Mandatory renewable energy target

FEX Global Sets December Date for Listing Large-Scale Generation Certificate (LGC) Deliverable Environmental Futures Contract

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Martedì, Novembre 14, 2023
Other Energy, Professional Services, Utilities, Oil, Gas, Sustainability, Alternative Energy, Energy, Environment, Other Professional Services, Green Technology, Finance, Consulting, ACT, Carbon, Corporation, Renewable energy, Green Power, Australian Securities Exchange, Element, Calendar, Accreditation, LGC Ltd, ACCU, FEX, LGC, Retirement, RET, Electricity, Clean Energy Regulator, Renewable portfolio standard, CER, Government, Mandatory renewable energy target

The Australian Market Licence Operator, FEX Global , will make its physically deliverable Large-Scale Generation Certificate (LGC) Monthly Futures Contract available for trading on Monday December 11th, 2023 (subject to the completion of final regulatory steps).

Key Points: 
  • The Australian Market Licence Operator, FEX Global , will make its physically deliverable Large-Scale Generation Certificate (LGC) Monthly Futures Contract available for trading on Monday December 11th, 2023 (subject to the completion of final regulatory steps).
  • The LGC futures contract will complement FEX Global’s suite of Australian Power and Gas Contracts.
  • FEX Global’s LGC futures contract will be the only centrally cleared environmental derivatives contract available for trading on a licenced futures market in Australia.
  • Thomas Price, Director of FEX Global commented, “We have chosen the LGC certificate as our first environmental futures contract because it is a standardised instrument, with each LGC certificate fungible with each other.

Duke Energy reaches 10,000-megawatt renewable energy milestone

Retrieved on: 
Giovedì, Luglio 29, 2021
Articles, Energy, Energy policy, Renewable energy, Bright green environmentalism, Technological change, Duke Energy, Sembcorp Energy India, Mandatory renewable energy target

As one of the nation's top renewable energy providers, Duke Energy renewables portfolio includes nearly 200 sites in 22 states, with over 1,000 megawatts of new projects under construction throughout the country, including Florida, Texas, and the Carolinas.

Key Points: 
  • As one of the nation's top renewable energy providers, Duke Energy renewables portfolio includes nearly 200 sites in 22 states, with over 1,000 megawatts of new projects under construction throughout the country, including Florida, Texas, and the Carolinas.
  • "For more than a decade, Duke Energy has been delivering low-cost renewable power to our customers," said Chris Fallon, president of Duke Energy Sustainable Solutions.
  • Duke Energy Sustainable Solutions acquired the project from Recurrent Energy, a wholly owned subsidiary of Canadian Solar Inc. (NASDAQ: CSIQ), in December 2020.
  • Duke Energy has set a goal of reaching 16,000 MW of renewables by 2025 and 47,000 MW by 2050.

Shell to buy Inspire Energy Capital, expanding renewable power business in the United States

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Martedì, Luglio 27, 2021
Companies, Articles, Royal Dutch Shell, Shell Oil Company, Shell Energy, Renewable energy, Energy policy, CleanPowerSF, Mandatory renewable energy target

Achieving Shell's net-zero emissions target could mean that Shell doubles the amount of electricity sold and provides enough renewable electricity to power 50 million households by 2030.

Key Points: 
  • Achieving Shell's net-zero emissions target could mean that Shell doubles the amount of electricity sold and provides enough renewable electricity to power 50 million households by 2030.
  • Shell Energy North America has been an early energy supplier to Inspire since 2017.
  • Inspire will augment Shell's existing position as a power supplier to residential customers in the U.S. alongside MP2 Energy, a wholly owned subsidiary of Shell Energy North America.
  • Subject to regulatory clearance and the satisfaction of closing conditions, Inspire will be a wholly owned subsidiary of Shell, operating under its existing brand within our Renewables & Energy Solutions integrated power business.

