Building materials leading CO2 utilization market to USD 550 billion by 2040
Cement and other building materials offer the biggest potential as governments and investors are turning to CO2 utilization
COVID-19 pandemic accelerated slowdown in coal power plant sector
Electricity output from fossil fuels dropped more than from low-carbon sources. The coal power sector showed the greatest weakness in the market.
Resavica coal mines never break even despite massive subsidies
Underground coal mining utility PEU Resavica receives EUR 40 million state aid every year, but it regularly ends reporting a loss.
EnC Energy Transition Tracker: 61% of power output in WB6 still comes from fossil fuels
The Energy Transition Tracker points to slow energy transition momentum and the decarbonization challenge in electricity production and transportation.
ESM repeats tender for 100 MW solar project in Oslomej coal mine
The first tendering, launched a year ago, for the public-private partnership project was unsuccessful. The new deadline for bids is March 12.
Germany plans to abolish renewables surcharge paid by power consumers
Within five years, the item in electricity bills for stimulating green power in Germany could be scrapped. An average family now pays EUR 413 per year
China launches carbon trading system
Carbon emissions trading includes a total of 2,225 power companies, which last year accounted for about 40% of the country’s emissions.
EU MPs want carbon border tax to apply for for all energy-intensive industries
Members of the European Parliament want the tax to be rolled out for oil products, glass, paper and aluminium as well.
