Science / Environment / Energy

This Market Business News category includes all of our articles that are related to science or the environment. This includes research projects in science and events that have an impact on the environment (be it beneficial or detrimental). This page is where you will find information on what is happening in the renewable energy industry, news to do with the electric or hybrid vehicle market, and information about electricity consumption, etc.

EU Commission

£24.5bn Hinkley Point nuclear power plant gets EU green light

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The European Commission gave the green light on Wednesday to the UK’s £24.5 billion ($39.36 billion) nuclear power plant project at Hinkley Point near...
Senator John Hoeven (N-DK)

EPA has gone too far with water rule, says Senator John Hoeven

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Senator John Hoeven said the Environmental Protection Agency (EPA) and the Army Corps Engineers have gone too far with their new Waters of the...
Mr. Shri Piyush Goyal

India announces offshore wind power project

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India’s first offshore wind power project has been announced by the federal government. The 100-megawatt project will be built off the coast of Gujarat,...
IEA

Solar power will dominate electricity production by 2050

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Energy from the Sun, i.e. solar power, will be the dominant source of electrical energy by 2050, says the International Energy Agency (IEA) in...
PV Solar Panels

Solar panel awards worth $94m across New York State

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Solar panel awards worth $94 million were announced by Andrew M. Cuomo, the Governor of New York State. The NY-Sun awards are aimed at...
carbon emissions

Countries make pledges to tackle climate change at the UN Summit

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On Tuesday leaders from around the world gathered to try and tackle the growing concerns of climate change. World leaders have promised to try...
Electricity

Reducing electricity bills with people power

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Reducing electricity bills is more effective if consumers join forces when negotiating better deals. If large groups of consumers switch energy suppliers, they tend...
General Electric Alstom offer approved

General Electric Alstom offer approved by board and French government

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The General Electric Alstom offer was unanimously approved by the Alstom board to buy the French company’s Power and Grid businesses. If approved by...

Siemens Mitsubishi Alstom bid increased, GE’s altered

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The Siemens Mitsubishi Alstom bid has been sweetened, with the cash component of Siemen’s and Mitsubishi’s offer increased by €1.2 billion to €8.2 billion...
BP Chinese multimillion dollar deal

BP Chinese multibillion dollar deal agreed

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A BP Chinese multibillion dollar deal to supply liquefied natural gas (LNG) to China National Offshore Oil Corporation (CNOOC) has been agreed. BP is...