18 May 2023: The UK’s Secretary of State for Energy Security and Net Zero, Grant Shapps has officially announced the UK's intention to participate in US President, Joe Biden's worldwide initiative aimed at advancing and expanding the development of carbon removal technologies. Grant Shapps announced that during his four-day
09 May 2023: The inaugural Net Zero council has been established by the UK government with the aim of assisting industries in reducing their emissions and promoting the adoption of climate friendly practices. The meeting witnessed the presence of prominent figures from renowned banks, energy companies, technology giants and finance
10 May 2023: UK based start-up, Carbon Kapture, which is committed to remove CO₂ from the atmosphere, is launching its inaugural seaweed farm. The company has devised an exceptional business model that allows customers to sponsor seaweed cultivated on ropes, enabling direct absorption of CO₂ from the sea. This seaweed
03 May, 2023: A collaborative effort between the UK and EU has started to create retrofit solutions for carbon capture and other technologies aimed at reducing emissions and fuel consumption in ships. Despite the fact that waterborne vessels currently have the lowest impact on overall GHG emissions in European transportation,
Batteries
Essen, Germany, 02 May, 2023: Hatch, a Canada based engineering company and Germany based industrial machinery manufacturer, Küttner have merged to establish themselves as the top supplier of sustainable industrial processes, innovative green technologies, advanced hydrogen and battery solutions in Europe. Hatch has declared that Küttner will be integrated with
As we face the realities of climate change, the importance of reducing carbon footprint has become more evident than ever before. In this quest for a more sustainable future, a new frontier has emerged in the form of climate-friendly materials that have the potential to capture and store carbon dioxide.
April 26, 2023: Negotiators from the European Union reached an agreement to decarbonise the aviation sector, with the goal of reducing heat-trapping emissions by increasing the scope of the region's green aviation fuel market. The deal, known as ReFuelEU, will require all flights departing from an EU airport to uplift
20 April 2023: Siemens Energy, in collaboration with Spain’s Dragados Offshore ACS.MC has been awarded contracts with a total value of around 7 billion euros to transport wind farm power to northern Germany. Siemens Energy has announced that as part of their agreement with TenneT IPO-TTH.AS, they
April 19, 2023, The European Commission’s Commissioner for Energy, Kadri Simson, has stressed the importance of energy storage in achieving the EU's energy transition and decarbonisation goals. During a speech to Members of the European Parliament (MEPs), Simson highlighted that storage is often overlooked in energy plans and strategies.
17 April, 2023: The British Geological Survey (BGS) has published a report for the Critical Minerals Intelligence Centre (CMIC), which identifies regions in the UK with potential for critical raw minerals. This report is a comprehensive evaluation of the geological potential for critical raw materials on a national level. This
Carbon Markets
Autodesk, H&M Group, JPMorgan Chase, and Workday have declared their participation in Frontier, an initiative aimed at advancing carbon removal. The members have pledged to buy a total of $100 million worth of high-quality carbon removal solutions over the next eight years. This commitment brings Frontier's total advance market
6th April 2023, Levidian, a UK-based climate tech company, has partnered with Luxembourg-based construction firm Stugalux to deploy its decarbonisation technology in Europe for the first time. The technology involves using the company's LOOP device to break down methane into hydrogen and carbon atoms, without the need for catalysts or