World Energy Council’s Post

Deal or no deal? In the coming days the European Council will discuss what should be the strategic priorities in the next EU mandate from 2024-2029.   Along with more than 500 cross-sector organisations, we are urging EU leaders to confirm the Green Deal as a strategic priority in the next EU mandate in a joint statement. The EU Green Deal is the foundation of a competitive, secure, modern, and efficient Europe.   Our request is to prioritise decarbonising heat and to increase the share of renewable heat sources such as geothermal. This not only helps in achieving climate targets but also significantly contributes to energy security, competitiveness, and value creation in the EU.   Let’s not gamble on our future, let’s build it.   Read the full joint statement on this link 👉 https://lnkd.in/ePbQtgEe #GreenDealforEU

🌍⚡️ Latest Energy News Update! ⚡️🌍 We're excited to share some significant developments in the European energy sector: 1️⃣ European Coalition for Energy Efficiency Financing: The European Commission launched this coalition to boost investments in energy efficiency and meet the EU's Green Pact goals for 2030 and 2050. Collaboration among Member States, financial institutions, and the Commission is key to creating an investment-friendly framework, as emphasized by Commissioner Kadri Simson.  🌱💶 2️⃣ “Shedding Light on Energy in Europe” Report: The 2024 report reveals the EU produced 37% of its energy and imported 63%. Renewables lead the energy mix at 43%. Oil and petroleum products dominate imports at 63%, and petroleum products make up 37% of final energy consumption. 🔋 3️⃣ Climate-Neutral Buildings by 2050: EU MEPs approved plans to reduce energy consumption and emissions from buildings, aiming for climate neutrality by 2050. New buildings must be zero-emission by 2030, and fossil fuel-based heating systems will be phased out by 2040. Exemptions are planned for agricultural and heritage buildings. These initiatives highlight the EU's commitment to a sustainable and energy-efficient future. 🌱🔋🏠 #EnergyNews #SustainableEnergy #GreenFuture #EUInitiatives #RenewableEnergy #EnergyEfficiency #ClimateAction

The national energy and climate plans (NECPs) outline how the EU countries intend to address the 5 dimensions of the energy union: - decarbonisation - energy efficiency - energy security - internal energy market - research, innovation and competitiveness This approach requires a coordination of purpose across all government departments and it provides a level of planning that will ease public and private investment. EU countries are required to submit their final updated NECPs by 30 June 2024, taking into account the Commission's recommendations and individual assessments.

⚡️ State of the Energy Union 2024: Key Findings and Future Directions 🔍 The State of the Energy Union published by the European Commission yesterday shows that, in 2022, the EU saw a notable decrease in primary energy consumption, falling by 4.1%, signalling a positive trend towards our climate goals. However, to meet the ambitious target of an 11.7% reduction in final energy consumption by 2030, the EU must ramp up its energy efficiency efforts. The report rightly underscores the urgent need to prioritise energy efficiency as a cornerstone of EU policy. In the coming years, it will be crucial to continue advancing the implementation of the Fit for 55 package and to address the forthcoming challenges for the Energy Union, notably in the Clean Industrial Act. Despite these priorities, recent discussions and reports have not sufficiently highlighted the role of energy efficiency, which will be a pivotal element in reaching EU climate goals and in enhancing EU competitiveness and energy security. Focusing on energy efficiency is and will be essential for paving the way towards a sustainable and secure energy future. Full report here 📝: https://lnkd.in/dWvS5FKz #EnergyUnion #EnergyEfficiency #EUClimateGoals #SustainableFuture

