energytransition
The geopolitical upheaval caused by the Russia-Ukraine conflict has reshaped Europe’s energy strategy. The EU's REPowerEU Plan, worth nearly €300 billion, aims to eliminate reliance on Russian fossil fuels by 2027. Central to this strategy is the role of nuclear power in securing energy supplies and supporting the transition to a low-carbon economy. This ambitious strategy places nuclear energy at the forefront of ensuring energy security and meeting climate targets. Notably, fossil-free hydrogen, derived from nuclear power, is set to play a critical role in substituting natural gas. Nuclear p...
Euronews (English)
Ahead of June's vote, Euronews asks voters to name one proposal they would make if they were elected to the European Parliament, and asks candidates what they pledge to do if elected or re-elected. Stay tuned as Euronews will publish more statements every day. Watch the video above to find out more.
Euronews (English)
Europe is working at breakneck speed to achieve the 2030 climate goal to cut emissions by 55% and increase the share of renewable energy to as much as 45%. This week, in time for the second anniversary of REPowerEU, the European Commission published a package of guidelines to help EU countries identify where and how renewables will be deployed in support of the 2030 targets. The package, including detailed guidance for the designation of Renewable Acceleration Areas, as well as updated guidance on permitting and non-price criteria in auction design, comes at a critical time: Europe must go sma...
Euronews (English)
Portugal generated an ‘historic’ 95 per cent of its electricity from renewables in April, according to the network operator REN. Renewable energy generation averaged just below that for the first four months of the year, covering 91 per cent of the nation’s power needs. It’s one national good news story within a great continental shift: fossil fuels provided less than a quarter of the EU’s energy for the first time ever last month. Ember, the clean think tank behind that assessment, also found that more than 30 per cent of the world’s electricity is now generated using renewables. “Solar in pa...
Euronews (English)
The Critical Raw Materials Act (CRMA), recently adopted by the EU Council, paves the way for the European industry to deliver 10% of extraction, 40% of refining and 15% of recycling of key minerals by 2030. The new law identifies two lists of materials — 34 critical and 17 strategic — that are crucial for the green transition. Lithium is one of a small group of highly significant critical raw materials. Why Lithium?Lithium has been classified as a key component in the EU’s quest to ditch fossil fuels and switch to clean energy as the mineral is set to see increased demand for the massive produ...
Euronews (English)
The global transition from fossil to clean energy is well underway in Europe. Since 2012, coal-fired generation in the EU has dropped by almost a third while renewable power has increased from 14.2% to 23% of total generation. By 2021, Belgium, Austria, Sweden and Portugal had entirely stopped burning coal to generate electricity. This trend will only continue: by 2030, around half of European coal power plants are expected to be retired with most European countries planning to fully phase out coal before 2040. These legacy coal assets offer an opportunity. Instead of abandoning coal-generatin...
Euronews (English)
Bulgaria and Poland’s national energy and climate plans (NECPs) are insufficient to make a fair contribution towards meeting EU efforts to limit global heating and ensure a socially fair transition towards a net-zero economy, according to an assessment by the European Commission. The EU executive has been analysing draft energy and climate plans (NECPs) that member states are required to finalise by the end of June, setting out how they intend to comply with the bloc’s 2030 targets, including the overarching goal of cutting greenhouse gas emissions to 55% below 1990 levels. Warsaw and Sofia bo...
Euronews (English)
Europe is not yet on track with its energy transition goals, but it is best positioned to succeed in reaching them, according to French multinational energy management company Schneider Electric. In order for Europe to reach climate neutrality by 2050, it needs to carry out its energy transition through increasing its contribution of renewables and the phasing out of fossil fuels. But the energy crisis that followed Russia's invasion of Ukraine in 2022 led to a setback in the continent's achievements and higher emissions. Talking to Euronews Business at the company's recent innovation summit i...
Euronews (English)
Belgium has warned fellow member states that failure to agree this week to reform “technically obsolete” EU rules setting minimum tax rates for fuels and electricity could delay incentives for a switch away from harmful fossil fuels to cleaner alternatives. In a bid to secure the necessary unanimous support for reforms to EU rules on energy taxation, the current holder of the rotating EU Council presidency has suggested governments should have a largely free hand over whether to tax aviation and shipping fuel, and proposed the agriculture and fishing industries should enjoy tax-free energy. “T...
Euronews (English)
The European Parliament’s energy and trade committees have overwhelmingly backed a proposal by national governments for the EU to withdraw from the Energy Charter Treaty, a post-Cold War international agreement intended to protect investments in unstable formerly communist states. “This is a very important vote and gives also a very clear political message,” MEP Bernd Lange (Germany/Socialists & Democrats) said after the assembly’s draft recommendation was adopted by 58 votes to eight with two abstentions. MEP Anna Cavazzini, a German Green and co-rapporteur for the file, welcomed a “historic”...
Euronews (English)
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