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EU surpasses 90% gas storage target ahead of winter
The European Union (EU) has surpassed its gas storage target, achieving a 90.12% capacity well ahead of the scheduled deadline of 1st November.
read more... 21/08/2023
German cabinet approves 58 bln euro green investment plan for 2024
Germany's cabinet on Wednesday agreed to earmark 57.6 billion euros ($63.2 billion) for green investments next year, up 60.2% from a 2023 target, the Finance Ministry said, as Berlin ramps up subsidies to help the country become net zero by 2045.
read more... 10/08/2023
G20 nations fail to agree on emission reduction targets at talks
The Group of 20 (G20) major nations failed on Friday to agree on concrete targets to cut dangerous emissions, releasing only a statement that dismissed current measures to address climate change as "insufficient".
read more... 01/08/2023
EU signs off target to cut final energy use 12% by 2030
A new EU target to cut the bloc’s final energy use by 11.7% in 2030 compared with a business-as-usual forecast gained its final approval on Tuesday, paving the way for it to become binding.
read more... 26/07/2023
German offshore wind capacity up 3.1% in H1, manufacturers demand law amendments
Germany raised installed offshore wind capacity by 3.1% to 8,385 megawatts (MW) in the first half of 2023, industry lobbies said on Tuesday, demanding better revenue guarantees to maintain a build-out pace and ensure it will reach a 30,000 MW target by 2030.
read more... 26/07/2023