The Australian government has announced that it is funding new large scale batteries to deliver Australian households and industry reliable and affordable electricity. Through the Australian Renewable Energy Agency (ARENA), the Australian government is providing $100 million in grants for large-scale battery energy storage projects of 70MW or larger to provide essential system stability services to the electricity grid.
  • December 24, 2021
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Equinor, Shell, TotalEnergies, Gassco and classification society DNV announced a JIP to develop new marine solutions for the transportation of carbon dioxide without the use of pipelines. The CETO (CO2 Efficient Transport via Ocean) JIP will design a low-pressure ship and identify solutions to scale up carbon dioxide transportation volume, while reducing the associated risks, to support the development of opportunities in carbon capture and storage.
  • December 23, 2021
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The European Commission is expected to publish its "sustainable finance taxonomy", a set of long-anticipated rules on which businesses can attract climate-friendly investments in January 2022. Discussions between member states and the EU have been circling majorly around whether nuclear energy and natural gas will be identified as climate-friendly investments.
  • December 21, 2021
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NBN Co, Australia's Broadband Network Corporation has announced its Towards-Zero Carbon Ambition and membership of the global RE100 renewable energy initiative. RE100 is a global initiative bringing together the world’s most influential businesses committed to 100% renewable power.
  • December 14, 2021
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Renewable energy projects across Great Britain can now bid for funding in the 4th round of the Contracts for Difference (CfD) scheme, which is aiming to secure 12GW of electricity capacity - more renewable capacity than the previous 3 rounds combined. The additional offshore wind capacity resulting from the funding alone could generate enough electricity to power around 8 million homes.
  • December 13, 2021
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The Australian Parliament has finally passed a bill to enable development and operation of offshore wind farms in the country. The Offshore Electricity Infrastructure Bill 2021 establishes a regulatory framework for the industry in commonwealth waters. The bill will enable Australia to tap into the offshore wind potential offered by its coastline of over 25,000 kilometres.
  • December 12, 2021
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