Latest news with #carbonNeutral
Forbes
11 hours ago
- Business
- Forbes
Industry Energy Demand And Costs Keep Growing. Clean Energy Can Help.
A sector in a heating plant, containing a system of boilers and pipes. When New Belgium Brewing in Colorado committed to being carbon neutral by 2030, the company needed to change how it made its beer. The process of making beer requires a lot of steam, which is usually made by burning natural gas, exposing brewers to volatile price spikes. Fortunately, New Belgium found a solution with AtmosZero, a company specializing in industrial electric boilers which swap out expensive and dirty fossil fuels for clean electrons with stable prices. Industry – everything from making steel and cement to chemicals and beer – is the world's largest energy consumer, and its energy demand has soared 70% since 2000. To help protect against price volatility and cut climate pollution, industries around the world are embracing electric technologies in lieu of burning fossil fuels —also called industrial electrification—to create truly cleaner products. That's critical for manufacturers looking to succeed: Industrial producers won't remain competitive in a global marketplace that increasingly values clean products, so countries and companies that don't evolve will get left behind by those who do. Until recently, cutting industrial emissions was considered difficult because of the sector's reliance on burning fossil fuels for various processes. Fortunately, all-electric technologies—many already commercially available and ready to deploy at scale—can meet industry's heat needs without compromising performance, while providing secondary benefits including cleaner air, a stable climate, and improved worker health. Electric technologies are to poised power the next industrial revolution, but overcoming all barriers to industrial electrification requires policy leadership and industry's embrace of technological innovation. Electrifying industrial heat is the next step in manufacturing innovation Industry is integral to our daily lives, economic health, and quality of life. The industrial sector produces nearly everything in our lives—from beverages and food to paper products and plastics, and even electric vehicles and solar panels. Manufacturing uses enormous amounts of fossil fuels to create those products, making industry the largest energy consumer in the world and responsible for a third of greenhouse gas emissions. These energy demands fall into three primary categories: Process uses account for 84% of industrial non-feedstock fossil fuel use globally, and each industrial subsector requires different temperatures for their bespoke processes. Percentage of industrial process heat demand by temperature range in the European Union in 2012 Today, industries rely on burning large volumes of fossil fuels to achieve these temperatures. Subindustries within the global industrial sector and their non-feedstock energy use in 2020 Fortunately, many untapped opportunities exist to reduce industrial energy demands by improving the overall efficiency of industrial operations. This can be done through energy and material efficiency measures, as well as reducing demand for new products. However, sizable industrial heat needs require scalable technology solutions to mitigate the sector's outsized impact on climate change and air pollution. Fortunately, viable technologies and policy solutions are primed to tackle this challenge. Powering industrial heat with electric technologies and a clean grid Because electricity can be generated from carbon-free resources—like solar, wind, batteries, and geothermal—swapping electric technologies for burning fossil fuels can reduce and ultimately displace emissions. Though no one-size-fits-all solution exists for industrial heat, electrified technologies can meet nearly all industrial heating demands, including industrial heat pumps, electric boilers, thermal batteries, electric arc or induction furnaces, electric resistance heating, dielectric (radio or microwave) heating, and infrared heating. Industrial electrified heating technologies and their temperature ranges However, shifting industrial processes from dirty fuels to clean electrons requires overcoming three primary categories of barriers—economics, grid readiness, and technology maturity and awareness—with a suite of policy solutions. Primary barriers to industrial electrification and policy solutions to overcome them Electrification can deliver many long-term economic, environmental, and societal benefits, but the higher cost of electricity relative to fossil fuels in many places and the capital expenditures needed to switch to electric technologies can be a deterrent to change. In addition, the costs to connect to the grid can add expenses. Policymakers can pursue a combination of incentives to increase deployment of renewable and carbon-free electricity and create incentives to encourage clean industry and electrification. Creative financing tools will help fill market gaps, and clean heat emissions standards will help level the playing field for industrial electrification technologies, allowing them to compete with fossil fuel alternatives. Widespread industrial electrification will also require a robust and reliable electricity grid capable of supporting more demand. New capacity additions must be carbon-free, alongside new transmission and distribution infrastructure. Slow and costly interconnection processes and outmoded grid planning can prevent meaningful progress. In order to overcome grid readiness barriers, policymakers should pursue greater energy efficiency as well as flexible industrial demand. This combined with interconnection and grid planning reforms that can reduce demand on the grid, while also reducing the costs for other ratepayers. Finally, many electric technologies have been commercially available and in use in specific applications for decades, but not all have been deployed at scale or applied to traditionally fossil-fueled industrial processes. Industries, the workforce, and investors need experience with these technologies to gain confidence in industrial electrification. Government officials should support foundational research development and demonstration policies to ensure continued technology evolution and support for projects that yield cost and performance improvements across different geographies and jurisdictions. Workforce training and education programs are also necessary to attract, train, and support the people charged with their effective deployment and maintenance. Policy solutions for industrial electrification Catalyzing industrial electrification today No one-size-fits-all policy package exists to electrify the industrial sector, and each sub-industry and jurisdiction faces unique challenges and priorities. Overcoming all barriers to industrial electrification can help government officials revitalize and modernize their region's industrial base—one that is cleaner, more economically competitive, and aligned with a stable climate future.
