CorPower Ocean, has signed an agreement to build a 5MW wave energy project at the European Marine Energy Centre (EMEC) in Orkney, Scotland. Scheduled for deployment in 2029, the 5MW array is expected to become the UK’s largest wave energy project. Deployed at EMEC’s grid-connected Billia Croo wave energy test site, it will comprise 14 wave energy converters, operating for up to 15 years.
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Malawi: World Bank approves hydro power storage grant
The World Bank Board of Executive Directors has approved a $350m grant from the International Development Association to support Malawi’s Mpatamanga Hydropower Storage Project (MHSP), a large infrastructure operation aiming to transform the country’s energy landscape and its economic development trajectory.
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Omnibus: EU Ombudsman opens inquiry after NGOs’ complaint
The EU Ombudsman has launched an inquiry into how the European Commission prepared its ‘Omnibus Simplification Package’. This follows a complaint brought by eight civil society organisations against the European Commission.
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Ireland: lowest energy emissions in over 30 years
The Sustainable Energy Authority of Ireland (SEAI) has published the Interim National Energy Balance for 2024, which shows that Ireland’s energy-related emissions are now at their lowest level in over 30 years, falling a further 1.3% last year. This marks an overall decrease of 11% since carbon emissions targets were introduced in 2021 and the third consecutive year with an emissions reduction.
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Collaboration agreement signed to realise North Sea potential
The North Sea Transition Authority and Crown Estate Scotland have signed a Statement of Intent (SoI) to collaborate on energy and carbon storage in the North Sea. The SoI includes a pledge to progress net zero targets by helping different technologies share space and taking a coordinated approach to managing the seabed.
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Egypt’s first solar and battery project backed by EBRD
The European Bank for Reconstruction and Development (EBRD) is making a $30m loan available to Obelisk Solar Power, a project company owned by Scatec ASA. The financing facility will finance a new 1GWac solar plant in Egypt with 200MWh of battery storage. It is expected that the project will reduce CO2 emissions by 1.3m tonnes per year.
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What does the UK-EU Summit mean for energy and emissions?
The UK and the EU have agreed a substantial cooperation agreement in relation to trade and free movement. Included in the package are two energy and emissions trading arrangements.
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Funding for flood defences is crucial, says the ABI
The Association of British Insurers (ABI) says that, between January and April this year, claims for weather-related damage to people’s homes and possessions in the UK topped £200m for the first time ever. Pay-outs surpassed the previous quarterly record from Q1 2022 by £67m.
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Project Clover: TikTok upgrades data security in a green way
As part of Project Clover, TikTok’s data security initiative, all three buildings in its Norwegian data centre are now online. The data centre in Hamar, Norway, developed by Green Mountain, plays an important role in the local economy, but sustainability is also a core focus.
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EU Commission simplifies CAP, including for environment
To simplify the Common Agricultural Policy (CAP) and boost farmers' competitiveness, the European Commission has presented a large package of measures targeting the administrative burden, controls, implementation, crisis response and investment needs of the sector.
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King Charles announces 35 under 35 changemakers
The King’s Foundation has announced the outcome of its search for the next generation of makers and changemakers – the King’s Foundation’s 35 under 35. The final 35 are a network of exceptional young people who represent the change The King’s Foundation stands for across nature and sustainability, traditional arts and crafts, textiles, architecture and urbanism, health and wellbeing, horticulture and farming.
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Law Society: on the front foot re climate risks
The Law Society in the UK has launched new guidance to help solicitors navigate climate change in property transactions. The Law Society said that, as climate risks become more prevalent, solicitors may need to highlight relevant legal issues to clients during property transactions. Its new practice note includes practical guidance to help address common challenges identified by solicitors.
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Sulphur emission limits set for the Mediterranean Sea
The Mediterranean Sea has officially become an Emission Control Area under MARPOL Annex VI. The sulphur content in fuel oil for ships operating in the area is now limited to 0.1%, significantly reducing air pollution and delivering major benefits to both human health and the marine environment.
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Arup: AI is designing our future sustainable cities
AI is already impacting the design of global cities and infrastructure – with more than a third (36%) of engineers, architects and city planners relying on it daily, a new survey from Arup has revealed.
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Curious to know where we are with Industrial Revolution 5.0?
Clarity around which industrial revolution we are in and what Industrial Revolution (IR) 5.0 really means is delivered by a paper that points out: “This evolution of industry is not just a technological change but a human-centred movement that concerns politicians, academics, practitioners, and society at large.”