European Union countries and negotiators from the EUs parliament reached a provisional deal Thursday to raise the share of renewables in the blocs energy mix, another step to accelerate its green transition.The European Council, which represents the 27 member nations, said the agreement reached after all-night negotiations would raise the renewable energy target to 42.5 […]
EU Reaches Deal to Nearly Double Renewables in Energy Mix by 2030 – EQ
Negotiators in the European Council and Parliament reached a provisional deal on Thursday setting a binding target to ramp the share of renewable energy in the EU’s energy consumption to 42.5% by 2030, with each member state contributing to the goal. The agreement also includes more ambitious renewable energy targets for the transport, industry, buildings […]
EU agrees on higher bar for renewable energy resources – EQ Mag
From biofuels to hydrogen, members of the European Parliament on Thursday agreed on a provisional measure that increases the share of renewables to as high as 45% by 2030. A climate law in the European Union requires member states to cut greenhouse gas emissions in half by 2030 as part of a goal to establish […]
EU seeks closer energy ties with Algeria: Borrell – EQ Mag
European governments, scrambling to find alternatives to Russian gas since last year’s invasion of Ukraine that has sent prices soaring, have turned to Algeria instead ALGIERS : The European Union’s foreign policy chief Josep Borrell on Monday during a visit to Algeria called for stronger energy cooperation with Africa’s top gas exporter as well as […]
EU opens door to ‘green’ nuclear-derived hydrogen – EQ Mag
Hydrogen is central to Europe’s plans to decarbonise heavy industry BRUSSELS : The European Commission published rules on Monday that could allow some hydrogen produced in nuclear-based energy systems to count towards EU renewable energy goals, signalling a win for pro-nuclear France. Hydrogen is central to Europe’s plans to decarbonise heavy industry, and the rules […]
Hydrogen is changing power dynamics in energy sector – EQ Mag
As the EU tries to finalize its hydrogen rules, Asian countries are moving fast to secure deliveries and the US is committing money to set up local supply chains. Can the Middle East collaborate with both continents? The momentum behind hydrogen has remained strong over the past year, but unexpected twists are changing what insiders […]
The EU has approved a €28 billion German renewable energy scheme – but is it fair? – EQ Mag
The EU has approved a €28 billion German renewable energy scheme. The policy is aimed at rapidly expanding use of wind and solar power. It is designed to deliver Germany’s target to produce 80 per cent of its electricity from renewable sources by 2030. Replacing an existing renewables support scheme, it runs until 2026. The […]
EU should loosen green tech state aid rules: von der Leyen – EQ Mag
European Commission President Ursula von der Leyen on Wednesday proposed to EU leaders that there should be a loosening of state aid rules in renewable energy and clean-tech in response to high energy prices and a U.S. subsidy law that threatens European industries. In a letter to European Union leaders meeting in Brussels for a […]
Siemens, others call for only zero-emission freight trucks to be sold in EU – EQ Mag
More than 40 manufacturers, shippers and industry groups including Siemens, Maersk and Unilever called on the EU on Thursday to mandate that all freight trucks be zero-emission models by 2035. In a letter published on Thursday the group said its signatories “urge the European Commission to set all new freight trucks on a path to […]
EU demands rapid fix from U.S. to green subsidy law – EQ Mag
“These are no easy discussions, but they must produce concrete solutions,” he said, adding that in the current geopolitical context, with Russia’s war in Ukraine, partners should build alliances in important sectors such as renewables and batteries. Some ministers earlier expressed hope for a solution by the Dec. 5 meeting, but Dombrovskis said the taskforce […]