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
TransitionZero: switching straight to renewables is now cheaper than coal-to-gas shift
Switching from coal straight to solar and wind energy and battery storage would enable electricity producers in the EU to save USD 90 per ton of CO2 on the carbon price, says TransitionZero
German year-ahead power price holds near record amid disputes with Gazprom
German year-ahead electricity price held near yesterday's all-time high amid threats that Gazprom's gas deliveries to Europe would be cut
New offshore law to bring Romania 60% of profits from Black Sea gas
With the amendments to its offshore law, Romania expects to kickstart investments in gas for its needs as it would have preemptive rights
EU’s renewable power capacity additions jump 30% in 2021
The world as a whole also set a fresh record in new renewables capacity last year, adding almost 295 GW
Serbia to protect vulnerable households from jump in energy prices
Serbia will adopt a decree to help 200.000 households to pay electricity bills and 50.000 will be able to get aid for heat costs, Minister Zorana Mihajlović said
European carbon prices tumble, failing to scale new highs as gas drops
Recession fears spilled over to the EU's carbon market: the price dropped 5% per ton after challenging recent record highs
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