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EU countries stall EIB plans to phase out funding for fossil fuels
The European Investment Bank (EIB) on 15 October postponed taking a decision to next month on whether to phase out lending to fossil fuels,...
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EIB loan to finance power cable between Crete and mainland Greece
ATHENS - The Greek island of Crete took a step closer towards energy independence and cutting CO2 emissions on 9 May, following a deal...
Africa
Greece, Cyprus, Jordan cement East Med Gas Forum relationship
ATHENS – The leaders of Greece, Cyprus and Jordan will hold a trilateral summit in Amman on 14 April to expand cooperation in the...
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Wind power may cover almost 40% of Portugal’s electricity by 2030
PORTO, Portugal – Portugal’s wind power is expected to grow to around 7 GW by 2030, which is enough to cover almost 40% of...
Africa
In Greece, EU sees transition to sustainability, energy security
ATHENS – Greece’s energy sector is a vital pillar of the transition to sustainable growth and has helped boost the EU’s energy security, European...
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Hamburg highlights wind energy role in fighting climate change
HAMBURG – Cross-boarder electricity interconnections are vital for Europe to achieve its climate and energy goals and integrate more renewables into energy markets but...
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EU hails California legislation to boost clean energy transition
Arnold Schwarzenegger may no longer be the governor of California, but the US' most populous state is still spearheading efforts against climate change.On the...
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Basque Country’s industry pushes wind energy production in Spain
BILBAO, Spain – Spain is close to the EU goal of having the country’s energy produced by renewables and without CO2 emissions by 2020.“If...
Africa
Governator Schwarzenegger, Commissionator Šefčovič promote Clean Mobility
STRASBOURG – The EU wants to kick-start the European car industry, creating competitive zero and low emission cars, European Commission Vice-President for Energy Union...
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Merkel’s new coalition likely won’t sideline Nord Stream-2
Despite the outcome of the hard political negotiations to form a coalition government following the re-election of Germany’s Angela Merkel to a fourth-term in...
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US calls for relaxing Gazprom’s stranglehold on EU market
ATHENS – Several key energy projects currently underway in Greece will bring significant quantities of non-Russian gas to Greece, Italy, Bulgaria, and other regional...
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Romania’s Cluj capitalises on Smart City energy
The largest city of Transylvania, Cluj-Napoca, is trying to attract investors with the help of EU funds to become smarter, Emil Boc, the city’s...
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EU Clean Energy aims to reduce fossil fuels
STRASBOURG – The clean energy package that was discussed at the European Parliament in Strasbourg today will focus on renewables and modern technologies, European...
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Greece, Cyprus, Israel examine East Med gas exports to EU
ATHENS - On December 8, Greek Prime Minister Alexis Tsipras will participate in a trilateral summit between Greece, Cyprus and Israel in Jerusalem to...
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EU needs small and medium-sized renewable energy projects
ATHENS - Despite pledges of US President-elect Donald Trump to ease regulations for oil and coal and abandon climate change obligations, Europe is forging...
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Low gas prices clog pipeline projects, EastMed’s Leviathan
ATHENS – Low gas prices have a limited effect on the planning of major pipeline projects, including plans to export gas from the East...
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Trump to OPEC, Russia: Drop Dead or The Big Chillary
The outcome of the US general election this November could affect Washington’s energy policy and relations with Russia. Presumptive GOP nominee Donald Trump’s slogan...
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Finland chills to Russian gas, will connect to EU
HELSINKI – Russia gas supplies to Finland have never been interrupted and the two countries share close relations but the Scandinavian country is planning to...
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G20 Ministers Stream Competing EU Pipeline Projects, Fret Over Oil
G20 energy ministers met in Istanbul on October 2, striving for sustainable development amidst low oil prices and climate change negotiations. European Commissioner for...
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Juncker Plan helps win energy Battle of Crete
ATHENS – A project to interconnect the Greek island of Crete to the mainland’s electricity system that was proposed over 20 years ago could...
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