Renewables
EDF Energy to cut CO2 emissions by up to 60%
UK utility EDF Energy, part of the EDF Group, has committed to reduce the carbon intensity of its electricity generation activities by 60% by 2020, in part by building new nuclear capacity.
JP Morgan establishes alternative energy group
Investment bank JP Morgan has established an alternative energy investment banking group, bolstering its efforts to capitalize on the current growth of environmentally friendly technologies.
Asian Development Bank launches carbon fund
The Asian Development Bank (ADB) has launched a fund to provide capital to buy carbon credits at the outset of clean energy projects, after commitments from participants exceeded the $80 million needed for launch.
Hans-Bernd Menzel
Oliver Holtaway talks to Hans-Bernd Menzel about politicians, leadership and mountain-biking
Towers Perrin
Advisory Firm of the Year
Morgan Stanley
US Electricity House of the Year
Swiss Re closes European Clean Energy Fund
Global reinsurer Swiss Re has announced the successful close of the European Clean Energy Fund, one of the largest funds of this type in Europe.
Impact of ethanol
Increased demand for ethanol in the US has led to predictions that biofuels will have a 30% share of global energy demand by 2030, writes Eric Fishhaut
Nymex partners Ardour for alternative energy index futures and options
The New York Mercantile Exchange (Nymex) has signed an agreement with Ardour Global Indexes, a developer of benchmark indexes for the global alternative energy industry, to introduce alternative energy index futures and options contracts.
Juice Energy secures investment
Recently formed US power retailer Juice Energy has announced that it has secured significant capital commitments from a high-calibre group of investors.
TXU agrees to record $45 billion buyout
The board of TXU Corp, the Dallas-based energy company, has agreed to a $45 billion takeover by private equity firms Kohlberg Kravis Roberts, Texas Pacific Group and Goldman Sachs, the investment bank.