bioenergy carbon capture News

Bioenergy Carbon Capture and Storage: A key enabler of carbon neutrality by 2050

The EU bioenergy sector is at the edge of technological innovations providing unique and sizeable solutions at a time of climate emergency. Drastic reduction of emissions is required, but it is not enough – there is an increasing need to capture carbon back from the atmosphere. Bioenergy Carbon Capture and Storage (BECCS) can achieve negative emissions by storing the CO2 resulting from the ...

May 25, 2020

By Bioenergy Europe

Europe’s First Bioenergy Carbon Capture and Storage Pilot Now Underway

The commissioning of an innovative Bioenergy Carbon Capture and Storage (BECCS) pilot plant at Drax Power Station has started with the first carbon dioxide expected to be captured in the coming weeks.If successful, the six month pilot project will capture a tonne of CO2 a day from the gases produced when renewable power is generated using biomass at Drax – the UK’s biggest power station, near ...

Nov. 27, 2018

By Smart Grid Observer

Davey to host international clean energy talks

Floating wind turbines are to be the initial focus of a new agreement between Britain and the United States this week as international talks convene in London to accelerate the deployment of clean energy technologies. Energy Ministers from 23 of the world’s leading economies will gather in London on Wednesday and Thursday to discuss accelerating the transition to clean energy technologies. ...

Apr. 23, 2012

By Department of Energy and Climate Change

Development banks finance record amount in clean energy

Clean energy financing by the world’s development banks increased 19% last year to break through the $100bn-a-year barrier for the first time. The top three banks were Germany’s KfW, China Development Bank and the Brazilian Development Bank (BNDES). In 2012 development banks financed $109bn in renewable energy, energy efficiency, and electrical transmission and distribution, ...

Sep. 10, 2013

By Bloomberg New Energy Finance

A global drilling fund could solve geothermal’s catch-22

The mature and zero-carbon technology of geothermal power is being held back by the cost and uncertainty of drilling wells, but new research suggests a possible answer The Catch-22 problem that is holding back world investment in geothermal power could be addressed via the establishment of a “global geothermal exploration drilling fund”, with either private investors and banks or ...

May 24, 2013

By Bloomberg New Energy Finance

China’s power sector heads towards a cleaner future

China’s power capacity will more than double by 2030 and renewables including large hydro will account for more than half of new plants, eroding coal’s dominant share and attracting investment of $1.4 trillion. China’s power sector carbon emissions could be in decline by 2027. China’s power sector is expected to go through significant changes through to 2030, according to ...

Aug. 27, 2013

By Bloomberg New Energy Finance

World Clean Energy Investment Heads for Second Successive Annual Fall

Global investment in clean energy was $45.9bn in the third quarter of 2013, down 14% on the second quarter of this year and 20% below the number for Q3 2012, according to the latest data on deals and projects compiled by research company Bloomberg New Energy Finance. The latest figure makes it almost certain that investment in renewable energy and energy-smart technologies such as smart grid, ...

Oct. 14, 2013

By Bloomberg New Energy Finance

Weakest quarter for clean energy investment since 2009

Global investment in clean energy in the first three months of 2013 was lower than in any quarter for the past four years, according to the latest figures from research company Bloomberg New Energy Finance. The first quarter investment figure for renewable energy, energy efficiency, and energy-smart technologies was $40.6bn, down 22% on the equivalent period of 2012 and 38% on the final quarter ...

Apr. 15, 2013

By Bloomberg New Energy Finance

Renewables Power Britain to New Carbon Emissions Record

On Sunday June 30 carbon emissions from electricity fell to just 97g per kWh, breaking the previous record of 104g per kWh set last summer, and for the first time ever meeting the UK Committee on Climate Change’s 2030 target of 100 g per kWh for a whole day.June 30 was also the first ever day when more than half of Britain’s electricity was powered by renewables – 39% from wind, 9% from solar, 8% ...

Aug. 12, 2019

By Smart Grid Observer

Tax Professionals Unfamiliar With US Clean Energy Incentives, Survey Finds

Tax professionals are generally unfamiliar with the various tax incentives available to private investors in clean energy projects, despite the fact that many have participated in other kinds of "tax equity" transactions, according to a survey conducted by Bloomberg BNA in consultation with Bloomberg New Energy Finance. The online survey of subscribers to Bloomberg BNA's Tax and Accounting ...

