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Austria unveils path to climate neutrality by 2040
Austria’s climate action and energy minister laid out plans on Monday for shifting the country’s energy system from gas to hydrogen as it seeks climate neutrality by 2040.
read more... 09/04/2024
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Europe’s industrialists want deep reform of power market to tackle €800b grid spending gap
The European Union is facing a grid investment gap of €800 billion until 2030, finds a report commissioned by industry lobby group ERT, who call for another power market revamp to help address the issue.
read more... 09/04/2024
Europe’s industry and power sector emissions plunge 15% in 2023
The EU’s emissions trading scheme sectors, industry and power, saw emissions drop by 15% in 2023, putting them on track for their 2030 targets, but experts question whether this was because of – or despite – Europe’s carbon trading framework.
read more... 05/04/2024
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EU approves €900 million French biomass scheme
The European Commission has approved a €900 million French scheme to support companies investing in the use of biomass and renewable hydrogen in energy and fuel production, to foster the transition towards a net-zero economy in line with the Green Deal Industrial Plan.
read more... 05/04/2024
The cost of Europe’s new nuclear power plants
An alliance of 14 pro-nuclear EU member states said the EU needs an additional 50 GW of nuclear power by 2050 to meet energy transition targets, requiring the construction of more than 30 new reactors.
read more... 05/04/2024