EU greenlights state aid regulations including CfDs, partly allows gas projects
Projects with government support need to be aligned with the EU's decarbonization goals, with some exceptions for gas
New York is banning the use of natural gas in new buildings
After several other cities in the United States, the City Council of New York passed a law banning the use of natural gas in most new buildings. Construction projects submitted for approval from 2027 will have to use electricity instead of gas or fossil fuels for heating. In the most populated American city, with 8.8 […]
Greek power network operators report surge in investments in 2021
Investment in the Greek electricity network increased substantially in 2021 in order to help the country make its energy transition
Elon Musk’s SpaceX seeks rocket fuel made from atmospheric CO2
Elon Musk revealed SpaceX would launch a program for capturing carbon dioxide from the atmosphere for the production of rocket fuel
EPS to convert coal-fired power plant Morava to natural gas
The state-owned power utility has announced a tender for the preparation of studies for the construction of the Morava gas power plant
IMF: Soaring metal prices may delay world’s energy transition
The switch from fossil fuels to low-carbon sources implies a massive leap in demand for metals and other commodities, IMF said
OMV Petrom to install 1 GW of renewables in Romania by 2030
In its EUR 11 billion investment plan for the current decade, OMV Petrom earmarked more than 35% for low and zero carbon opportunities
RES Foundation conference: More subsidies for poor households needed to get to net zero heating
Vulnerable households in the Western Balkans often can't afford renovation or to replace old heating stoves and boilers even with a 50% subsidy