Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


Tesco, SEEIT Ink Rooftop Solar INstallation, PPA (Int'l Report)
Tesco
Date: 2019-06-21
In the UK, SDCL Energy Efficiency Income Trust (SEEIT) reports it will install 5 MW of rooftop solar at retail grocery chain Tesco stores across the country.

Under the deal, SEEIT will install, own, and operate up to 5MW of new rooftop solar capacity at Tesco buildings across the UK, with the retailer drawing down the power via a PPA for each site. Renewables developer Kingspan will collaborate on financing, building and operating the sites. Financial terms for the deal were not disclosed.

Tesco is targeting a switch to 100 pct renewable electricity by 2030, as part of its Science-Based Target to reach net zero emissions by 2050. (Source: TESCO, BusinessGreen, 20 June, 2019) Contact: SDCL Energy Efficiency Income Trust, Jonathan Maxwell, CEO, www.sdcleeit.com

More Low-Carbon Energy News Tesco,  Solar,  


Tesco's Energy Efficiency Saves £37Mn (Int'l Report)
Tesco
Date: 2019-05-15
Further to our 4th February report, UK grocery retailer Tesco reports its energy efficiency initiatives have delivered £37 million ($47,609,380) in savings over two years. Company wide, the retailer now procures 58 pct of electricity from renewables (up from 55 pct last year) against a target of 65 pct by 2030 and 100 pct by 2050. Meanwhile, Tesco has reduced carbon emissions by 31 per cent against a 2015/16 baseline. The company also committed to cut emissions 35 pct by 2020, 60 pct by 2025 and 100 pct by 2050, according to the company's annual report. (Source: Tesco, PR, energyst, 14 May, 2019) Contact: Tesco, www.tescoplc.com

More Low-Carbon Energy News Tesco,  Energy Efficiency,  


Tesco Invests €3Mn in Stores' Energy Efficiency Upgrades (Int'l)
Tesco
Date: 2019-02-04
UK supermarket retail chain Tesco Ireland reports it drew nearly €3 million from the Ireland Energy Efficiency National Fund (IEENF) to upgrade heating and lighting systems across seven retail outlets nationwide. The upgrades are expected to cut each out's electric lighting costs by as much as 60 pct.

IEENF provides loan financing to both private and public organizations in order to support the delivery of energy-efficiency improvement programmes. This joint government-private fund allows energy projects to proceed, with the savings generated used to repay the Fund, which generates a margin.

The IEEF is a commercial corporation regulated by the Central Bank of Ireland and primarily funded by private investors with the government holding a minority position. (Source: Tesco, thejournal.ie, Feb., 2019) Contact: Ireland Energy Efficiency National Fund, www.dccae.gov.ie/en; Tesco, www.tescoplc.com

More Low-Carbon Energy News Tesco,  Energy Efficiency,  


UK Retailer Attributes CO2 Cuts to Renewables, Energy Efficiency (Int'l)
Tesco
Date: 2018-05-11
UK-headquartered grocery and retail giant Tesco is reporting a 13 pct drop in carbon emissions in 2017, thanks to an increased reliance on renewable energy and investments in energy efficiency. The company achieved a reduction in net carbon intensity per square foot of retail and distribution floor space of 6 pct year on year, according to a company report.

Tesco's net carbon footprint was 3.42 million tonnes of CO2 equivalent (CO2e) in 2017/18 versus 3.89 million CO2e the prior year.

The company has set targets in line with the Paris Agreement to reduce CO2 emission 35 pct by 2020, 60 pct by 2025 and 100 pct by 2050 versus 2015/16 levels. It also plans to source 65 pct of it electric power requirement from renewables by 2020 and 100 pct by 2030. (Source: Tesco, Energyst, Various Media, 10 May, 2018) Contact: Tesco, www.tescoplc.com

More Low-Carbon Energy News CO2 Emissions,  Tesco,  Energy Efficiency,  


UK Group Calls for Energy Efficiency Enforcement (Ind. Report)
Aldgate Group
Date: 2018-03-14
In the UK, a report from The Aldersgate Group is calling on Government to: stiffen and rigorously enforce commercial energy efficiency regulations such as Esos and MEES; raise commercial building standards; set clear policy goals to help unlock private sector finance; set and meet de-carbonisation targets; look at structural challenges in financing clean infrastructure; and create tax breaks for energy efficiency investment by businesses. The report also calls on government to lead by example and mandate greater energy efficiency across all publicly owned building stock.

