fossil fuels
Revised Fit for 55: Preliminary goals show more renewables, nuclear, coal – much less natural gas
06 April 2022 - The revision of the Fit for 55 energy package calls for more renewables, coal and nuclear in order to offset a great reduction in natural gas
Low water levels paralyze hydropower plants in Albania
21 March 2022 - 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
09 March 2022 - 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
01 February 2022 - 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
28 December 2021 - 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
19 November 2021 - Ambitious new sectoral energy and climate goals will be included in Greece’s first Climate Law,...
Greece to ban sale of new gasoline, diesel cars in 2030
09 November 2021 - 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
05 November 2021 - 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
22 October 2021 - Saudi Arabia, Australia, and OPEC are lobbying against fossil fuel phaseout, while Brazil and Argentina oppose the promotion of meat-free diet.
Reality of energy transition: fossil fuel production to grow at least until 2040
20 October 2021 - Despite the Paris Agreement goals and net zero commitments, fossil fuel producers are on track to significantly boost output through 2040
G20 urged to set more ambitious emissions cut targets ahead of COP26
15 October 2021 - The G20 governments need to come up with more ambitious national emissions reduction targets ahead of the UN climate summit COP26, which opens on October 31.
IEA Global Hydrogen Report 2021: World needs decisive action to cut costs of low-carbon hydrogen production
07 October 2021 - Governments need to take decisive action to enable low-carbon hydrogen to fulfill its potential and help the world reach net zero emissions by 2050.
Fossil fuel firms sue countries over climate, environmental action
20 September 2021 - Fossil fuel companies are suing countries around the world, seeking more than EUR 15 billion in damages over climate, environmental action.
Timmermans: energy price hikes should speed up green transition, not slow it down
17 September 2021 - Only about a fifth of the energy price increase can be attributed to the rising costs of CO2 emissions, while the rest is simply due to a market shortage, says the European Commission’s vice president in charge of climate issues.
CWP Global enters Ukrainian market with acquisition of 73 MW wind project
07 September 2021 - CWP Global has acquired a 73 MW onshore wind project under development in Ukraine, entering one of Europe’s largest energy markets.
CO2 tops EUR 60 for first time
30 August 2021 - Carbon permits reached almost EUR 61 per ton in the EU as power producers are struggling to obtain gas from Russia and wind has weakened