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Net Zero Emission

Fight Over Funding Threatens EU Deal on New Climate Laws

A dispute over how to shield poorer citizens from European Union policies to put a price on pollution is threatening to prevent the bloc's countries from agreei…

Nuclear Power Plant

EDF Reportedly Ready to Pull Out of Sizewell C Nuclear Project

Unions have warned that the UK’s nuclear future will be at risk if the government investment decision for the project is delayed

LNG

Can Europe Actually Afford to Kick Fossil Fuels?

The European Union has made big pledges to go green, but the energy crisis is making its plans exceedingly difficult to achieve.

Energy Transition

EU Agrees Deal on Company Disclosures to Combat Greenwashing

The European Union has reached a deal on corporate sustainability reporting requirements for large companies from 2024, a European Parliament committee said on …

Emissions Trading System

Risk of Delay to Carbon Market Reforms After Surprise EU Vote

The European Parliament on Wednesday rejected a proposal to upgrade the European Union's carbon market, an unexpected move that exposed divisions over the bloc'…

Natural Gas

EU, Egypt Near Gas Supply Deal in Shift Away From Russia

The European Union and Egypt are set to sign a deal later this month on supplying the bloc with gas as the bloc seeks to slash its dependence on Russian supplie…

Energy Transition

Ukraine War, Pandemic Set to Speed Europe’s Green Energy Transition, Report Finds

Most European Union countries have boosted their renewable plans since 2020, putting them on course to cut fossil fuel use this decade as the energy and COVID-1…

EU

EU’s Borrell Hopeful of Deal on Russian Oil Ban

European Union members should be able to reach an agreement on a new sanctions package against Russia, including imposing restrictions on Russian oil imports, d…

Natural Gas

Burning Gas to Produce Electricity Is ‘Stupid,’ the CEO of Power Giant Enel Says

In Francesco Starace’s opinion, change is coming to Europe, where the EU has said it wants to be carbon neutral by 2050.

LNG

EU Plans First Joint Gas Buying Before Winter

The European Union plans to start jointly buying gas before winter, the bloc's energy policy chief said on Monday, as it seeks to cut reliance on Russian fossil…

Energy Transition

IRENA Backs UN Call to Speed up Energy Transition

UN Secretary-General Antonio Guterres outlined 5 critical actions to jumpstart transition.

Energy Storage Battery

UN Calls for ‘Global Coalition on Battery Storage’

As the global climate crisis unfolds, António Guterres, secretary-general of the UN, has highlighted the crucial role battery storage can play in tackling it. …

Oil Price

Oil Prices Drop on Profit-Taking, Supply Fears Linger

Oil prices slipped on Monday, giving up earlier gains as investors took profits after a surge in the previous session, but global supply fears loomed with the E…

Crude Oil

More Oil From U.S. Strategic Petroleum Reserve Heads to Europe

Europe is set to receive more cargoes of U.S. crude from the Strategic Petroleum Reserve (SPR) as the European Union discusses an oil embargo on Russia and look…

Natural Gas

European decarbonisation and Fuel Independence From Russia ‘Impossible Without Energy Storage’

The European Union has no choice but to develop a coherent strategy on energy storage if it is to achieve its decarbonisation goals and end its dependency on Ru…