Associated Press
7 days ago
- Business
- Associated Press
ST Telemedia Global Data Centres Achieves over 78% Renewable Energy Usage Across the Group
SINGAPORE - Media OutReach Newswire - 16 June 2025 - ST Telemedia Global Data Centres (STT GDC), a leading data centre service provider headquartered in Singapore, today published its 2024 Environmental, Social and Governance (ESG) report. The report details progress toward STT GDC's ESG targets, as well as its three main ESG pillars – carbon-neutral data centre operations by 2030; a safe, secure, diverse and inclusive workplace; and ethical & responsible business. With the growing demand for digital infrastructure, sustainability has become a critical priority for organisations worldwide. Bruno Lopez, President and Group Chief Executive Officer, ST Telemedia Global Data Centres, says, 'As the digital economy accelerates, our responsibility as infrastructure providers extends beyond simply supporting growth; we must lead with purpose and innovation. In 2024, STT GDC made remarkable progress on our sustainability journey, from securing S$500 million in sustainability-linked financing to implementing initiatives such as AI-driven cooling optimisation and pioneering the use of hydrotreated vegetable oil in Singapore. These achievements reflect our unwavering commitment to achieving carbon neutrality by 2030 while delivering the resilient, efficient infrastructure that powers our digital world. Sustainability is not just a corporate objective for us—it is the foundation upon which we are building the future of digital infrastructure.' 2024 ESG Report Highlights STT GDC's ESG strategy is rooted in the belief that sustainable practices are fundamental to the future of the data centre industry. In STT GDC's annual ESG report, we measure the Group's progress toward achieving net carbon-neutral data centre operations by 2030. Notable achievements in our sustainability journey in 2024 include: Environmental Impact: Social Impact: Responsible Business Practices: STT GDC's ESG Report is based on a full year's data from 1 January to 31 December 2024, focusing primarily on STT GDC's operating entities (data centres and offices) during the year. Hashtag: #STTGDC #EnablingOurDigitalFuture The issuer is solely responsible for the content of this announcement. About ST Telemedia Global Data Centres ST Telemedia Global Data Centres (STT GDC) is one of the fastest-growing data centre providers with a global platform serving as a cornerstone of the digital ecosystem that helps the world to connect. Powering a sustainable digital future, STT GDC operates across Singapore, the UK, Germany, Italy, India, Thailand, South Korea, Indonesia, Japan, the Philippines, Malaysia and Vietnam, providing businesses an exceptional foundation that is built for their growth anywhere. For more information, visit
Zawya
7 days ago
- Business
- Zawya
ST Telemedia Global Data Centres Achieves over 78% Renewable Energy Usage Across the Group
SINGAPORE - Media OutReach Newswire - 16 June 2025 - ST Telemedia Global Data Centres (STT GDC), a leading data centre service provider headquartered in Singapore, today published its 2024 Environmental, Social and Governance (ESG) report. The report details progress toward STT GDC's ESG targets, as well as its three main ESG pillars – carbon-neutral data centre operations by 2030; a safe, secure, diverse and inclusive workplace; and ethical & responsible business. With the growing demand for digital infrastructure, sustainability has become a critical priority for organisations worldwide. Bruno Lopez, President and Group Chief Executive Officer, ST Telemedia Global Data Centres, says, "As the digital economy accelerates, our responsibility as infrastructure providers extends beyond simply supporting growth; we must lead with purpose and innovation. In 2024, STT GDC made remarkable progress on our sustainability journey, from securing S$500 million in sustainability-linked financing to implementing initiatives such as AI-driven cooling optimisation and pioneering the use of hydrotreated vegetable oil in Singapore. These achievements reflect our unwavering commitment to achieving carbon neutrality by 2030 while delivering the resilient, efficient infrastructure that powers our digital world. Sustainability is not just a corporate objective for us—it is the foundation upon which we are building the future of digital infrastructure." 