Climate policy packages, like the “Fit for 55” package that the European Union (EU) has introduced as part of the European Green Deal, are become more extensive and ambitious as countries start to step up their climate goals. This strategy…
EU to “decouple” the costs of gas and renewable energy
As part of an overhaul of the bloc’s energy strategy, the European Union intends to uncouple market prices for gas and renewable energy sources in the near future. According to an article published by the Financial Times today, Brussels wants…
As a result of the energy crisis, Europe may be forced to deindustrialize
In spite of record-setting prices, a significant reduction in the supply of Russian gas, and a liquidity crisis on the energy market, the European Union has been discreetly celebrating a constant fall in gas and electricity use this year. However,…
Most Europeans believe that governments should speed up the transition because of the energy crisis
According to the findings of a survey carried out by the European Investment Bank (EIB), the vast majority of citizens living in the European Union (66%) believe that the conflict in Ukraine and its effect on the price of oil…
The EU generates a record amount of renewable electricity
A study found that ever since the conflict in Ukraine began, the European Union has produced more electricity from renewable sources such as the wind and the sun than it ever has before. Germany also broke the record for the…
Repercussions of the EU’s revenue cap on alternative energy sources
Analysts are warning that the necessary emergency measures taken by the European Union to address the ongoing energy crisis may have unintended consequences for the region's ambitions in the field of renewable energy; however, the impact on power purchase agreements…
European Union countries Squabble Over Price Caps for Gas
The European Union's member states disagreed on Friday in Brussels over whether and how to impose a price ceiling on soaring gas prices, with Germany among those opposed to the action that 15 other nations claimed was necessary to address…
EU countries fight to retain their own energy crisis policies in place
European Union countries are seeking for assurances that they would be able to maintain their own windfall profit levies on energy companies, as well as the flexibility to apply even harsher restrictions in addition to the bloc-wide measures proposed by…
EU gas solidarity is hampered by the absence of fuel sharing agreements
The European Union reached an agreement this week to deal with a gas supply issue, but for it to be effective, member states must develop bilateral pacts to exchange gas, and the majority of them do not currently have such…
Carnegie Clean Energy receives assistance from the European Union for wave power
A contract has been awarded to an Irish subsidiary under the EuropeWave Pre-Commercial Procurement initiative. CETO Wave Energy Ireland, a wholly-owned subsidiary of Carnegie Clean Energy, has been chosen for a contract under the EuropeWave Pre-Commercial Procurement (PCP) initiative. After…