Tag: Renewable energy
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Downtime in 2023: a brief overview
including public reports, industry research and anonymized data from Uptime members. Despite the challenges of tracking outages, which can vary in visibility and classification, this report brings together a coherent picture of the trends, causes and impacts of outages over the past year. It highlights the need for a well-maintained status page to keep stakeholders…
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COP28 in Dubai: A landmark agreement on phasing out fossil fuels amid climate challenges
COP28, the key event in the global review of the Paris Agreement, began with high expectations. Its goal was to assess the necessary actions to limit global warming to 1.5 degrees. One of the major achievements of the conference was the historic decision, heavily debated until the last moments, to initiate a global transition away…
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The UN General Assembly votes yes to the Gaza ceasefire – Denmark for
Applause followed the result of the UN vote on Tuesday evening. Plus, a broad political agreement is now in place to build renewable energy agriculture on land in Denmark, and the plastic Christmas tree has entered the chat. The full version of this article is only available to subscribers. Already a subscriber, log in here:…
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COP28: Denmark contributes DKK 128 million to pan-African initiative for green energy
Denmark is investing heavily in Africa's conversion to renewable energy. But it is also seeking a competitive advantage: Africa supplies many of the crucial raw materials for the global green transition, and Russia, China, Iran and others already have a strategic foothold in the region. The full version of this article is only available to…
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Towards a Brighter Tomorrow: India’s G20 Chairmanship and the Claw of a New Multilateralism
After assuming the G20 chairmanship, India sought to offer the world an alternative to the status quo, a shift from GDP-centric to people-centric development. India sought to remind the world of what unites us, not what separates us. In the end, the global conversation had to evolve – the interests of the few had to…
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Helsinki’s Tuomaan Market opens on Friday with festive attractions
Emphasizing sustainability and an alternative to mass-produced gift and decorative products, Tuomaan Market presents a considerable number of artisans and small producers from all over Finland. The market is not only a place for shopping, but also a center for festive activities and culinary delights. The central areas of the market, the Licensed Restaurant Yard…
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Helsingin Tuomaa Markkinat: Festival market for handicrafts and delicacies
This year’s selection includes both new and familiar faces, offering a selection of products for the festive table and gift giving. The products include Finnish fish and meat delicacies, pastries, mushroom salads, jams, mustards, handmade sweets, jewelry, natural cosmetics, warm woolen socks, and design and decoration products inspired by old Finnish travel posters. The heart…
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A record 89% of Finland’s electricity came from fossil-free sources last year
Domestic production covered 85 percent of Finland’s electricity consumption, of which 54 percent was produced with renewable energy sources.
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6 young Portuguese activists go to court in Climate Fight
COSTA DA CAPARICA, Portugal – Sofia Oliveira was 12 years old when catastrophic forest fires in central Portugal killed more than 100 people in 2017. She “felt it was now or never to raise our voices” as her country appeared to be in the grip of deadly human-caused climate change . Now a university student,…
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Finland’s first solar-powered football stadium under construction
The system is expected to start producing electricity in late autumn 2023. Juho LasonenSolarigo’s project manager says that HJK’s solar power project starts with the installation of 162 solar panels on the roof of the club’s end. “The energy produced by these panels would cover the annual consumption of 41 apartments,” Lasonen reveals. Solar power:…
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Economic Outlook for Norway: The Way Forward
Norway’s economy has gone through several phases of growth and adaptation over the years. With natural resources, a well-educated population and a well-functioning welfare state, Norway has a solid foundation to build on. Here we take a closer look at some of the key aspects that point towards the economic future for Norway. Sustainable Energy…
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Mannerheim, energy market and Biden's cold reception: Finland in the world press
Henrik Meinanderâs biography, âMannerheim: Marshal of Finland,â translated fluently by Richard Robinson, looks into the history intertwined with Mannerheimâs career. While Mannerheim had some flaws, like his initial reluctance towards representative democracy, he remains significant in Finlandâs history. After Finlandâs short civil war following the Bolshevik revolution, Mannerheim led conservative forces to victory. While Meinander…
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Musk believes ESG is the devil and he’s not the only one
The environmental, social, and governance (ESG) agenda once had the staunch backing of billionaires, but now corporations are backtracking In a June 10 Tweet, Elon Musk, the embodiment of the electric vehicle (EV) revolution, declared that “ESG is the devil.” ESG stands for the “environmental, social and governance” principles which dictate that certain aspects of…
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Musk believes thatESG is the devil and he’s not the only one
The environmental, social, and governance (ESG) agenda once had the staunch backing of billionaires, but now corporations are backtracking In a June 10 Tweet, Elon Musk, the embodiment of the electric vehicle (EV) revolution, declared that “ESG is the devil.” ESG stands for the “environmental, social and governance” principles which dictate that certain aspects of…
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Why is Big Capital ditching the ESG agenda
The environmental, social, and governance (ESG) agenda once had the staunch backing of billionaires, but now corporations are backtracking In a June 10 Tweet, Elon Musk, the embodiment of the electric vehicle (EV) revolution, declared that “ESG is the devil.” ESG stands for the “environmental, social and governance” principles which dictate that certain aspects of…
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TechnoServe joins forces with the IKEA Foundation and the Visa Foundation to launch the Green Accelerator Program for scale-bound businesses
PRNewswire Mumbai (Maharashtra) [India]June 5: On the occasion of World Environment Day, TechnoServe launches the first cohort of the Greenr Sustainability Accelerator supported by the IKEA Foundation and the Visa Foundation. Over the next 3 years, Greenr Accelerator, a TechnoServe initiative, will nurture 400 high-growth companies in 5 cohorts to make significant progress in the…
