RWE npower to reduce CO2 levels by a third
Andrew Duff, chief executive of UK Utility RWE npower, has stated that the company is in the process of reducing its carbon emissions by a third, by phasing out its coal-fired power stations and replacing them with a series of low-carbon generation facilities.
The company has just signed a deal with Alstom to construct a combined cycle gas turbine power station in West Wales by 2008. This project will add to the construction of a 1650MW gas power station, four onshore wind farms and an offshore
More on Carbon
Interview: Abaxx’s Joe Raia on LNG, Corsia and wind contracts
Abaxx’s Joe Raia talks to Energy Risk at E-World 2026 about the performance of its LNG and Corsia contracts and its latest wind contracts
Uncertainty causes rethink on clean energy investment
Waning enthusiasm for net-zero pledges, environmental policy shifts, funding cuts and US tariffs are causing clean energy investors to retreat
Emissions house of the year: Grey Epoch
Energy Risk Awards 2025: Carbon trader meets clients’ increasing needs through deep expertise and ability to warehouse risk
Environmental products house of the year: Marex
Energy Risk Awards 2025: Marex Environmental spans firm to give all clients access to green markets
Market-maker/liquidity provider of the year: OTC Flow
Energy Risk Awards 2025: Environmental trader and broker furthers liquidity provision with new presence on exchange
Commodity trade finance house of the year: Tramontana
Energy Risk Awards 2025: Investment firm creates unique carbon trade finance vehicles enabling long-term hedging while developing carbon market liquidity
Voluntary carbon markets house of the year: SCB Environmental Markets
Energy Risk Awards 2025: Environmental specialist amplifies its commitment to the VCM
Green knights? Banks step into struggling carbon credit markets
Clearer global standards and a new exchange may attract dealer entry, but supply and demand challenges remain