Electricity

Top 3 in September: New fossil fuel subsidies planned in EU, Tesla, decarbonization

September

Photo: BGEN

Published

October 1, 2019

Country

Comments

0

Share

Published:

October 1, 2019

Country:

Comments:

0

Share

The world is taking strides to a point of no return on climate breakdown, yet no less than 5 EU member states are planning to introduce new fossil fuel subsidies by 2030. This story was number-one on our English-language Top 3 Most Read list for September.

The Top 3 Most Read list for September is also available for our portal’s Serbian/local language version.

1 – Greece, Slovenia among five EU countries to introduce new fossil fuel subsidies – report

Five EU countries including the UK, Germany, Greece, Poland, and Slovenia are looking to introduce new fossil fuel subsidies by 2030, an analysis of the 28 Member States’ draft energy and climate plans (NECPs) has revealed.

In a new report, “Fossil fuel subsidies in draft EU National Energy and Climate Plans: Shortcomings and final call for action,” experts from the Overseas Development Institute (ODI), Friends of the Earth (FoE) Netherlands, and Climate Action Network (CAN) Europe have analyzed the EU Member States’ draft NECPs, which require governments to report on their fossil fuel subsidies and plans to phase them out, the CAN has said in a press release.

Greece, Slovenia among five EU countries to introduce new fossil fuel subsidies – report

2 – Tesla “hoping” to open in Croatia, Serbia in early 2020 – Elon Musk

U.S. automotive and energy company Tesla, Inc. is “hoping to open in Slovakia, Croatia, Serbia & most of Eastern Europe early next year,” its co-founder and CEO Elon Musk has tweeted.

“Finally, we will do Nikola Tesla proud by having his cars in his countries of origin!” – according to Musk’s tweet.

Tesla “hoping” to open in Croatia, Serbia in early 2020 – Elon Musk

3 – Greece to start shutting down coal power plants

A business plan being drafted by the management of majority state-owned Public Power Corporation (PPC) includes a “sweeping divestment” of its coal power plants in Greece.

The plan to start shutting down PPC’s coal-fired power plants, which is expected to be ready by mid-November, is meant to be factored into the structural changes of the electricity market in Greece and the post-bailout assessment of the Greek economy by creditors.

Greece to start shutting down coal power plants

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Budget Serbia 2023 energy sector guarantees

Serbia to support large-scale energy projects in 2023 with state guarantees for loans

07 December 2022 - The proposed 2023 Law on budget envisages state guarantees and project loans for financing several...

EU EUR 1 billion energy support package Western Balkans

EU launches EUR 1 billion energy support package for Western Balkans

07 December 2022 - The EU will back six renewable energy infrastructure projects in the Western Balkans with grants from a EUR 500 million package

roundtable solar locations mapping belgrade the nature conservancy

Mapping sustainable sites for 1 GW of solar power plants in Serbia

06 December 2022 - Sites for building solar power plants should be selected in line with sustainable development principles, according to experts working on the project Smart-from-the start planning for sustainable development - Mapping solar potentials

MEP Kokkalis EU penalize coal power Western Balkans CBAM

MEP Kokkalis: EU shouldn’t penalize coal power in Western Balkans while producing coal-fired electricity itself

06 December 2022 - Many EU member states are prioritizing energy security over decarbonization and reviving retired coal power plants, MEP Petros Kokkalis said