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How more sustainable ECB policies help fighting climate change and inflation

In the last months, inflation has risen sharply with price increases among many sectors. Business and citizens have been used to low inflation rates...

After Russian hammer in Ukraine, sanctions talk brings sickle to oil prices

Oil prices slipped on February 25 after sharp rises early in the session as traders were concerned that sanctions against Moscow following Russia’s invasion...

EU advances sustainable transport, energy and climate connectivity in Western Balkans

The European Commission unveiled on February 25 a substantial €3.2 billion investment package to support 21 transport, digital, climate and energy connectivity projects in...

Kazakhstan to enhance foreign investment

Kazakhstan’s open-door policy to foreign investment remains the Central Asian republic’s strategic priority, President Kassym-Jomart Tokayev told the Foreign Investor Council’s Meeting on February...

EU-Norway to enhance climate, energy cooperation

A delegation of the Norwegian government led by Prime Minister Jonas Gahr Store with European Commission President President Ursula von der Leyen and with...

First publicly tendered wind project breaks ground in Karakalpakstan, Uzbekistan

Uzbekistan’s Energy Ministry announced on February 24 an important development at its 100 MW Nukus wind project, in conjunction with its operational partner -...

New European Battery Academy to boost skills for fast-growing battery ecosystem

Despite the pandemic and significant supply disruptions, the European Union has continued to make headway in establishing an innovative, sustainable and globally competitive battery...

EU says ready for Russian energy weapon

The European Union said on February 16 the bloc is ready in case the Russian leadership decides to weaponize the energy issue.In a speech...

EU Parliament approves greener road charging rules to cut C02 emissions

Under the new rules adopted by the European Parliament on February 17, road charges for trucks will move from time-based to distance-based charging, making...

EU invests over €110 million in environment and climate protection in 11 member states

The European Commission announced on February 17 an investment of over €110 million into LIFE program integrated projects for environmental and climate protection, selected...

MEPs call for quick deployment of offshore renewables to meet EU emission targets

Members of the European Parliament set out their recommendations on how to deploy offshore wind energy in Europe more quickly, as a means to...

EU to support Kazakhstan’s modernization

At a meeting of Kazakhstan’s Deputy Premier and Foreign Minister Mukhtar Tileuberdi with ambassadors from EU Member States, the diplomats reiterated their interest in...

Slovenia to decarbonize steel industry

Facilitating the transition towards a low-carbon economy the European Bank for Reconstruction and Development (EBRD) is participating in Slovenian Steel Group’s (SIJ Group) €230...

What if gas stops flowing through Ukraine?

Russia continues to keep more than 100,000 troops on its long border with Ukraine and carry out military exercises in Belarus. The US has,...

Mongolia advances renewable energy resources through a green hydrogen project

Mongolia is attractive for deploying green hydrogen production and more renewable energy projects can be developed in the Central Asian region, Elixir Energy Managing...

EU takes action to protect European biodiversity

The European Commission said on February 9 it is taking legal steps against 15 Member States in order to step up the prevention and...

Despite heavy imports, France still biggest electricity exporter in Europe

France maintained its position as the biggest net exporter of power in Europe in the second half of 2021, despite an extreme reliance on...

MEPs want tougher EU rules for design and disposal of battery production

Members of the European Parliament said on February 11 new measures for batteries are crucial for the transition to a circular and climate-neutral economy...

EU, US discuss energy security as Russia-Ukraine tensions rise

The United States will do everything it can to help ease any disruptions to Europe’s energy supply, US Secretary of State Antony Blinken said...

Slow pump: OPEC+ will raise supply, can’t cool prices

The Organization of Petroleum Exporting Countries (OPEC) and its allies led by Russia, a group known as OPEC+, said on February 2 the ministers...

EIB finances sustainable transport, renewable energy

The European Investment Bank (EIB) - the financial arm of the EU - approved on February 2 plans to further strengthen the EIB Group’s...

EU Commission declares gas, nuclear can be sustainable

The European Commission presented on February 2 a controversial Taxonomy Complementary Climate Delegated Act on climate change mitigation and adaptation covering certain gas and...

Sefcovic: Europe needs to mobilize financing for battery raw materials projects

Europe needs to streamline and accelerate existing permitting procedures for raw materials, while complying with the highest environmental and social standards, EU Commission Vice-President...

EU, US committed to accelerating the global transition to clean energy

The European Union and the United States are jointly committed to Europe's energy security and sustainability and to accelerating the global transition to clean...

EU approves restructuring aid for Romania’s Complexul Energetic Oltenia

Romania's plans to grant power company Complexul Energetic Oltenia restructuring aid for up to €2.66 billion (RON 13.15 billion) is in line with EU...

