REM - Renewable Energy

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Power

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REM covers information across all main renewable energy sources, including onshore and offshore wind, solar, geothermal, biomass, biofuels, hydro, wave, tidal and marine. It also gives insight into new and developing technologies such as algal biofuels and advanced storage, keeping our customers abreast of the latest updates and innovations relevant to any of the above sectors.

REM aims to alert readers and investors on the latest large-scale projects and IPOs, giving balanced coverage of potential global opportunities for investors and companies along the renewable energy supply chain.

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NuScale terminates novel advanced SMR nuclear project

15 November 2023

NuScale has terminated the US’s first small modular reactor (SMR) in Idaho in the US because of rising costs and a lack of backers. NuScale had worked on the project for a decade.

Damage to offshore wind cables is top cause of sector’s insurance claims

15 November 2023

The offshore wind industry may be poised for growth, but economic pressures and tech innovation need to be managed. This is according to Allianz Commercial, the insurer, in a new report.

US in dire climate straits, government report says

15 November 2023

The US is experiencing accelerated warming and “far-reaching and worsening” conditions of climate change compared with the rest of the world, according the recently released Fifth National Climate Assessment.

China emissions to fall in 2024 because of surge in clean energy

15 November 2023

Because of a clean-energy boom, climate emissions in China will fall in 2024 and the country could even soon be on a path to sustained declines, according to a new report.

Climate crisis to boost inflation, Bank of England economist says

15 November 2023

The climate crisis is to boost inflation and make it more volatile, according to Catherine Mann, the Bank of England’s economist and member of its monetary policy committee. Central banks will have to respond to this, she said.

Leading wind player Orsted replaces two top executives, exits Norway consortium

15 November 2023

Danish offshore wind developer Orsted, which has faced severe financial losses, has ousted CFO Daniel Lerup and COO Richard Hunter. The company also said it has pulled out of a Norwegian offshore consortium due to bid in an auction.

World’s first commercial CO2 sensor satellite in orbit

15 November 2023

The first orbital sensor able to pinpoint CO2 emissions from individual industrial facilities, such as cement or power plants, has successfully launched from Vandenberg Space Force Base in California.

PLN - Powerchina agree on wind energy development in Indonesia

15 November 2023

State-owned electricity company PT PLN, through its subholding PLN Nusantara Power, has entered into a collaboration with Powerchina International Group Limited to advance wind energy development in Indonesia

Pertamina and ExxonMobil sign landmark agreement for carbon capture storage hub in Java Sea

15 November 2023

PT Pertamina has once again demonstrated its commitment to lead the decarbonisation program in Indonesia through a collaboration with ExxonMobil

India lays ground rules for its upcoming compliance carbon market

15 November 2023

India has established foundational guidelines for the operationalisation of its carbon market compliance, outlining the issuance and trading of emission allowances

Indonesia's challenges in transitioning from fossil fuel power plants to renewable energy in Indonesia

15 November 2023

Indonesia has revealed that the efforts to transition from fossil fuel power plants to renewable energy still face complex issues

New Green Alliance: offshore wind cheaper than natural gas in UK

14 November 2023

Think-tank New Green Alliance has found even if the British government establishes prices for offshore wind power at double the level paid in the last successful auction, offshore wind will still be cheaper than gas natural power.

Graphyte claims first permanent, affordable and scalable carbon-removal solution

14 November 2023

Graphyte, a US-based startup backed by Bill Gates’ Breakthrough Energy Ventures, has announced a new carbon dioxide removal approach that it says is permanent, affordable and immediately scalable.

Octopus Energy enters Germany’s offshore wind market

14 November 2023

Octopus Energy’s generation arm has made its first investment in Germany’s offshore wind sector as it rapidly scales up its renewables activity in the country.

October 2023 capped the hottest 12 months in recorded history

14 November 2023

A new analysis of international data, released by Climate Central, reveals that global temperatures have broken records over the past 12 months.

Exxon aims to become a leading lithium producer for EVs

14 November 2023

ExxonMobil's goal is to become a major lithium producer for electric vehicle batteries.

Vietnam may not attain 2030 offshore wind goal

14 November 2023

Vietnam faces significant challenges in achieving its offshore wind power target for 2030, according to a senior official from a state-owned energy company.

R Power purchases PV projects in Poland

14 November 2023

R Power has bought PV projects in Poland that total 91 MWp from the joint venture EOS, controlled by Cero Generation. Most of the projects are shovel-ready, with R Power intending to start their expansion in 2024.

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