RSSEnergy

Massive support for the end of the #SolarTradeMeasures

Massive support for the end of the #SolarTradeMeasures

| September 21, 2018

MEPs, associations and NGO’s have voiced their support for the end of the solar trade measures. Photo: Trade Commissioner Cecilia Malmström at a press conference (© European Union , 2018/Lukasz Kobus). Earlier this month the European Commission ended the trade measures on solar panels from China and other Asian countries. In the wake of this decision, a […]

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#MIT – Nuclear energy is key to achieving decarbonization targets

#MIT – Nuclear energy is key to achieving decarbonization targets

| September 12, 2018

Without the contribution nuclear energy provides as a dispatchable and low carbon energy source, the overall cost of achieving deep decarbonization targets will increase significantly, according to the latest study released by the Massachusetts Institute of Technology’s Energy Initiative. Findings and recommendations from the study were presented during a dedicated event held in Brussels by […]

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Phasing out #Coal in Europe: Easier said than done

Phasing out #Coal in Europe: Easier said than done

| August 30, 2018

By this December, Germany’s last two hard coal mines – Prosper-Haniel and Ibbenbüren – will shut down for good. On the surface, this seems like an encouraging sign for Germany’s much-touted transition to a lower-carbon economy (the Energiewende) especially when combined with the news that German renewable energy outweighed coal for the first time this […]

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State aid: Commission approves three support measures for #RenewableEnergy in #Denmark

State aid: Commission approves three support measures for #RenewableEnergy in #Denmark

| August 20, 2018

The European Commission has approved under EU state aid rules three schemes to support electricity production from wind and solar in Denmark in 2018 and 2019: (i) a multi-technology tender scheme for onshore and offshore wind turbines and solar installations, with a budget of DKK 842 million (€112m). The beneficiaries of the aid will be […]

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#JunckerPlan supports #Nordlink interconnector with €100 million #EIB investment

#JunckerPlan supports #Nordlink interconnector with €100 million #EIB investment

| August 16, 2018

The European Investment Bank (EIB) has signed a €100 million financing agreement with TenneT, a leading European electricity transmission system operator, to support the construction of an electricity interconnector between Norway and Germany. The transaction is backed by the Juncker Plan’s European Fund for Strategic Investments (EFSI). The interconnector will span 624 kilometres, linking Norway and […]

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#RAN – Coal report finds troubling loopholes in existing bank policies

#RAN – Coal report finds troubling loopholes in existing bank policies

| August 16, 2018

Following Trump’s inauguration, major US banks increased financing for coal, demonstrating loopholes in policies adopted in response to the Paris Agreement. A new report, published by Rainforest Action Network (RAN), analyzes the six biggest US banks and finds that 2017 was a year of major backsliding on coal mining finance, with banks increasing overall financing […]

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State aid: Commission approves most #ElectricityContribution reductions granted to electricity-intensive companies in France in 2003-15 and asks France to recover part of reductions

State aid: Commission approves most #ElectricityContribution reductions granted to electricity-intensive companies in France in 2003-15 and asks France to recover part of reductions

| August 2, 2018

The European Commission has approved most of the electricity contribution reductions granted to electricity intensive companies in France in 2003-15. These measures helped towards achieving the EU’s climate and energy objectives without unduly distorting competition in the Single Market. The Commission has, however, asked France to recover the part of these reductions (estimated at less […]

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