📅 On 4 October, the second @Australia-United States Clean Energy Ministerial Dialogue was held by Minister for Climate Change and Energy, Chris Bowen and United States Secretary for Energy, Jennifer Granholm. The dialogue was held on the margins of the G20 Energy Transitions Ministerial in Foz do Iguacu, Brazil. 📍 Marking a year since the inaugural Clean Energy Ministerial Dialogue, Ministers issued a joint statement. 🗓 The statement highlights significant progress made under Climate, Critical Minerals and Clean Energy Transformation Compact since Leaders met in Washington in October 2023. The Compact is the primary vehicle for elevating climate and clean energy cooperation under the third pillar of our alliance. 🔸 Key progress includes ⚙ Commencing 2 jointly funded projects under the Net Zero Technology Acceleration Partnership on grid modernisation and integration Committing to sign a MoU between AReNA and the U.S. Department of Energy (DOE) this year Renewing the CSIRO-NREL MoU Establishing ongoing technical exchanges on trade and climate issues, including emissions accounting Intention to hold an inaugural Dialogue on Engaging Tribal and First Nations Peoples in the Energy Transition this year Committing to hold the inaugural Australia-US Clean Energy Industry Council in 2025. 🎯 Ministers also affirmed the ambition for new areas of cooperation including 🖇 Supporting and securing clean solar supply chains, commencing with domestic techno-economic feasibility studies Australia joining the US DoE’s Long Duration Storage Shot, with a view to agreeing joint bilateral projects. Australia and the United States will continue to work together to advance our shared climate and green industrial goals through the third pillar of the alliance. The annual Clean Energy Ministerial Dialogue encourages continued leadership and cooperation on climate change and clean energy between our countries. 📌 Read more: https://lnkd.in/dBREp4wH 📝 See full article: https://lnkd.in/dCq3ZsaK #MinisterialDialogue #Cleanenergydialogue #AustraliaUnitedstatesCleanebergy #Government #Publicpolicies #Partnership

🚨 SPEAKER ANNOUNCEMENT! 🚨 We are excited to introduce Alexandre Affre, Deputy Director General of BusinessEurope, the leading voice for growth and competitiveness at the European level. Alexandre will share insights from their latest study on the energy and climate transition. 🌍 The report stresses the urgent need for a significant scale-up in renewable and low-carbon energy to close the energy price gap between the EU and third countries and reach climate neutrality. However, it also reveals that European energy prices will likely remain structurally higher than those of international competitors, emphasizing the need for additional policy measures to safeguard the competitiveness of European industry. Key recommendations include: 👉 Massively increase the deployment and integration of all renewable and low-carbon energy sources 👉 Close the investment gap 👉 Secure the hydrogen value chain 👉 Introduce measures to close the energy competitiveness gap 👉Foster industrial decarbonization through effective demand-side measures Don't miss out on this opportunity to hear from Alexandre Affre at the 𝐏𝐨𝐰𝐞𝐫𝐒𝐡𝐢𝐟𝐭 𝐒𝐮𝐦𝐦𝐢𝐭. Secure your spot here: https://lnkd.in/d_y9TDYu

Yesterday, @Institute of Development Studies, we explored the topical issue of opposition and resistance to clean energy transition. We broadly focused on several themes including the increasing and uneven burden of the cost of investment in clean energy. My discussion focused on the effect of clean energy transition on those phasing out industries, largely drawing from my ongoing work in Africa. The event was recorded and if this is something of interest to you, here is the link to the discussion https://lnkd.in/exktNX4r

🚨 SPEAKER ANNOUNCEMENT! 🚨 We are excited to introduce Alexandre Affre Deputy Director General of BusinessEurope, the leading voice for growth and competitiveness at the European level. Alexandre will share insights from their latest study on the energy and climate transition. 🌍 The report stresses the urgent need for a significant scale-up in renewable and low-carbon energy to close the energy price gap between the EU and third countries and reach climate neutrality. However, it also reveals that European energy prices will likely remain structurally higher than those of international competitors, emphasizing the need for additional policy measures to safeguard the competitiveness of European industry. Key recommendations include: 👉 Massively increase the deployment and integration of all renewable and low-carbon energy sources 👉 Close the investment gap 👉 Secure the hydrogen value chain 👉 Introduce measures to close the energy competitiveness gap 👉Foster industrial decarbonization through effective demand-side measures Don't miss out on this opportunity to hear from Alexandre Affre at 𝐏𝐨𝐰𝐞𝐫𝐒𝐡𝐢𝐟𝐭 𝐒𝐮𝐦𝐦𝐢𝐭. Secure your spot here: https://lnkd.in/d_y9TDYu

Neutral Romania in 2050: New Energy Strategy’s Top Priorities and Strategic Objectives #GreenhouseGasEmissions #GHGemissions #NeutralRomania #EnergyStrategy https://lnkd.in/dt4X7zbe