2024 ESG Report Highlights STT GDC's ESG strategy is rooted in the belief that sustainable practices are fundamental to the future of the data centre industry. In STT GDC's annual ESG report, we measure the Group's progress toward achieving net carbon-neutral data centre operations by 2030. Notable achievements in our sustainability journey in 2024 include: Achieved 78.5% renewable energy usage, ahead of our targets. Achieved a 22.9% year-on-year reduction in carbon emissions across the group in 2024, progressing towards the goal of carbon neutral data centre operations by 2030. Issued S$500 million of Sustainability- Linked Perpetual (SLP) securities: Our maiden perpetual securities issuance is the first-ever Singapore dollar denominated SLP, the first public benchmark SLP in Asia and the first public SLP by a data centre company globally, underscoring our commitment to sustainable finance. Enhanced Sustainability-Linked Financing Framework: We have expanded and enhanced our Sustainability-Linked Financing Framework, setting even more ambitious targets that reinforce our commitment to achieving higher ESG performance standards. These include increasing the use of renewable energy to 85% by 2028 and achieving a 70% reduction in carbon intensity from a 2021 baseline by 2028. First data centre operator in Singapore to deploy HVO for backup generators: We announced deployment of HVO as a sustainable fuel for our backup generators across our facilities in Singapore. This pioneering move underscores our commitment to reducing carbon emissions and enhancing the sustainability of our operations, setting a new benchmark for greener energy solutions within the industry. First data centre operator in Asia to pilot AI-based autonomous control system for optimising data centre cooling in STT GDC's facilities in Singapore, setting a unique precedent by testing the technology in a hybrid cooling environment that is technically more challenging than traditional air-cooled data centres. Environmental Impact: Achieved an 66.2% reduction in carbon intensity, from the 2021 baseline. Improved power usage effectiveness (PUE) by 11.2% from the 2020 baseline. Realised a 34.5% improvement in water usage effectiveness (WUE) from 2020 baseline. Social Impact: Achieved zero work-related serious injuries or fatalities since 2020, with a Total Recordable Incident Rate (TRIR) of 0.1 earned across more than 25 million hours worked in our construction and operations program. In 2024, the following STT GDC offices received the Great Place to Work certification: India, for the fifth consecutive year; Singapore, for the second consecutive year; and Indonesia, for the first time. Invested an average of 23.5 training hours per employee in the growth and development of our workforce, ensuring that by equipping our employees with the latest skills and knowledge, they remain at the forefront of industry advancements and emerging technological trends. In 2024, our team at STT GDC Indonesia partnered with a local conservation enabler to plant 1,000 mangrove trees at Dusun Tangkolak, Karawang, West Java. Mangrove trees are essential for protecting coastal communities, boosting biodiversity and playing a crucial role in combating climate change. Responsible Business Practices: STT GDC is committed to the highest standards of business ethics. Corporate integrity and responsible business practices govern the Group's values and culture, including: A zero-tolerance policy on bribery, kickbacks, and corruption. A requirement that all persons acting on behalf of STT GDC must conduct all business activities in compliance with its policies and applicable anti-corruption laws. 100% of employees have received anti-corruption training, with zero incidents of corruption. STT GDC's ESG Report is based on a full year's data from 1 January to 31 December 2024, focusing primarily on STT GDC's operating entities (data centres and offices) during the year. Hashtag: #STTGDC #EnablingOurDigitalFuture The issuer is solely responsible for the content of this announcement. About ST Telemedia Global Data Centres ST Telemedia Global Data Centres (STT GDC) is one of the fastest-growing data centre providers with a global platform serving as a cornerstone of the digital ecosystem that helps the world to connect. Powering a sustainable digital future, STT GDC operates across Singapore, the UK, Germany, Italy, India, Thailand, South Korea, Indonesia, Japan, the Philippines, Malaysia and Vietnam, providing businesses an exceptional foundation that is built for their growth anywhere. For more information, visit ST Telemedia Global Data Centres
Malay Mail
7 days ago
- Business
- Malay Mail
ST Telemedia Global Data Centres Achieves over 78% Renewable Energy Usage Across the Group
