Earlier this year we interviewed Dr Phillipa Coan, an expert in workplace environmental behavioural change. Dr Coan has a PhD that broadly looked into different strategies for changing employee behaviour to become more environmentally sustainable, while winning a number of national and university awards along the way.
The negative effects of climate change become more obvious and drastic by the year. Climate change does not only increase global temperatures, but it also plays a huge role in weather extremes and natural disasters such as wildfires.
A Purchase Power Agreement (PPA), or electricity power agreement, is a contract between two parties; a seller generating renewable electricity and the buyer looking to purchase it. A PPA contract is the principal agreement that defines the revenue and credit quality of a generating project. This makes it a key instrument of project finance.
Drax power station is based in North Yorkshire, England and is responsible for generating 7% of the UK’s electricity. After implementing a new Biomass Subsidy last year, Drax power station is now also producing electricity through wood pellets rather than solely through burning coal. In fact, half of the coal-fired power station is now used for sustainable biomass and Drax is aiming to become the UK’s largest single-site renewable generator.[1]
At over 160 pages, the government has released one of its most comprehensive energy and environmental publications to date. The full publication can be found at the end of this article.