Aldergate Group members, including Aviva, BT, Cemex, Ikea, Kingfisher, M&S, Nestle, Sky and Tesco, published recommendations to improve non-domestic energy efficiency.

Download the Aldgate Group energy efficiency recommendations HERE. (Source: Aldergate Group, 12 Mar., 2018) Contact: Aldergate Group, +44 (0) 20 7841 8966, info@aldersgategroup.org.uk, www.alghergategroup.org.uk

More Low-Carbon Energy News Energy Efficiency,  


Biorefining Potential for Scotland -- Report Attached (Int'l)
Zero Waste Scotland
Date: 2017-11-01
In Edinburgh, the Scottish government backed Zero Waste Scotland organization has released its Biorefining Potential for Scotland report which encourages making better use of bio-based waste for fuels and energy production and the crucial role bio-wastes can play in a modern circular economy.

According to the report, Scotland produces 27 million tpy of bio-based materials including everything from coffee grounds, forestry waste, macro algae, brewery wastes and others.

Download the full Biorefining Potential for Scotland Report HERE. (Source: Zero Waste Scotland, Sept., 2017) Contact: Zero Waste Scotland, Lain Gulland, CEO, www.zerowastescotland.org.uk

More Low-Carbon Energy News Bio-waste,  Biofuel,  Bioenergy,  


Energy Efficiency Saves Tesco £200Mn per year (Int'l)
Tesco
Date: 2017-08-14
In the UK, grocery giant Tesco reports it saved approximately £200 million last year through its refrigeration and energy efficiency efforts. According to Carbon Trust estimates, a 20 pct cut in a retailers' energy costs represents the same bottom-line benefit as a 5 pct increase in sales. . (Source; Tesco, Retail Week, Aug., 2017) Contact: Tesco, +44 (0) 11 44 1992 632222, www.tesco.com

More Low-Carbon Energy News Tesco,  Energy Efficiency,  


Grocery Giant Supports COP21 with Renewable Electricity Pledge (Int'l)
Tesco
Date: 2017-05-17
In the UK, grocery giant Tesco has pledged to source all of its global electricity requirements from renewables by 2030 in an effort to meet the climate change targets set at COP21.

To date, Tesco has invested over £700 million in energy efficiency in its stores and distribution centres since 2007, and cut its emissions by 41 pct per square foot of its real estate for annual energy cost savings of approximately £200 million.

Even so, the company acknowledges that more needs to be done to reach its targeted absolute reductions of 35 pct by 2020, 60 pct by 2025 and 100 pct reductions by 2050 compared to 2015 levels. To that end, Tesco intends to source all of its electricity from renewable sources, has signed on to the RE100 initiative, and will push its sustainability practices down the supply chain by encouraging the use of credible science-based targets on a two degree trajectory. Alternatively, suppliers will be asked to achieve absolute emissions reductions of 7 pct by 2020 and 35 pct by 2030. (Source: Tesco, Clean Energy, 15 May, 2017)Contact: Tesco, +44 (0) 11 44 1992 632222, www.tesco.com

More Low-Carbon Energy News Tesco,  CO2,  Carbon Emissions,  Paris Climate Agreement,  Renewable Energy,  


ESB to Fund €10Mn in Irish Energy Efficiency Projects (Int'l)
Smart Energy Services
Date: 2017-04-05
Dublin, Ireland-headquartered ESB Smart Energy Services reports it fund €10 million in energy management and efficiency projects to help large energy users in Ireland reduce their energy costs in 2017. In 2016, Smart Energy Services partnered with 50 Irish and UK companies to help deliver more than €20 million in energy savings. The company aims to achieve €50 million in savings with its partner companies by 2018.

ESB has worked with businesses from a variety of sectors to unlock smarter and more efficient ways of reducing energy costs. Customers include Tesco Ireland, Druids Glen Golf Club, the Dublin Airport Authority and others. (Source: Smart Energy Services, Business World Ireland, 4 April, 2017) Contact: ESB, Smart Energy Services, Jophn Walsh, +353 21 238 6555, esbnetworks@esb.ie, www.esb.ie/being-innovative/smart-energy-services

More Low-Carbon Energy News Smart Energy Services,  ESB,  Energy Efficiency,  Energy Efficiency Funding,  

Showing 1 to 9 of 9.