Tag: Carbon Trust

New offshore wind research to help reach Net Zero energy goals

Stuart Mitchell

The Carbon Trust’s Offshore Wind Accelerator (OWA), a collaboration between nine offshore wind developers, is launching 16 new research and development (R&D) projects this year. These span five key areas of logistics and operations and maintenance, cables, electrical systems, foundations, yield and performance.  As a range of countries plan to accelerate their Net Zero or low carbon energy transitions, offshore wind will play a key role. This month the UK Government released its new Energy Security Strategy which aims to boost low carbon energy generation from 60% of electricity production…

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Carbon Trust to take core role in new initiative to accelerate the transition away from coal power to clean energy

Stuart Mitchell

The Coal Asset Transition Accelerator (CATA) was officially announced at COP26 in Glasgow by Laurence Tubiana, CEO and President of the European Climate Foundation (ECF). CATA is a first-of-its-kind platform focused on leveraging finance to accelerate the coal transition globally. CATA will empower key local stakeholders – governments, utilities, coal asset owners, financiers, and civil society organisations – with cutting-edge analyses, leading expertise, and a suite of tools and resources to transition from coal to clean energy.  The Carbon Trust will partner with Climate Smart Ventures (CSV), the RMI (formerly…

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Groundbreaking analysis reveals a fully flexible energy system could cut the cost of reaching net zero by up to £16.7bn a year in 2050

Stuart Mitchell

Findings from a new, groundbreaking analysis of the future net zero energy system in Great Britain are expected to have profound implications for policymakers, households and the wider energy sector across Great Britain.  For the first time, the system-level value of deploying flexibility across heat, transport, industry and power sectors in Great Britain, and the sensitivity of this value to different scenarios, has been assessed. The analysis delivers a robust and up-to-date evidence-base on the role and value of flexibility in a net zero system, to drive decision making across…

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Carbon emissions drop 15% despite more people admitting to not taking action to cut carbon

Stuart Mitchell

The UK’s carbon emissions dropped by 15% during the pandemic overall compared to the year before, according to analysis compiled by Lloyds Banking Group in partnership with the Carbon Trust.  The analysis considered the impact on carbon emissions resulting from changing consumer spending behaviour across six categories: food and drink, fuel, commuting, airlines, electrical stores and clothing stores.   Restrictions on international and domestic travel as well as the increase in working from home have been significant factors in the drop in carbon emissions. Emissions from commuting reduced by two thirds…

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Carbon Trust launches Energy Efficiency Accelerator for ASEAN food and beverage companies

Stuart Mitchell

The Carbon Trust has launched the UK-ASEAN Energy Efficiency Accelerator (the Accelerator) to support businesses across Southeast Asia scale up energy efficiency improvements. Set to run until March 2022 the Accelerator will primarily focus on the food and beverage sector in Malaysia, Myanmar, Philippines, Thailand and Vietnam, supporting companies at different stages of their energy management journey to help them realise the importance of energy efficiency.  The food and beverage sector has been identified for this targeted support as it is one of the most energy consuming industrial sectors in…

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