Natural gas, nuclear energy remain part of EU taxonomy – NGOs to file lawsuit
The European Parliament rejected the motion to exclude investments in natural gas and nuclear energy from the sustainable finance taxonomy
Portugal, Spain cap gas prices for power producers to bring down wholesale prices
The payments to utilities will be calculated based on the price difference between the market price of natural gas and the gas price cap
EU sets out REPowerEU plan to speed up green energy transition
The REPowerEU plan calls for investing an additional EUR 210 billion by 2027 and increasing the share of renewables fto 45% by 2030
SEE countries set up regional taskforce to jointly diversify gas supplies, strengthen energy security
Representatives of Azerbaijan, Bulgaria, Greece, North Macedonia, Romania, Serbia, Ukraine, and Turkey also discussed decarbonization and the green transition
Eurelectric: unsuitable measures to tame electricity prices would hinder investments in renewables
Eurelectric has published its response to the European Commission's options for immediate price mitigation measures
EU mulls higher renewables target for 2030 to speed up shift from Russian fossil fuels
Last year the European Commission proposed lifting the existing 32% target for renewables in the overall energy mix to 40%, and is now considering raising it to 45%.
EU urged to back energy storage development alongside renewables, hydrogen
The EU is urged to back energy storage so as to ensure energy security and independence of Russian fossil fuels, and achieve a net-zero power system.
EU to allow Western Balkans to take part in joint gas purchases
Western Balkan countries will be able to join the European Union's platform for voluntary joint purchasing of gas and hydrogen.