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Europe
European Commission unveils a New Renewables Projects Funding Scheme
The European Commission has launched a public consultation on draft rules to create a new EU financing mechanism to support renewable energy projects.
Energy Storage Project
EU Greenlights EUR 3.2 Billion Battery Research Project
The European Commission approved Monday under EU state aid rules a 'Common European interest' project jointly notified by seven EU Member States to support rese…
European Electric Vehicle Batteries 2020 Summit
ACI’s European Electric Vehicle Batteries Summit in Rotterdam, The Netherlands, originally scheduled to take place on 3-4 June, has been postponed to the 9-10 …
Energy Transition
EU Bank Ends Fossil Fuel Lending in World-First for Climate
The European Investment Bank (EIB) today became the world's first public lender to commit to ending funding for coal, oil and gas.
Broad Alliance of European Countries Calls for an EU Industrial Policy for Renewables
The signatories emphasise that the expansion of renewable energies would create new opportunities in terms of growth, investments, job creation and innovation i…
Energy Transition
Rate of Carbon Emission Falls Across Europe Amid Covid-19
Cornwall Insight studied electricity demand and carbon emissions in five European countries.
Nuclear Policy
NGOs Demand Place for Nuclear in EU Taxonomy
A group of more than 100 scientists and environmentalists have written to the European Commission calling for a "timely and just assessment" of nuclear energy i…
Climate Policy
Major Corporates Urge EU to Put Net Zero at Heart of Covid-19 Recovery Plans
European Corporate Leaders Group joins EU's independent green finance advisory panel in calling for green coronavirus recovery plan.
Market Analysis
EU needs clear European Green and Solidarity Pact by September
Stark predictions around the unprecedented economic challenges facing Europe (and the world) are starting to take shape.
Hydrogen Fuel Cell Vehicle
Volvo and Daimler Launch €1.2bn Fuel Cell Truck Joint Venture
Two of the largest automakers in Europe are teaming up to produce more hydrogen powered vehicles.
Crude Oil
Russia Cuts European Sea Ports Oil Exports To 20-Year-Low
Exports of Russia’s key export blend Urals are expected to slump to the lowest level since at least the early 2000s, according to data from Refinitiv Eikon.
Thermal Coal
Sweden Exits Coal Two Years Early
The Nordic nation is now the third European country to have waved goodbye to coal for power generation. Another 11 European states have made plans to follow sui…
Market Analysis
Europe Can Reach Net-Zero by 2050 with 100% Renewables, Study Shows
New modelling shows that Europe could reach climate neutrality before 2050 through a 100% renewable energy scenario which would also see solar technology genera…
Energy Transition
Covid-19 Response Accelerates the Renewable Transition, According to Wärtsilä
Coal-based power generation has fallen by 25.5% across the European Union and the UK in the first three months of 2020, compared to 2019, as a result of the res…
Wind Farm
Mirova Acquires 85.8MW Wind Farm From RES
Mirova, a European investment firm and an affiliate of Natixis Investment Managers, has acquired the Rödene wind farm from RES.
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