Tagged With EU
EU reaches deal to include shipping in ETS
30 November 2022
Provisional agreement is still subject to an overall deal on the ETS revision in late December.
EU must clarify CO₂ removal rules
29 November 2022
Carbon removals proposal must prioritise emissions cuts and differentiate between short-term and long-term storage, according to NGOs
EU agrees to loss-and-damage fund
18 November 2022
The bloc makes negotiating concession as it looks to tie loss-and-damage fund to mitigation
Lithium shortage to slow Europe's battery growth
15 November 2022
Volatile power prices have boosted revenues, but new entrants faced with higher capex thanks to spiking lithium prices
EU CBAM will have ‘coercive effect’
10 November 2022
Scheme will punish other trading blocs that do not have a carbon price of a similar level, industry seminar hears
EU doubles Innovation Fund to €3bn
4 November 2022
Special focus on expanding renewables to make the bloc ‘immune to Russian energy blackmail’
EU energy sector CO₂ emissions start to fall
4 November 2022
Decline follows more than 12 months of rising year-on-year figures due to low nuclear output and increasing demand
Global headwinds for Cop27 climate talks
2 November 2022
High inflation and interest rates will hamper project development, but progress is still being made in key areas, says Energy Transitions Commission
EU to launch €3bn CCS funding round
1 November 2022
Money will come from the Innovation Fund, which has already provided €1.5bn in support to 11 carbon-capture projects
EU road transport to be zero-emission by 2035
31 October 2022
New legislation will phase out diesel and petrol vehicles over next 12 years
Industry frets over EU power revenue caps
25 October 2022
Patchwork approach could damage wholesale markets and discourage investment in renewables, industry groups say
EU ETS revenues will come from frontloading
6 October 2022
Initial Commission proposal to sell allowances from Market Stability Reserve rejected by both EU Parliament and Council
EU puts forward measures to reduce power demand
14 September 2022
Proposals also include a temporary revenue cap on operators of renewable, nuclear and lignite power generation
EU package to target electricity demand
12 September 2022
Emergency measures aim to lower power prices by reducing demand at peak times
EPP proposes faster allowance sale to lower ETS price
8 September 2022
Largest group in European Parliament has suggested sale of allowances across one year to finance investments in energy projects
EU aims to reform electricity markets
30 August 2022
European Commission is working on both an emergency intervention and long-term structural reform following high electricity prices
EU ETS prices rise on high coal burn, low auctions
24 August 2022
Prices in the EU’s emissions trading scheme hit an all-time high last week after an August rally on reduced volumes and an increase in coal burn
MEPs vote nuclear and gas as sustainable
6 July 2022
European Parliament fails to reject Commission proposal to define some nuclear and natural gas power as sustainable
EU Council agrees position on energy targets
28 June 2022
Council sets binding EU-level targets of 40pc for renewables’ share of the energy mix and 36pc for energy efficiency
MEPs pass ETS reform
22 June 2022
European Parliament has voted in favour of steeper emissions reductions and inclusion of maritime, road transport and heating in carbon pricing schemes
War adds impetus to Europe’s gas decarbonisation
20 June 2022
Gas businesses have embraced the acceleration of decarbonisation prompted by the Ukraine war but are concerned about the feasibility of new targets—especially for hydrogen
MEPs reach new deal on ETS reform
15 June 2022
Cap reduction stays at diluted level but free allowances phased out by 2032
EU parliament votes down ETS reforms
8 June 2022
Reforms proposed under EU’s ‘Fit for 55’ package will go back to committee stage and return to parliament in September
EU firms ready to invest in Chinese transition
7 June 2022
European businesses have the technology to support China’s push for net zero, but policy uncertainty and red tape are hindering investment, says the EU Chamber of Commerce in China
EU pushes for 45pc renewables by 2030
18 May 2022
European Commission seeks faster deployment of renewables as part of new €210bn plan to cut dependence on Russian energy imports
EU climate laws advance
18 May 2022
Rules governing how emissions will be cut in line with Paris Agreement goals have passed a key legislative hurdle
Renewables sector loses confidence in EU support scheme
17 May 2022
Rules governing EU Innovation Fund disadvantage renewables sector and must change, industry groups tell European Commission
EU awards €1.1bn in grants to low-carbon projects
4 April 2022
Hybrit hydrogen-based steel and K6 carbon-neutral cement projects among recipients of EU Innovation Fund’s first large-scale awards
EU complains to WTO over UK’s CfD scheme
30 March 2022
UK will rigorously contest EU’s claim that scheme’s local content criteria are discriminatory
ETS to remain heart of EU climate policy
24 March 2022
Carbon border adjustments could encourage scheme’s influence in other regions, according to panel
EU must drop gas from green taxonomy proposal – MEPs
17 March 2022
European Parliament members say inclusion of gas in green finance taxonomy undermines response to invasion of Ukraine
EU plans to pivot from Russian gas
9 March 2022
Switch to renewables and hydrogen aims to displace demand for Russian gas well before 2030
EU ETS prices fall sharply on Ukraine invasion
8 March 2022
Combination of factors has led to EU allowances losing a third of their value, but bullish factors remain on the horizon
Germany rejects gas timelines in draft EU taxonomy
24 January 2022
Government says proposed timetable for switch to clean fuels in power generation is unrealistic and could hit hydrogen deployment in industry
ECB warns of energy transition inflation risk
11 January 2022
Gas supply imbalances and rising carbon prices could cause persistent pressure on consumer prices, ECB executive board member warns
EU says nuclear and gas are green
4 January 2022
Germany and other member states criticise European Commission proposals to include nuclear in sustainable finance taxonomy
EU warns of energy price impact on transition
21 December 2021
Commission urges against knee-jerk policy reactions as record energy prices make transition more abrupt and difficult
Fit for 55: Challenges and opportunities for EU industry
28 September 2021
Stricter rules and higher targets demand a rethink of value chains and business models by energy-intensive companies
EV sales unaffected by pandemic – IEA
29 April 2021
Sales in the sector are growing fast thanks to strong consumer demand and policy support from governments
Europe wind investment surges 70pc
14 April 2021
Calls to ease bottlenecks as capacity growth lags EU climate goals
A new approach to coordinating offshore electricity grids
1 April 2021
Sustained increases in UK and EU offshore wind power generation mean that making changes to regulation and infrastructure has become a priority
Ukraine’s EU power plan impeded by subsidy backsliding
19 February 2021
Kiev wants to modernise and decarbonise its power sector—but is scaring investors away by retroactively cutting subsidies for renewables
Shift to electric vehicles not fully charged
12 February 2021
The build-out of EV chargers in the EU risks diverging from political ambition while trailing an expected vehicle sales boom
Energy transition at forefront of EU diplomacy
27 January 2021
The EU Council intensifies diplomatic efforts on energy pursuant to the EU’s rising global climate ambitions
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