Achieved 78.5% renewable energy usage , ahead of our targets. , ahead of our targets. Achieved a 22.9% year-on-year reduction in carbon emissions across the group in 2024, progressing towards the goal of carbon neutral data centre operations by 2030. across the group in 2024, progressing towards the goal of carbon neutral data centre operations by 2030. Issued S$500 million of Sustainability- Linked Perpetual (SLP) securities : Our maiden perpetual securities issuance is the first-ever Singapore dollar denominated SLP, the first public benchmark SLP in Asia and the first public SLP by a data centre company globally, underscoring our commitment to sustainable finance. : Our maiden perpetual securities issuance is the first-ever Singapore dollar denominated SLP, the first public benchmark SLP in Asia and the first public SLP by a data centre company globally, underscoring our commitment to sustainable finance. Enhanced Sustainability-Linked Financing Framework : We have expanded and enhanced our Sustainability-Linked Financing Framework, setting even more ambitious targets that reinforce our commitment to achieving higher ESG performance standards. These include increasing the use of renewable energy to 85% by 2028 and achieving a 70% reduction in carbon intensity from a 2021 baseline by 2028. : We have expanded and enhanced our Sustainability-Linked Financing Framework, setting even more ambitious targets that reinforce our commitment to achieving higher ESG performance standards. These include increasing the use of renewable energy to 85% by 2028 and achieving a 70% reduction in carbon intensity from a 2021 baseline by 2028. First data centre operator in Singapore to deploy HVO for backup generators : We announced deployment of HVO as a sustainable fuel for our backup generators across our facilities in Singapore. This pioneering move underscores our commitment to reducing carbon emissions and enhancing the sustainability of our operations, setting a new benchmark for greener energy solutions within the industry. : We announced deployment of HVO as a sustainable fuel for our backup generators across our facilities in Singapore. This pioneering move underscores our commitment to reducing carbon emissions and enhancing the sustainability of our operations, setting a new benchmark for greener energy solutions within the industry. First data centre operator in Asia to pilot AI-based autonomous control system for optimising data centre cooling in STT GDC's facilities in Singapore, setting a unique precedent by testing the technology in a hybrid cooling environment that is technically more challenging than traditional air-cooled data centres. Achieved an 66.2% reduction in carbon intensity , from the 2021 baseline. , from the 2021 baseline. Improved power usage effectiveness (PUE) by 11.2% from the 2020 baseline. (PUE) from the 2020 baseline. Realised a 34.5% improvement in water usage effectiveness (WUE) from 2020 baseline. Achieved zero work-related serious injuries or fatalities since 2020, with a Total Recordable Incident Rate (TRIR) of 0.1 earned across more than 25 million hours worked in our construction and operations program. since 2020, with a earned across more than 25 million hours worked in our construction and operations program. In 2024, the following STT GDC offices received the Great Place to Work certification: India , for the fifth consecutive year; Singapore , for the second consecutive year; and Indonesia , for the first time. certification: , for the fifth consecutive year; , for the second consecutive year; and , for the first time. Invested an average of 23.5 training hours per employee in the growth and development of our workforce, ensuring that by equipping our employees with the latest skills and knowledge, they remain at the forefront of industry advancements and emerging technological trends. In 2024, our team at STT GDC Indonesia partnered with a local conservation enabler to plant 1,000 mangrove trees at Dusun Tangkolak, Karawang, West Java. Mangrove trees are essential for protecting coastal communities, boosting biodiversity and playing a crucial role in combating climate change. STT GDC is committed to the highest standards of business ethics. Corporate integrity and responsible business practices govern the Group's values and culture, including: A zero-tolerance policy on bribery, kickbacks, and corruption. A requirement that all persons acting on behalf of STT GDC must conduct all business activities in compliance with its policies and applicable anti-corruption laws. 100% of employees have received anti-corruption training, with zero incidents of corruption. SINGAPORE - Media OutReach Newswire - 16 June 2025 - ST Telemedia Global Data Centres (STT GDC), a leading data centre service provider headquartered in Singapore, today published its 2024 Environmental, Social and Governance (ESG) report . The report details progress toward STT GDC's