European Union countries are considering a one-year delay to the launch of a new European carbon market for buildings and transport, pushing back the start to 2027, as they seek a compromise on more ambitious climate policies, draft documents show.
UK green hydrogen company Protium has secured €46.6 million investment in its latest funding round led by SWEN Capital Partners. This is the largest funding secured for a pure play green hydrogen energy company in the UK to date.
Toshiba America Energy Systems Corporation have announced that they have reached an agreement with American company Bechtel Power Corporation to collaborate on the delivery of steam turbines and generators for Poland's first nuclear power plant.
Brussels is seeking approval from EU countries and European Parliament for its plan to label gas and nuclear as climate-friendly investments, which has split opinion among states who disagree on the fuels' green credentials. Germany, the EU's biggest economy, is among those planning to reject it when countries come to vote on the plan in the coming weeks.
Electricity generated from renewable energy sources totaled 795 million megawatt-hours (MWh) in the United States in 2021, surpassing the 778 million MWh of electric power generated from nuclear reactors. According to Energy Information Administration (EIA), wind and solar energy primarily contributed to the boost in power generation from renewables.