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20.04.2021 (633 Clicks)

Strabag awarded major Motorway Contract in Poland

• 18.75 km section of the A2 between Siedlce West and Malinowiec
• Contract value: €153 million
• Completion: end of 2024

20.04.2021 (449 Clicks)

Overcoming Obstacles to find Opportunities in Climate Change

Climate change is one of the world’s toughest problems. On one side is how the drivers of greenhouse gas (GHG) emission reductions – whether they’re policy changes, technological advancements, or shifting access to capital – will affect our economic performance. The second is that, if these drivers aren’t successful in delivering the required level of emission reductions, we’re going to have increasingly erratic weather, which can also negatively affect the economy.

To achieve the level of greenhouse gas emission reductions needed to avoid catastrophic change, decisive action must be taken now.

There is overwhelming global consensus among the scientific community that rising global temperatures are directly correlated with increasing GHG emissions in the atmosphere. While many countries have signed the Paris Agreement, committing to limit the global temperature increase to well below 2°C by 2050, and target 1.5°C, current action indicates that we won’t be able to do enough to reverse the physical threat. We can therefore expect to see turbulent, unpredictable weather conditions wreaking havoc in our natural environment and built infrastructure. Delayed attempts to mitigate these events could lead to an abrupt shift away from high-GHG-emitting industries, with a significantly greater negative impact on the economy compared to a planned, gradual shift.

To achieve the level of GHG emission reductions needed to avoid catastrophic change, decisive action must be taken now. While we’re seeing momentum on clean energy technologies, more is required to offset the needs of an expanding global economy and growing population.

Discovering renewable opportunities around the globe

The fight against climate change also presents exciting opportunities for development. Some developing countries are embracing the idea and leading the charge on clean energy technologies. The absence of legacy structures in many developing countries facilitates early adoption of newer, more innovative solutions, as demonstrated by Africa’s global leadership in mobile payment systems. As the world’s richest source of solar, with continent-wide estimates indicating more than 660,000 TWh of electricity potential per year, Africa is well-positioned to do the same for solar PV installation.2

Globally, the demand for energy has grown significantly over the past five decades, influenced by technological advancements clearing the way for new sources of energy.1

Enhancing the environment through social values and collaboration

Corporations can play a crucial role in minimizing their carbon footprint and many are now considering the full value chain of that footprint, incorporating upstream and downstream activities into their strategies. They’ve taken steps to ensure their operating practices, products, and services offer the most value to consumers. But the business case for these positive changes still doesn’t always make sense. Industry leaders have a responsibility to change that by coordinating with all market players, including governments, financiers, and their own industry peers. It can still be a challenge to finance low-carbon energy solutions, due to multiple complex barriers that no one entity can address alone, such as unsupportive policies and regulations. The industry has the will, but more needs to be done to support the way.

Trying to achieve the goal of lower emissions will inevitably result in a prolonged, difficult phase of transition for industries, governments, and communities. As a result, we’re involved in collaborative initiatives across multiple sectors that address specific technical, environmental, social, and financial issues.

As an active participant in the United Nations’ Sustainable Development Goals—seventeen goals related to, among other things, climate change and sustainability progress by 2030 – we’re aligning our projects to support advancing these goals. To achieve our global commitments, we’ll need to collaborate more than ever before. Collectively, we can reach the intended milestones towards becoming a fully sustainable world by 2050.

Sources

1 Canada’s Energy Transition: An Energy Market Assessment, National Energy Board, 2019.
2 IEA (2019), Africa Energy Outlook 2019, LINK

Source: Susan McGeachie, Hatch

Susan is a renowned expert in climate finance. As Hatch’s global director of Strategy & Policy, Climate Change and Sustainability, she supports clients with strategies to maximize positive social and environmental impacts of projects, investments and other activities.

                     

19.04.2021 (460 Clicks)

LKAB: Tests for heavier Transports on the Ore Railway

Trafikverket (the Swedish Transport Administration), together with LKAB and Bane Nor, is conducting tests on the Swedish and Norwegian sections of the Ore Railway to enable heavier transports in future. Therefore, the axle load for ore cars is being increased from 30 tonnes to 31 tonnes.

19.04.2021 (633 Clicks)

Petropavlovsk announces the Appointment of Mr. Mikhail Irzhevsky as a Director

The board of directors of Petropavlovsk PLC announces the appointment of Mr. Mikhail Irzhevsky as an independent non-executive director with effect from 16 April 2021.

16.04.2021 (669 Clicks)

H.C. Starck Tungsten Powders develops new Technology to recycle Cobalt

Innovation project subsidized by the German state of Lower Saxony

16.04.2021 (441 Clicks)

Fugro’s Vulnerability Assessment informs Port of San Francisco’s safe and sustainable Future

Fugro has completed a geotechnical site characterisation, earthquake hazard and geotechnical vulnerability assessment for the Port of San Francisco’s multi-year, multi-billion dollar Waterfront Resilience Program. The work was conducted over a period of 3 years as part of a multi-hazard risk assessment (MHRA) to identify immediate and long-term hazards, such as those associated with earthquakes, flooding and sea-level rise. As the port’s lead geotechnical engineer for future programme phases, Fugro will use the MHRA inputs to develop and design optimal retrofit solutions for the port’s ageing seawall.

15.04.2021 (411 Clicks)

How can the EU ensure its Green Deal is a Real Deal for Nature and People?

As the EU looks forward to the recovery from Covid 19, so too must it look to ensuring full alignment of all policies with the European Green Deal. But it is not all down to the EU Commission, the Member States must rise to the challenge to achieve a truly green recovery.

15.04.2021 (846 Clicks)

L.A. Metro Board awards Sepulveda Transit Corridor Partners

• Bechtel innovative pre-development contract to create rail transit solution for one of the Nation’s most congested freeway corridors
• $69.9 million contract to advance high-speed, high-capacity rail proposal to connect San Fernando Valley to West Los Angeles & relieve I-405

14.04.2021 (523 Clicks)

Eiffage and Kier receive Notice to proceed for HS2, with their new partners, Ferrovial Agroman and BAM Nuttall

Eiffage and Kier receive Notice to Proceed for HS2, with their new partners, Ferrovial Agroman and BAM Nuttall

The Eiffage Kier joint venture, recently joined by two new partners Ferrovial Agroman and BAM Nuttall, is pleased that, it has received Notice to Proceed (NTP) from HS2 Limited, enabling it to commence the full detailed design and construction of 80km of Phase 1 of the HS2 railway (the route from London – Birmingham).

13.04.2021 (505 Clicks)

China Huaneng Group and Glencore sign MOU on CCUS Project

On 10 April at the 6th China International Conference on CO2 Capture Utilization and Storage, China Huaneng Group Clean Energy Research Institute Co., Ltd. and Carbon Capture Transport and Storage Company of Glencore have signed a Memorandum of Understanding (MOU) for the cooperation on carbon capture utilisation and storage (CCUS) technology, commencing with the CTSCo Project in Millmerran power station in Australia.