Cedo Commits to Climate Neutrality By 2030

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Martedì, Luglio 27, 2021
Manufacturing, Home Goods, Other Manufacturing, Environment, Retail, Greenhouse gas emissions, Renewable energy, Climate change policy, Emissions reduction, Carbon dioxide, Carbon neutrality, Environmental policy, Articles, Politics of climate change, Mandatory renewable energy target, Climate change in Europe

Cedos remaining factories in Vietnam, Poland and the Netherlands are also on target to achieve climate neutrality over the next few years.

Key Points: 
  • Cedos remaining factories in Vietnam, Poland and the Netherlands are also on target to achieve climate neutrality over the next few years.
  • Cedos aim is to become a climate neutral business worldwide by 2030.
  • As we approach Earth Overshoot Day on 29 July, Cedo is one quarter of the way to achieving its 100 per cent renewable energy goal, which will see it becoming a climate neutral business by 2030.
  • By 2030 the business will be climate neutral across its global operations.

General Motors and Shell Offer Renewable Energy Solutions to U.S. Homeowners, EV Owners and Suppliers

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Mercoledì, Giugno 23, 2021
Articles, Emissions reduction, Low-carbon economy, Natural environment, Royal Dutch Shell, Climate change policy, Renewable energy, Greenhouse gas emissions, Mandatory renewable energy target, Renewable energy transition

This target includes emissions not only from the energy Shell produces and processes, but also from all the energy products it sells to its customers.

Key Points: 
  • This target includes emissions not only from the energy Shell produces and processes, but also from all the energy products it sells to its customers.
  • "Shell is working across many sectors to help address greenhouse gas emissions and to serve as a partner for change," said Glenn Wright, vice president of Renewables and Energy Solutions, Shell.
  • General Motors (NYSE:GM) is a global company focused on advancing an all-electric future that is inclusive and accessible to all.
  • Shell companies have operations in more than 70 countries and territories with businesses that include renewable energy projects.

Unitil Commits to Net-Zero Emissions Goal by 2050

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Lunedì, Giugno 21, 2021
Energy, Articles, Resource economics, Energy economics, Carbon dioxide, Carbon neutrality, Renewable energy, Low-carbon economy, Mandatory renewable energy target, Climate Change Committee

HAMPTON, N.H., June 21, 2021 (GLOBE NEWSWIRE) -- Unitil Corporation (the Company) (NYSE: UTL) ( unitil.com ) today announced its commitment to reduce company-wide direct greenhouse gas emissions from 2019 levels by at least 50 percent by 2030, and to net-zero emissions by 2050.

Key Points: 
  • HAMPTON, N.H., June 21, 2021 (GLOBE NEWSWIRE) -- Unitil Corporation (the Company) (NYSE: UTL) ( unitil.com ) today announced its commitment to reduce company-wide direct greenhouse gas emissions from 2019 levels by at least 50 percent by 2030, and to net-zero emissions by 2050.
  • With these ambitious goals established for 2030 and 2050, the Company will reduce greenhouse gas emissions from its buildings, vehicles and pipelines, while continuing to provide safe and reliable service for its customers.
  • In addition, Unitil will continue to work with customers, policymakers and industry leaders to reduce emissions from the energy supply delivered to customers.
  • Through our commitment and pathway to net-zero emissions by 2050, we will support the transition to a net-zero carbon economy.

The Acer Group Joins RE100, Commits to 100% Renewable Energy Use by 2035

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Giovedì, Maggio 27, 2021
Renewable energy, Articles, Energy policy, Sustainable energy, Sustainable development, The Climate Group, Acer Inc., 100% renewable energy, Carbon neutrality, Mandatory renewable energy target

In 2012, Acer began setting carbon reduction targets through energy management and green energy use, taking 2009 as the baseline year.

