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Nigeria’s power finance and energy investors to meet with Nigerian government in Abuja this October

Leading development finance institutions and heads of Nigeria’s most accomplished energy companies will meet with national government at EnergyNet’s Powering Africa: Nigeria Investment Summit, held under the Official Patronage of the Federal Ministry of Power, Works and Housing, taking place in Abuja from 12-14 October 2016.

Emerging carbon pricing initiatives

What are the key developments and prospects for existing and emerging carbon initiatives? Today, about 40 national and over 20 sub-national jurisdictions, responsible for almost one-fourth of global greenhouse gas emissions, are putting a price on carbon. Together, these initiatives cover the equivalent of almost 6 gigatons of carbon dioxide, or about 12% of global emissions.

Rocky Mountain Institute: What it will take to improve energy access and security

“Even though there are a lot of projects happening, to make a project sustainable one must take a whole-systems approach.” Rocky Mountain Institute trustee Maria van der Hoeven, formerly Executive Director of the International Energy Agency and a member of SEforALL’s Advisory Board, talks about energy access and security.

Photo credit: TERI

China, US ratify Paris Agreement in big step towards entry into force

The United States and China – the world’s two biggest greenhouse gas emitters – have formally ratified the Paris climate agreement, bringing its entry into force a big step closer.

 

U.S. President Barack Obama and Chinese President Xi Jinping deposited their respective instruments to join the agreement with United Nations Secretary-General Ban Ki-moon in Hangzhou, China, on 3 September, ahead of a summit of the G20 group of leading economies.

 

Renewables win more than half of Chile power tender

Renewable energy producers have won more than a 50% share of Chile’s latest power tender, with falling costs for renewables driving the average bid price below USD 50 per megawatt hour (MWh) – the lowest since the tenders began a decade ago.

More than half of the energy awarded in the auction, which was to supply 12,430 gigawatt hours (GWh) from 2021, will be supplied by non-conventional renewable energy, mainly wind and solar projects, the Chilean Association for Renewable Energy (ACERA) reports.

Toyota, Siemens, Johnson Controls top new ‘Carbon Clean’ ranking

Toyota, Siemens and Johnson Controls head a new list of the top 200 world companies ranked by their total clean energy revenues, with Chinese firms accounting for more than a third of the total.

The ‘Carbon Clean 200’ ranking (Clean200), developed by Canadian media and research company Corporate Knights and US-based non-profit organization As You Sow on the basis of data from Bloomberg New Energy Finance (BNEF), aims to identify “which companies currently are profiting from making the decision to participate in the clean transition and what is the best way to spot them”.