ESG targets, as well as its three main ESG pillars – carbon-neutral data centre operations by 2030; a safe, secure, diverse and inclusive workplace; and ethical & responsible the growing demand for digital infrastructure, sustainability has become a critical priority for organisations worldwide., says, "As the digital economy accelerates, our responsibility as infrastructure providers extends beyond simply supporting growth; we must lead with purpose and innovation. In 2024, STT GDC made remarkable progress on our sustainability journey, from securing S$500 million in sustainability-linked financing to implementing initiatives such as AI-driven cooling optimisation and pioneering the use of hydrotreated vegetable oil in Singapore. These achievements reflect our unwavering commitment to achieving carbon neutrality by 2030 while delivering the resilient, efficient infrastructure that powers our digital world. Sustainability is not just a corporate objective for us—it is the foundation upon which we are building the future of digital infrastructure."STT GDC's ESG strategy is rooted in the belief that sustainable practices are fundamental to the future of the data centre industry. In STT GDC's annual ESG report, we measure the Group's progress toward achieving net carbon-neutral data centre operations by 2030. Notable achievements in our sustainability journey in 2024 include:STT GDC's ESG Report is based on a full year's data from 1 January to 31 December 2024, focusing primarily on STT GDC's operating entities (data centres and offices) during the #STTGDC #EnablingOurDigitalFuture The issuer is solely responsible for the content of this announcement. About ST Telemedia Global Data Centres ST Telemedia Global Data Centres (STT GDC) is one of the fastest-growing data centre providers with a global platform serving as a cornerstone of the digital ecosystem that helps the world to connect. Powering a sustainable digital future, STT GDC operates across Singapore, the UK, Germany, Italy, India, Thailand, South Korea, Indonesia, Japan, the Philippines, Malaysia and Vietnam, providing businesses an exceptional foundation that is built for their growth anywhere. For more information, visit .
Reuters
26-05-2025
- Business
- Reuters
XY Miners Launches Renewable Energy-Powered Cloud Mining Model, Aiming to Become the World's First Carbon-Neutral Crypto Mining Platform
LONDON, United Kingdom, May 23, 2025 (EZ Newswire) -- XY Miners, opens new tab, a leading global cloud mining platform, today announced the launch of its next-generation mining infrastructure powered entirely by renewable energy. This major milestone positions XY Miners as a pioneer in building the first fully carbon-neutral crypto mining ecosystem, integrating environmental responsibility with digital asset innovation. The company's mining operations now run entirely on solar, hydro, and wind power across data centers located in energy-stable regions including Northern Europe, Southeast Asia, and Canada. This sustainable shift enables users worldwide to participate in crypto mining with zero hardware setup, reduced costs, and no environmental compromise. 'Sustainable innovation is not optional — it's a necessity,' said Ewen Emmerson, CEO of XY Miners. 'We're committed to building a mining platform that is transparent, legally compliant, and environmentally responsible.' Get Started with XY Miners Getting started with XY Miners is easy — just follow these steps: XY Miners Core Advantages Core advantages of XY Miners platform include: A Sustainable Path for Crypto Mining According to data from the International Energy Agency (IEA), traditional crypto mining consumes more electricity annually than many small nations. XY Miners is addressing this challenge head-on by aligning its operations with ESG principles. 'Crypto mining must evolve to support both growth and sustainability,' added David Brian Pegler, Global Strategy Director at XY Miners. 'We believe that profitability and environmental responsibility are not mutually exclusive—they are the future of this industry.' About XY Miners XY Miners is a London-based cloud mining platform focused on delivering secure, sustainable, and user-friendly crypto mining services to global investors. By integrating renewable energy infrastructure and automation, the company is redefining how digital assets are mined in the era of green finance. For more information, visit The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Cryptocurrency mining and staking involve risk. There is potential for loss of funds. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Media Contact David Brian ### SOURCE: XY Miners Copyright 2025 EZ Newswire See release on EZ Newswire