Key Points: 
  • In 2012, Acer began setting carbon reduction targets through energy management and green energy use, taking 2009 as the baseline year.
  • Setting a new commitment to source renewable energy for all of its energy use by 2035, Acer also announced that it has joined RE100, a global corporate renewable energy initiative that brings together hundreds of large and ambitious businesses committed to 100% renewable electricity.
  • In 2020, the Acer Group achieved 44% renewable energy use.
  • By committing to 100% renewable electricity by 2035, Acer joins over 300 of the world's leading businesses committed to driving market change," said Sam Kimmins, Head of RE100, The Climate Group.

ACWA Power expands its presence in Central Asia with largest single-site wind farm in the region

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Martedì, Maggio 4, 2021
ACWA Power, Articles, Renewable energy, Energy, Mandatory renewable energy target, Energy development, ACWA, Solar power in the United Arab Emirates, Mohammed bin Rashid Al Maktoum Solar Park

The announcement follows the signing of Power Purchase Agreements (PPA) and Investment Agreements for two wind power projects in Bukhara and Navoi, concluded earlier this year with an aggregate power generation capacity of 1000 MW.

Key Points: 
  • The announcement follows the signing of Power Purchase Agreements (PPA) and Investment Agreements for two wind power projects in Bukhara and Navoi, concluded earlier this year with an aggregate power generation capacity of 1000 MW.
  • ACWA Power also has a 1500 MW high efficiency gas fired power project under construction in Sirdarya, Uzbekistan.\nHis Excellency Sardor Umurzakov, Uzbekisatan\'s Minister of Investment and Foreign Tradesaid, "We value our partnership with ACWA Power and welcome this expansion, which will be the largest facility of its kind in the Central Asian region once commissioned.
  • This project will contribute to the implementation of our national renewable energy target of bringing the total renewable power generation capacity to 25% by 2030.
  • "ACWA Power\'s project will be a major contributor to our plan to generate 25% of our electricity from renewable energy sources by 2030.

Cobb EMC Reaffirms Clean Energy Goals Ahead of Earth Day

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Lunedì, Marzo 29, 2021
Geography of Georgia U.S. state), Articles, Energy, Emissions reduction, Climate change policy, Energy policy, Clay County, Georgia, Cobb Electric Membership Corporation, Quitman County, Georgia, Sustainable energy, Renewable energy, Mandatory renewable energy target

The cooperative, a member-owned electric utility, is on schedule to attain its clean energy goals by 2030.

Key Points: 
  • The cooperative, a member-owned electric utility, is on schedule to attain its clean energy goals by 2030.
  • Overall, Cobb EMC's clean energy goals consist of reducing carbon emissions by 75% and doubling up on their renewable energy portfolio with a 200% increase, all by 2030.
  • Cobb EMC members can also choose to help support a clean energy future through the "Green Energy for a Penny" program.
  • For more information on Cobb EMC's clean energy goals, please visit cobbemc.com/2030 and the Green Energy for a Penny program at cobbemc.com/green .

Montauk Renewables, Inc. announces ISCC GHG Savings Certification for three biomethane sites

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Martedì, Febbraio 23, 2021
Energy, Articles, Energy policy, Natural gas, Emissions reduction, Renewable energy, Renewable natural gas, Renewable Transport Fuel Obligation, Renewable Energy Certificate, Mandatory renewable energy target

These sites have now been certified that their biomethane can currently be used under the EU Renewable Energy Directive (RED) to meet EU mandatory targets for the use of renewable energy in transport.

Key Points: 
  • These sites have now been certified that their biomethane can currently be used under the EU Renewable Energy Directive (RED) to meet EU mandatory targets for the use of renewable energy in transport.
  • We develop, own, and operate Renewable Natural Gas (RNG) projects, using proven technologies that supply renewable fuel into the transportation and electrical power sectors.
  • Having participated in the industry for over 30 years, we are one of the largest U.S. producers of RNG.
  • We have an operating portfolio of 12 Renewable Natural Gas and three Renewable Electricity projects that span six states.