fossil fuels
Romania rolls out windfall profit tax for fossil fuel sector
29 December 2022 - Romania introduced a 60% tax on excess profits for companies that are operating in the areas of oil, gas and coal
IEA: Global energy crisis is driving surge in heat pumps
01 December 2022 - Sales of heat pumps will soar to record levels in the coming years as the energy crisis accelerated their deployment
Ember: Turkey can halve dependence on imported fossil fuels in power generation by 2030
05 October 2022 - Ember prepared a study to summarize various electricity transition pathways towards 2030 under the guidance of recently conducted modeling studies
Hellenic Petroleum becomes HELLENiQ Energy to move into sustainability era
21 September 2022 - Hellenic Petroleum changed its name to HELLENiQ Energy, saying it wants to leave behind a legacy structure and clear the way for renewables
EU to cap revenue for electricity producers at EUR 180 per MWh
14 September 2022 - Ursula von der Leyen presented measures to bring down power prices including and decouple the dominant influence of gas in the sector
IEA’s Birol debunks three myths about global energy crisis
07 September 2022 - Fatih Birol, executive director of the International Energy Agency (IEA), wrote an op-ed for the Financial Times
IEEFA: Relying on carbon capture in fossil fuel sector will not work
01 September 2022 - The Carbon Capture Crux – Lessons Learned studies 13 flagship large-scale carbon capture and storage (CCS)/carbon capture utilization and storage (CCUS) projects
EU power, gas prices smashing records amid drought, EdF’s nuclear plant setback
03 August 2022 - Low water levels in major rivers disturb the operation of nuclear power plants and the transportation of coal
Timmermans: EU risks conflict, strife due to energy crisis
14 July 2022 - The EU's top official Frans Timmermans claims a short-term return to fossil fuels is needed to prevent the risk of civil unrest
Turkish entity in Cyprus offers energy, water deal to government in Nicosia
05 July 2022 - Cypriot Turkish leader Ersin Tatar offered the Republic of Cyprus a deal on hydrocarbons, electricity, renewables and water, but under a two-state solution
Fossil fuels returned as top energy source in EU power generation in 2021
01 July 2022 - Among renewable sources, the biggest increase in 2021 was seen in electricity produced from solar energy, 13%,
G7 reverses climate policy with support for LNG, gas, nuclear power
29 June 2022 - The G7 reaffirmed its commitment to climate goals, but it backed the deployment of gas, particularly LNG, and of nuclear power
Pollution from coal plants in Western Balkans remains extreme in 2021
22 June 2022 - Coal-fired power plants in the Western Balkans were in breach of Energy Community pollution rules in 2021 for the fourth year in a row.
Kosovo* may buy stake in gas-fired power plant project in Albania
21 June 2022 - Kosovo* and Albania will jointly work on the LNG terminal project in Vlora and Kosovo* could invest in the planned gas-fired power plant there
Europe is firing up old coal plants to get through winter
20 June 2022 - Germany is getting retired coal plants back online as Gazprom's gas supply is dwindling while Italy may declare an emergency
Statement of the Day, Guterres: Fossil fuel industry used scandalous tactics like Big Tobacco
17 June 2022 - The fossil fuel industry has exploited precisely the same scandalous tactics as Big Tobacco, UN Secretary-General António Guterres said