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Energy Transition

Energy Transition

University joins carbon capture partnership

A Scottish university has joined the largest carbon capture and storage (CCS) research partnership in the UK. Scientists from the University of Strathclyde will join fellow researchers within the Scottish Carbon Capture & Storage (SCCS) partnership, providing expertise in areas including carbon dioxide transport and environment impact analysis.

Energy Transition

Wind power supply rises to 24%

Highs winds over the weekend helped provide almost a quarter of the UK’s electricity supply, Industry body RenewableUK said. A new record of 24% was set for wind power as nuclear reactors remained offline and a large gas plant was hit by a fire.

Energy Transition

Renewables to drive power generation growth in Africa, IEA says

Renewable energy will satisfy much of Africa’s expanding power needs by 2040 as the continent unlocks vast hydropower resources, the International Energy Agency said. Energy demand south of the Sahara Desert will grow 80% as the economy quadruples in size during the period, the Paris-based institution said in a report released today. Renewable energy and hydropower will supply almost half of the growth.

Energy Transition

Triodas Renewables launches crowdfunding bid

Triodas Renewables today confirmed that it will offer individuals the chance to co-own renewable energy projects. In association with Trillion Fund, the crowd financing platform for renewable energy, people can invest as little as £50, the lowest ever minimum investment for Triodas shares. Total shares will be capped at £5million and the money raised will be invested in constructing new renewable energy generating assets, accelerating the firm’s renewable electricity generation capacity.

Energy Transition

Successful first investment seed for Cumulus Energy Storage

Cumulus Energy Storage (CES) has managed to raise £250,000 from its first round of seed investment. The firm will use the cash to develop its renewable technology. CES is currently developing the low-cost, grid-level energy storage in a bid to reduce energy supply costs by developing prototype battery technology which can be used to cope with the rigours of the industry.