Gas prices have reached record highs over the past year as global demand has intensified in Europe. Sean Gladwell | time | Getty Images LISBON, Portugal – The UK should engage in a “vaccination”-style effort to tackle soaring energy prices and prevent future energy crises, according to the boss of the gas and electricity supplier …
‘Vaccination-like’ response needed for UK energy crisis: Ovo CEO Read More »
Renault sees the internal combustion engine continue to play a crucial role in its business over the next few years, according to a senior executive at the French car giant. On Tuesday it was announced that the Renault group and the Chinese firm Geely had signed a non-binding framework agreement to establish a company focused …
Renault is betting that the gasoline car market will continue to grow Read More »
The aviation industry needs more carrots and less sticks to become more sustainable, according to the director general of the International Air Transport Association. Speaking at CNBC’s Sustainable Futures Forum on Friday, Willie Walsh was asked whether subsidies and tax breaks to encourage investment in cleaner energy were more efficient than businesses or consumers. taxed …
Taxation is a blunt instrument, says IATA chief Willie Walsh Read More »
The Waveswing wave energy converter pictured at Scapa Flow, Orkney. EMEC Sea trials of a wave energy converter weighing 50 metric tons have yielded “very encouraging results”, according to the company behind its development. On Tuesday, Scotland-based AWS Ocean Energy said the average amount of energy its device was able to capture “during a period …
Wave energy device put through its paces in trials in Scotland Read More »
An Iberdrola installation photographed in Spain. Europe plans to develop a number of hydrogen projects in the years to come. Angel Garcia | Bloomberg | Getty Images The hydrogen will be injected into a grid-connected gas-fired power station during a 12-month trial project, in the latest example of how large companies are looking to integrate …
UK trial will inject hydrogen into grid-connected gas-fired power station Read More »
