Here’s what’s new in the European Union: ✅ The European Commission authorizes Triton's acquisition of VWS; ☀️ Eurostat reports that solar energy overtook hard coal as an electricity source in 2022; 🌍 Statement by High Representative/Vice-President Borrell and Commissioner Lenarčič on 2024 World Humanitarian Day. Stay informed with our regular updates on key developments within the EU. 🇪🇺 #EUnews #EuropeanCommission #MergersAndAcquisitions #SolarEnergy #Eurostat #WorldHumanitarianDay #EUpolicy
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Just two days ago EU Comission published the web-based report REPowerEU- 2 years on. We have to keep moving! It is like the sentece attributed to Albert Einstein: “Life is like riding a bicycle. To keep your balance you must keep moving." To date, the EU has successfully met most of the ambitious targets set in the REPowerEU Plan and is on good track to achieve the medium to longer-term objectives. Over the past 2 years, the REPowerEU Plan has helped the EU save energy, diversify its supplies, produce clean energy and smartly combine investments and reforms. EU has to keep moving, not only to fulfil the targets but also to keep the balance, the energy and environmental balance. #EU #repowereu #energy #renewable #renewableenergy #Eucomission https://lnkd.in/dKun-QYm
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As Cuba enters almost a full week of their current energy crisis, there is a great report out from Environmental Defense Fund that came out in April of this year that points to the need for renewable integration and policy considerations to advance the Cuba electric sector. report link here: https://lnkd.in/eAv3D888 Massoud Amin H.G. Chissel Lorraine Akiba - would appreciate any perspective from your work/expertise. #outages #energytransition #innovation #futureofenergy Zpryme
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ENTSOG, ENTSO-E and ENNOH board members gathered in Brussels for a joint meeting. The gathering allowed for timely exchanges on the possible cooperation areas for the European #infrastructures for #electricity, #hydrogen and #natural gas, based on their regulatory mandates and within EU climate and energy policies. The discussion prioritised the respective contributions to the EU #competitiveness agenda.
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🚨 Germany's Far-Right AfD Party Proposes Major Policy Shifts 🚨 The Alternative for Germany (AfD) party is making headlines with its bold policy proposals that could reshape Germany's energy landscape and its relationship with the European Union. Key among these proposals is a commitment to part ways with the EU's Paris Agreement and to loosen sanctions against Russia ❗ The AfD advocates for increased imports of natural gas from Russia, particularly through the Nord Stream pipeline. This shift raises critical questions about the future of renewable energy in Germany and across Europe. By prioritizing natural gas imports, the AfD's policies could divert attention and resources away from renewable energy initiatives, potentially slowing down the transition to a more sustainable energy system. How might this affect investments in green energy solutions and the overall commitment to achieving climate goals ⁉️ What are your thoughts on the AfD's proposals and their potential impact on the renewable energy landscape? 💬🌍 *Below is an AI generated photo of Germany as a Renewable Energy haven 😃 #EnergyPolicy #RenewableEnergy #Germany #ClimateChange #Sustainability Source: https://lnkd.in/eqWwj9-c
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Energy cooperation restoration depends on Russia-EC dialog — Bulgarian President The matter depends on the energy policy, Rumen Radev noted BAKU, November 13/ The recovery of energy cooperation with Russia depends on relations between Russia and the European Commission, President of Bulgaria Rumen Radev told TASS. "This issue is between the European Commission and Russia," Radev said on the sidelines of the COP29 conference. The matter depends on the energy policy, the president added. #business #finance #financialservices
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𝗙𝗶𝗻𝗻𝗶𝘀𝗵 𝗰𝗮𝗽𝗮𝗰𝗶𝘁𝘆 𝗺𝗲𝗰𝗵𝗮𝗻𝗶𝘀𝗺 𝗹𝗶𝗸𝗲𝗹𝘆 𝘁𝗼 𝗯𝗲 𝘀𝗲𝗻𝘁 𝗳𝗼𝗿 𝗮𝗽𝗽𝗿𝗼𝘃𝗮𝗹 𝗻𝗲𝘅𝘁 𝘆𝗲𝗮𝗿. A Finnish capacity mechanism – to promote the building of new power plants – is likely to be sent for parliamentary approval next year, said climate and environment minister Kai Mykkänen. Such a scheme could bring more stability to prices by encouraging investments in production technologies that could provide supply when there is no wind. Reporting by Verna Kuusniemi. To read the full news article, click the link in the comment section. #energymarkets #energysector #Finland #powerplants #energyprices
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👏 Major Milestone for Ukraine! Ministry of Economy of Ukraine and the Cabinet of Ministers have approved the National Energy and Climate Plan (NECP) up to 2030, as the EU accession talks began today. This strategic document aligns Ukraine’s environmental, energy, and economic policies with EU standards. "Today's approval symbolizes our commitment to European integration and sustainable growth," said First Deputy Prime Minister Yulia Svyrydenko. 🗝 NECP goals include: 🌍 65% reduction in greenhouse gas emissions (from 1990 levels) ⚡️ 27% renewable energy share 🔄 Diversified energy sources (max 30% from one supplier) 📉 Primary energy consumption capped at 72.224 million toe This achievement, made possible with support from the Energy Community Secretariat, European Commission, and international partners, marks a significant step towards sustainable development and EU integration. For more information read our joint press release👉 https://bit.ly/3L5jv77 🌿Stay tuned for more updates on Ukraine's journey towards a greener future! #EnergyCommunity #Ukraine #NECP #EUIntegration #ClimateAction #Sustainability #RenewableEnergy #GreenFuture
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In #Brussels these days for meetings and conversations. As the new EU Commission awaits formal approval tomorrow and the beginning of its activity on December 1st, expectations are high. As the clock starts ticking on the first 100 days, eyes are on the Clean Industrial Deal promised this summer by Ursula von der Leyen. What does the EU need? Some ideas in my latest piece for the Atlantic Council ‘s Atlantic Council Global Energy Center - https://lnkd.in/dbwaq8Nj #EU #EUcommision #energytransition #EUindustry
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🙌 Hello Banja Luka! 📣 Tomorrow, Bosnia and Herzegovina hosts the informal meeting of the #EnergyCommunity 's Ministerial Council in the northwestern city of Banja Luka. 🤝 This highest decision-making body of the Community brings together government ministers responsible for #energy from each Energy Community Contracting Party and the #EuropeanUnion to discuss the progress made on the integration of the Contracting Parties into the EU’s internal energy market and the Decarbonization Roadmap for the region. Stay Tuned! #ElectricityMarketCoupling #Decarbonization #CarbonPricing
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Incredibly productive week in Warsaw meeting with senior Polish government officials, NGOs, and the US Embassy to discuss Poland’s clean energy and energy security needs, the importance of a pragmatic clean energy strategy, and the Poland-US alliance. It is a vibrant, thriving nation on the frontline of democracy and the clean energy transition.
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