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Negative electricity prices, growing debt and NATO’s geopolitical consequences: Finland in the world press
The decrease in the price of electricity, which caused them to reach negative values, was discussed in the article Daily Wire May 25th. The article considers how Finland achieved such a significant reduction in electricity prices after the recent commissioning of a nuclear power plant. The article highlighted the importance of this development given earlier…
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Green energy plays bigger roles in European countries
© Provided by Xinhua According to Brussels-based Solar Power Europe, the 27 EU member states saw 41.4 gigawatts (GW) of new solar photovoltaic (PV) capacity connected to their grids in 2022, an increase of 47 percent compared to 2021. LISBON, May 21 (Xinhua) — European countries have accelerated their green transition by promoting the use…
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US laws to promote homegrown industries will hurt African economies
The Biden administration has stepped up protectionism and industrial policy amid sharp increases financial tensions with China. Legislation passed in 2022 unlocked hundreds of billions of dollars in stimulus subsidies domestic production of renewable energy and electric vehicles, and to support other emissions targets. The legislation is also designed to support homegrown strategic industries such…
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In Finland, more than a fifth of electricity was produced by wind power at the beginning of 2023
The total nominal capacity of the new wind farms is therefore greater than the newly completed third reactor unit of the Eurajoki Olkiluoto nuclear power plant in Satakunta. However, nuclear power plants produce approximately three times more electricity than wind farms of the same nominal capacity, Helsingin Sanomat reminded on Thursday. The 1,600 megawatt reactor…
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Energy consumption will decrease in 2022 as wind and nuclear power reach record levels
The mild weather reduced the need for heating, especially at the beginning of the year. In addition, there was a paper workers’ strike in January-April, which reduced the burning of black liquor, a by-product of the pulp industry, for energy. The effects of Russian aggression also affected energy consumption, and natural gas consumption almost halved…
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Denmark has committed to protecting 30 percent of the world’s nature, but cannot even manage 3 percent of its own
Surely ironic promise?It was therefore with some irony that Denmark joined 194 other countries in signing a pledge at a summit in Canada last year to ensure that 30 percent of the world’s nature must be permanently protected by 2030. ONE cursed history in DR yesterday, with reference to a recent report from the Biodiversity…
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Companies pushing the gas pedal for electric car fleets
A new ranking has outlined the companies leading the charge to commit to electric vehicles and those lagging behind, writes David Ritter. AUSTRALIA’S corporate fleet of passenger cars has a big role to play in driving the electric vehicle (EV) revolution our country needs to reduce greenhouse gas emissions and clean up air pollution in…
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Report: Finland survived the energy crisis well in 2022
According to the report, Finland survived the energy crisis in the top positions with the second lowest electricity price in Europe in 2022. This was primarily due to Finland’s reduced dependence on fossil fuels compared to most European countries. According to Korhonen, the price of electricity is predicted to return to normal levels fastest in…
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NATO negotiations, elections and exciting summer plans: Finland in the world press
Sweden saw the meeting as a step forward despite Turkey’s blockade and objections. “The most important thing today is that we have gathered,” the Swedish negotiator Oscar Stenström told reporters at NATO headquarters in Brussels, Politico reported. Stenström added that the countries have agreed on further meetings. The article also discusses the alliance’s speculation about…
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Offshore wind turbine projects on the rocks
The Danish Energy Agency has suspended 28 wind turbine projects worth billions of kroner. Other energy projects have also been halted due to fears that the “open door” contracting scheme is in breach of EU law. All the projects fall under the so-called ‘open door’ scheme. This allows a company to submit an unsolicited project…
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The war in Ukraine could trigger a land investment rush, as happened during the 2008 financial crisis
The authors provide a detailed analysis of the factors identified as drivers or precursors of the “land races” that occurred in the 21st century – such as the food crisis in times of increased demand for agricultural products, the demand for renewable energy or the need to diversify financial investments – to parallel the current…
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From good intentions to good actions
In September 2020, India and Denmark marked a historic partnership. By launching the first green strategic partnership of its kindthe two countries chose each other as preferred partners to accelerate climate solutions and combine economic growth with ambitious green policies. A good two and a half years later, the good intentions still contain plenty of…
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A significant deposit of rare earth metals found in Finnish Lapland
Permanent magnets are needed in e.g. electric vehicles, wind turbines, solar panels, consumer electronics and the defense industry. “Europe’s goal is to be a carbon-neutral continent by 2050 [rare earth metals] are essential in realizing the green transition. comment Jani KiuruDirector of raw materials at the Finnish Mineral Group. “The transition from fossil fuels to…
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Huge dividend for Ărsted and Novo Nordisk’s shareholders
The shareholders in Ărsted and Novo Nordisk have much to be happy about today, as both companies have decided to issue large dividends following the declaration of record profits. While Ărsted will split DKK 5.7 billion, Novo will distribute DKK 14.8 billion â not bad for shareholders who split DKK 7.5 billion in August last…
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The EU called for increased spending to compete with the US
Leaders of the bloc will meet next month to discuss possible responses to what they see as unfair measures Germany and France have called on the EU to increase support for domestic industry and unleash massive investment to avoid falling behind US companies in light of the US Inflation Reduction Act (IRA), which they say…