Latest news
EU Parliament passes bill hiking renewable energy targets
European Union lawmakers gave their final approval on Tuesday to legally binding targets to expand renewable energy faster this decade, a central part of Europe's plans to curb climate change and shift away from fossil fuels.
read more... 13/09/2023
BP commits to Germany with $11 billion low-carbon investment push
BP plans to invest up to 10 billion euros ($10.7 billion) in low-carbon fuels, renewables and EV charging in Germany by the end of the decade to rival local power firms, as competition over the energy transition of Europe's largest economy intensifies.
read more... 13/09/2023
EU’s hydrogen economy struggles to pick up pace
Demand for renewable hydrogen in Europe is expected to hit 8.5 million tonnes by 2030, far below the EU’s planned 20 million tonnes, according to the industry, which calls for a shift in strategy to ramp up supply and demand.
read more... 07/09/2023
French government earmarks €4 bln for low-carbon hydrogen
The French government will release €4 billion in subsidies in the form of public-private contracts for the development of low-carbon hydrogen projects as part of the country’s updated national hydrogen strategy.
read more... 01/09/2023
IRENA: renewable power saved global power sector $520bn in 2022
In addition to overall direct cost savings, there are other “substantial economic benefits” associated with reducing CO₂ emissions and dependence on fossil fuels.
read more... 01/09/2023