Greece’s Energean sees first gas from Israel’s Karish by Q3

Energean’s floating production storage and offloading (FPSO) for the Greek company’s flagship Karish project offshore Israel is expected to be ready for sail-away by...

Kyrgyzstan, Russia’s Rosatom ink MoU on SMR nuke plant construction

Russia’s state atomic corporation Rosatom and Kyrgyzstan agreed on January 20 to cooperate on the construction of small modular reactor nuclear power plants in...

The Cyprus Connection: EU funds EuroAsia electric link

Planning to create well-integrated energy infrastructure networks, EU countries have agreed on a European Commission proposal to invest €1.037 billion in 5 cross-border infrastructure...

The geopolitics behind spiraling gas and electricity prices in Europe

The current crisis of spiraling gas prices in Europe, coupled with a cold snap in the region, highlights the fact that the transition to green energy in any...

EU-Africa to tackle climate change, energy, infrastructure challenges

Ahead of the EU-African Union summit, European Council President Charles Michel participated via video link in a debate on climate and energy in the...

EU gas prices on fire, fear of Russia invading Ukraine hot button

Wholesale gas prices in the EU rose to record levels in the third quarter of 2021, influenced by global gas markets, according to the...

Saudi Arabia’s ACWA Power breaks ground on first and largest wind project in Azerbaijan

The Azerbaijani Ministry of Energy and ACWA Power held a groundbreaking ceremony on January 14 for the 240 MW wind power plant with an...

TotalEnergies joins Masdar and Siemens Energy to develop green hydrogen

Dubai-based renewable energy major Masdar announced on January 19 that TotalEnergies is adding its expertise in the energy sector to a Masdar-led initiative focused...

The year of the squeeze

Few of us will mourn the passing of 2021. However, as the New Year party balloons lie flaccid on the floor, there seems little...

Scotland awards massive seabed rights for wind farms in North Sea

The Crown Estate Scotland announced on January 17 the results of the ScotWind seabed tender, after receiving 74 bids for the 15 areas that...

EU to probe Gazprom’s role in energy crisis

With high energy prices hurting consumers in Europe, the European Commission is currently looking into all allegations of possible anti-competitive conduct by companies producing...

Slovenia outlines plans to exit coal by 2033

The Slovenian government has announced that it will phase out coal by 2033 at the latest but the plan lacks ambition when compared to...

Biden’s Greece nominee survives Senate hearing

George Tsunis, President Joe Biden’s nominee as next ambassador to Greece, survived his January 12 hearing with the Democratic-majority Senate Foreign Relations Committee (SFRC),...

Orsted and Liquid Wind invest in e-methanol project in Sweden

Planning a major investment into green fuels, Danish energy giant Orsted and Liquid Wind AB have reached an agreement, under which Orsted will acquire...

First plant in Europe to produce copper foil for EV batteries gets EBRD funding

Eager to reduce Europe's reliance on China for materials for batteries, the European Bank for Reconstruction and Development (EBRD) said on January 10 the...

Hungarian aid to Volta Energy Solutions’ battery copper foil plant gets EU nod

Hungary's €24 million investment aid to Volta Energy Solutions for the extension of a battery copper foil plant in the Hungarian region of Kozep-Dunantul...

Black Sea Bank loan to support Energean’s Epsilon field in Greece’s Prinos

The Black Sea Trade and Development Bank (BSTDB) is providing a loan of up to €90.5 million to Energean Oil and Gas, the Greek...

Impact of high energy prices on industry in the East Med region

Europe is still roiling under the impact of high energy prices that do not seem to be going away any time soon. Dutch hub...

Enel and Italy’s Fire and Rescue Service to boost safety, environmental protection

Italian energy major Enel and the country’s national fire department signed on January 4 a memorandum of understanding aimed at strengthening collaboration to protect...

Czech Republic pledges to exit coal by 2033

The new government of the Czech Republic published its program on January 7 announcing it will exit coal by 2033. It’s the 22nd European country...

EU taxonomy: No greenwashing of environment damaging activities

The introduction of the taxonomy is a great success for us Greens, future-oriented companies and civil society forces working on it for years. But...

EU wants gas, nuclear energy classified green, sustainable

The European Commission proposed on December 31 that natural gas and nuclear energy be included in the so-called EU taxonomy as sustainable energy sources.According...

The Year of Good Energy?

The Covid pandemic, geopolitics, climate change, energy and the economy are likely to be key issues in 2022.“What we have to have when we’re...

Mitsotakis lightning Bulgaria visit has regional focus

Greek Prime Minister Kyriakos Mitsotakis visited Sofia December 20, opening contacts with the new Bulgarian government through meetings with newly elected Bulgarian PM Kiril...

How nuclear can help the planet achieve net-zero

Nuclear power offers the world an abundant future if it is embraced, said speakers at an event jointly organised by the New Nuclear Watch...

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