Low water levels paralyze hydropower plants in Albania
Albania extended a national holiday for a day as hydropower plants are struggling with a drought and power demand surpassed production
Price of EU’s plan to cut dependence on Russian gas
In the light of the energy transition, it could be a great push for renewables, but also a step back due to the expected increase in the use of coal power plants
Fossil fuels still subsidized more than renewables in EU, auditors find
The EU's energy taxation and carbon pricing policies don't square with its climate goals, the European Court of Auditors said in a review
Germany, Belgium to close nuclear reactors despite Europe energy crisis
The move comes amid the ongoing energy crisis in Europe and the EU’s plans to recognize nuclear power as a low-carbon energy source.
Greece’s first Climate Law to end lignite use by 2028
Ambitious new sectoral energy and climate goals will be included in Greece’s first Climate Law, including the decommissioning of all lignite plants by 2028 at the latest. At the same time, the prohibition of oil use for heating and a large number of electric cars are expected to lead to significant CO2 reductions. The highlights […]
Greece to ban sale of new gasoline, diesel cars in 2030
Greece's draft Climate Law envisages a ban on the sale of new cars with internal combustion in 2030, five years earlier than the EU's target
Energy price rally lifts inflation to worrying heights worldwide
The energy crisis fueled a rapid rise in prices of power and gas to unseen highs and accelerated inflation as most products become more expensive
Leaked papers reveal major pushback against fossil fuel phaseout
Saudi Arabia, Australia, and OPEC are lobbying against fossil fuel phaseout, while Brazil and Argentina oppose the promotion of meat-free diet.