Region/EU
Ember: EU must install renewables two times faster by 2026 to meet climate targets
28 July 2022 - The EU will need double solar and wind additions by 2026 to deliver on the goal to hold global warming at a maximum 1.5 degrees
CEE Bankwatch: Southeast Europe hydropower investment risks are high and rising
28 July 2022 - Greenfield large hydropower investments across southeast Europe face major risks and low realisation rates, according to a new report by CEE Bankwatch and partner organisations.
Distinguished panel discussion hosted by CMS Vienna: Hydrogen – dream fuel or just a lot of hot air?
27 July 2022 - Hydrogen is increasingly seen as one of the critical components of the energy transition. To what extent is the hype about hydrogen justified? What sort of infrastructure will be required? Is the legal framework sufficient and future-proof?
EU adopts watered-down plan to cut gas demand by 15% by March
26 July 2022 - EU energy ministers agreed to voluntarily reduce the demand for natural gas by 15% through March, but with several changes to the plan
Hungary, Serbia sign green hydrogen deal
25 July 2022 - The MoU was signed by Zorana Mihajlović, Minister of Mining and Energy, and László Palkovics, Minister of Technology and Industry
Portugal, Switzerland launch pumped storage hydropower plants of over 2 GW in total
22 July 2022 - Iberdrola inaugurated its pumped storage plant Tâmega Gigabattery in Portugal and a similar facility was commissioned in Switzerland
Energy Community Secretariat initiates infringement procedures against Kosovo*, North Macedonia, Serbia
21 July 2022 - The secretariat seeks a decision from the Ministerial Council on the party's failure to comply with its obligation from the treaty
Climate change impacting wine, olive production in drought-stricken Italy
20 July 2022 - The Italian way of life is under threat, especially in the valley of the river Po, which turned into a creek due to the ongoing drought
EU asks member states to cut gas consumption by 15% by March
20 July 2022 - It has also proposed a legislation which would allow the commission to introduce a binding target for gas reduction
Germany to reconsider nuclear plant shutdown in following weeks
19 July 2022 - Faced with the gas supply crunch, German ministers from the Greens are willing to reconsider the scheduled closure of the last nuclear plants
Timmermans: EU risks conflict, strife due to energy crisis
14 July 2022 - The EU's top official Frans Timmermans claims a short-term return to fossil fuels is needed to prevent the risk of civil unrest
Hungary to ban energy exports
14 July 2022 - Hungary's neighbors are closely monitoring the announced measures, and one of them is Serbia which has a deal to store gas in Hungary
Energy Community can integrate 30 GW of renewables without investments in flexibility
14 July 2022 - The Study on flexibility options to support decarbonization in the Energy Community has assessed the flexibility needs, options for balancing
GGF takes green finance graduates on study tour in Berlin
14 July 2022 - GGF's Technical Assistance Facility and the Renewables Academy (RENAC) hosted a study tour in Berlin for the graduates of the Green Finance Expert Course
Green for Growth Fund achieves record expansion in 2021
12 July 2022 - GGF recorded its strongest ever net growth in its outstanding portfolio, with EUR 1.3 billion in green loans to over 42,000 end borrowers
Four power exchanges in Western Balkans to be launched by mid-2023
11 July 2022 - The inauguration of the power exchanges would be a big step forward as now there is only one operational exchange in the region