Daily Archives: 5, December 2024

NWO Drives Collaboration in Dutch Earth and Environmental Sciences with Launch of EES White Paper

(IN BRIEF) The NWO Round Table Earth and Environmental Sciences has launched the White Paper on Earth and Environmental Sciences (EES) to strengthen collaboration and coherence within the Dutch EES research community. The document outlines key activities, networks, and integration … Read the full press release

Swiss Re Reports 2024 Insured Losses from Natural Catastrophes Exceeding USD 135 Billion

(IN BRIEF) Global insured losses from natural catastrophes in 2024 are projected to exceed USD 135 billion, marking the fifth consecutive year such losses have surpassed USD 100 billion, according to Swiss Re Institute. Hurricanes Helene and Milton caused nearly … Read the full press release

ORLEN Joins Poland’s Great Orchestra of Christmas Charity to Support Paediatric Cancer Care

(IN BRIEF) ORLEN has announced its participation in the 33rd Finale of Poland’s Great Orchestra of Christmas Charity (WOŚP) on January 26, 2025, to support paediatric oncology and haematology wards. The fundraiser aims to purchase advanced diagnostic equipment for 18 … Read the full press release

“AI Bubble” Named Stock Market Taboo Phrase of 2024 Amid Soaring Valuations and Investor Concerns

(IN BRIEF) The Austrian financial community has named “AI bubble” as the stock market taboo phrase of 2024, reflecting concerns over the rapid rise in valuations of companies linked to artificial intelligence (AI). While some warn that the high costs … Read the full press release

TenneT Leads Efforts to Address Grid Congestion in South Holland Amid Surging Electricity Demand

(IN BRIEF) TenneT, the high-voltage grid operator, announced that South Holland’s electricity grid has reached capacity for large consumers due to rising demand from heat pumps, EV charging stations, and industrial transitions to electricity. New applications for connections exceeding 3×80 … Read the full press release

Covestro Leads the Way in Recruitment with Salary Transparency

(IN BRIEF) Covestro is leading the way in salary transparency by disclosing salary ranges for all job advertisements in Germany, aligning early with the EU Pay Transparency Directive set to take effect in 2026. This initiative aims to foster trust, … Read the full press release

DNV Highlights Strategies to Reduce Compliance Costs Under FuelEU Maritime Regulations

(IN BRIEF) DNV’s latest white paper provides shipowners with strategies to navigate the FuelEU Maritime regulations taking effect in January 2025, which mandate strict GHG emission intensity limits for ships over 5,000 GT in the EU/EEA. The rules account for … Read the full press release

50Hertz Strengthens Grid Stability with STATCOM Technology for Renewable Energy Integration

(IN BRIEF) 50Hertz is advancing Germany’s energy transition with the installation of STATCOM systems across its grid to enhance voltage and frequency stability amid increasing renewable energy integration. New systems from GE Vernova and Nidec Conversion will be deployed at … Read the full press release

Eckert & Ziegler and Ariceum Therapeutics Forge Global Supply Agreement for Critical Medical Radionuclides

(IN BRIEF) Eckert & Ziegler and Ariceum Therapeutics have signed a global supply agreement for critical medical radionuclides Actinium-225 (Ac-225) and Lutetium-177 (Lu-177). The radionuclides will be used in Ariceum’s lead radiopharmaceutical drug, satoreotide, targeting hard-to-treat cancers such as small … Read the full press release

KION Group Secures SBTi Validation for Ambitious Net-Zero Climate Goals

(IN BRIEF) KION GROUP AG’s climate targets have been validated by the Science Based Targets initiative (SBTi), marking a critical milestone in its sustainability strategy. The company aims to achieve net-zero greenhouse gas emissions across its value chain by 2050, … Read the full press release

GEA’s Cutting-Edge Technology Powers POSCO Group’s Ambitions with New Lithium Hydroxide Plant in Argentina

(IN BRIEF) GEA’s advanced evaporation and crystallization technology is central to POSCO Group’s new $1 billion lithium hydroxide (LHM) plant in Güemes, Argentina, which was inaugurated in October 2024. The plant, capable of producing 25,000 tons of lithium hydroxide annually—enough … Read the full press release

Equinor and Shell Unite to Secure UK Energy Future with Largest Independent North Sea Producer

(IN BRIEF) Equinor UK and Shell UK are joining forces to create the largest independent energy producer in the UK North Sea, combining their offshore oil and gas portfolios into a new joint venture. The company, equally owned by both … Read the full press release

Rising Housing Costs and Energy Efficiency Dominate Barclays Property Insights Report

(IN BRIEF) Barclays’ Property Insights Report reveals an 8.2% year-on-year rise in rent and mortgage costs in November, driven by homeowners transitioning to higher interest rates. Energy efficiency improvements, such as insulation and solar panels, are a priority for a … Read the full press release

Zurich Highlights Rising Climate and AI Risks in G20 Business Survey by WEF

(IN BRIEF) Zurich Insurance Group, a strategic partner of the World Economic Forum, has contributed to the Executive Opinion Survey, which highlights top risks for G20 business leaders. Economic challenges such as downturns, labor shortages, and inflation remain dominant concerns, … Read the full press release

Hacktivists and Cyber Threats Take Center Stage in Security Navigator 2025 Report by Orange Cyberdefense

(IN BRIEF) Orange Cyberdefense’s Security Navigator 2025 report highlights the intensifying cyber threat landscape, driven by geopolitical tensions, rising hacktivism, and the dual-edged role of AI. A pro-Russian hacktivist group has launched over 6,600 attacks since 2022, primarily targeting Europe … Read the full press release