Mar. 13, 2012

By Bloomberg

Clean Energy Investments in Latin America Total $9.7 billion in 2012

Total new financial investments in clean energy in non-BrazilLatin America rose 127% in 2012 compared to 2011 figures, reaching $4.6 billion. This growth reverses the first global decline in new clean energy investments last year, as the region became more active in renewable energy. The trend emerges as 200 senior level financiers and developers will meet at the 3rd Annual Renewable Energy ...

Apr. 24, 2013

By American Council on Renewable Energy (ACORE)

NYSE Euronext and Bloomberg New Energy Finance Partner on Launch of Family of Clean Energy Indices

Today, NYSE Euronext in partnership with research company Bloomberg New Energy Finance will launch three regionally-focused clean energy stock indices, enabling the quoted companies most active in the world's historic shift to low-carbon energy to be tracked in unprecedented detail. The indices, covering respectively the Americas, the Europe, Middle East and ...

Nov. 28, 2011

By Bloomberg

Seven-Point Plan for Japan’s Energy Strategy Post-Fukushima

The crisis at the Fukushima Daiichi nuclear reactors, and sudden gap in Japan’s power capacity, should prompt the country to adopt a bold, seven-point plan for its future energy mix. Research by Bloomberg New Energy Finance shows that Japan has much better options than simply increasing its reliance on fossil-fuel generation. The Fukushima disaster caused Japan ...

Jun. 9, 2011

By Bloomberg

Cellulosic ethanol heads for cost-competitiveness by 2016

The cost of enzymes, pre-treatment and fermentation have fallen significantly, but cellulosic biofuels still have some way to go to reduce project capital expenditure if they are to be competitive with corn-based ethanol and with gasoline Ethanol manufactured from non-food “cellulosic” feedstock is on course to be cost competitive with corn-based ethanol by 2016, according to an ...

Mar. 12, 2013

By Bloomberg New Energy Finance

Exploring mitigation strategies for reaching the 2°C target

Research from the EU ADAM (Adaptation and Mitigation Strategies)1, project funded under the Sixth Framework Programme, has explored whether and how we can prevent global temperatures from rising by more than 2°C above pre-industrial levels. It suggests that carbon capture and storage (CCS) and bioenergy are highly important technologies if we are to meet this target. The EU has embraced the 2°C ...

Dec. 4, 2009

By Science for Environment Policy - European Commission DG Environment News Alert Service

Bloomberg New Energy Finance and EEVS team up on energy efficiency

Bloomberg New Energy Finance and our energy efficiency performance analysis friends, EEVS Insight, have announced a research partnership to boost transparency in the energy efficiency sector. The new market insight series ‘EEVS/Bloomberg Energy Efficiency Trends’will deliver regular updates on key sector activity such as the number of energy efficiency projects taking place, the ...

Jun. 24, 2013

By Drumbeat Energy Limited

Caldecott joins Bloomberg New Energy Finance

Move deepens company’s offering for governments, international institutions and energy sector clients Ben Caldecott, one of the UK’s thought-leaders on energy and climate change issues, is joining research firm Bloomberg New Energy Finance. Caldecott, who spent the last four years as head of policy for investment bank Climate Change Capital, will take on a new role at Bloomberg New ...

Jul. 16, 2013

By Bloomberg New Energy Finance

Brazil faces looming transport fuel shortfall

Brazil, which has long prided itself on achieving energy independence, will be unable to meet its domestic light vehicle demand for fuel as soon as 2017 if recent trends continue, a new report from Bloomberg New Energy Finance concludes. By 2021, demand could outstrip supply by as much as 9-12bn litres per year, equivalent to 20% of Brazil’s demand. The country must either make substantial ...

Mar. 9, 2013

By Bloomberg New Energy Finance

Crunch year for US biofuels

US biofuel policies are set to collide this year – with each other and with reality – Bloomberg New Energy Finance finds in new “What to Watch for” biofuels white paper. New York, 25 February 2013 – Policies that govern the use of US corn-based ethanol – one which calls for a minimum amount of consumption, and another which limits how much can go into ...

Feb. 26, 2013

By Bloomberg New Energy Finance

Europeans pursue better energy technologies

The Nordic region is renowned for its work on the protection of the environment. For its part, the Research Council of Norway has announced that it will grant funding to eight national research centres for the development of environmentally friendly technologies. Each centre will receive up to NOK 20 million (EUR 2.26 million) a year for five years. Various topics will be covered during this ...

Mar. 3, 2009

By European Commission, Directorate General for Research & Innovation

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