Zurich longevity swap to cover £2bn National Grid pension liabilities

It will protect the grid operator against the risk of rising costs as a result of 6,000 pensioners and future dependent members living longer than expected

German state gets €100m to go green

A European bank has invested €100 million (£85.8m) in German sustainability. Zurich Germany is to provide funding for the state of North Rhine-Westphalia to help improve sustainability research, public transport, climate protection and sustainable development in cities. It also aims to progress the region’s green energy transition and improve the protection of its natural resources. The […]

Swiss CO2 capture plant to help grow vegetables

A commercial-scale plant which captures CO2 will be built in Switzerland, with the greenhouse gas to be used to improve vegetable growth. It will be operated by Zurich-based Climeworks, a spin-off company from the Swiss Federal Institute of Technology in Zurich (ETH Zurich). It will use a so-called Direct Air Capture (DAC) technology, which relies on a novel filter to extract […]

“Electronic blood” will fuel and cool computers of the future

IBM has unveiled a prototype of a new computer (pictured) powered by what it describes as “electronic blood”. It’s hoped it could lead to more energy efficient computers in the future. The team working on the project in Zurich took inspiration from the human brain, which is both smaller and more powerful than any of […]

Different sectors in energy industry must collaborate

It is important for people in the energy industry to get involved with those in different sectors other than their own. That’s the view of Dr Jochen Kreusel (pictured), Head of the Smart Grids initiative at ABB Group in Zurich, who is one of the key speakers at the Erasmus Energy Forum event later this […]