Norway is getting closer to building the world’s first carbon-free cement plant, a move that could reverberate across the globe as 197 countries meet for the UN's annual climate conference in Katowice, Poland.
With the UK entangled in Brexit, France mired in the "Yellow Vest" movement, and Germany stuck in political quagmire, Europe is not ready to lead global climate talks as the decisive political phase of the UN climate conference opens on Tuesday (11 December).
Under pressure from regulators, truck makers have softened their criticism of Europe’s first-ever regulation on CO2 emissions from heavy-duty vehicles, focusing their comments on the lack of recharging infrastructure in cities and motorways.
Work on revamping the EU’s electricity market could wrap up on Wednesday (5 December), when negotiators are set to finalise new rules that will help activate energy laws that have already been brokered.
A proposal to limit cross-border electricity flows is one of the last sticking points in the EU’s proposed power market reform, as Berlin pursues a 75% limit on interconnector capacity made available for trading, lawmakers have said.
Miguel Arias Cañete, the EU Commissioner for climate action and energy, had an unpleasant message for the gas industry when he presented the European Commission’s 2050 vision for a “climate neutral” economy earlier this week.
A group of sixteen European energy companies including France’s EDF, Germany’s E.ON, and Denmark’s Ørsted, have proposed introducing a carbon price floor at European or regional level, as a way to the speed up the transition to a low-carbon economy.
The impact of the transition to net-zero emissions will be positive for the European economy as a whole, despite the significant additional investments it will require, the European Commission says in its 2050 climate strategy, due to be unveiled later today (28 November).
Protests against high fuel prices in France have propelled climate policy to the forefront of the political debate, just days before Poland hosts the UN’s annual conference on climate change, with a focus on the “just transition” to low-carbon energy.
The European Commission has started gathering views from EU member states, the packaging industry and online retailers ahead of a comprehensive review of EU rules on packaging waste, part of efforts to boost reuse and recycling rates by 2030.
The European Union is accelerating plans to develop lithium mining and refining capacity on its territory as part of a concerted EU push to develop a strategic value chain for manufacturing electric car batteries inside Europe.
Europeans have to be “very vigilant” that today’s dependency on imported oil and gas is not replaced by dependency on lithium, cobalt, copper and other raw materials that industries need for the green transition, Maroš Šefčovič told EURACTIV in an exclusive interview.
Markets for raw materials have recovered from the 2008 financial crash, fuelled by the continued digital transformation of the economy and the rapid deployment of green technologies. Is the world on track for a repeat of the resource boom seen in the early 21st century?
Whether it’s for heating their swimming pools or to power their air conditioning systems and home appliances, regulated electricity prices “give the greatest potential benefit to richer households” who consume the largest amounts of energy, says Klaus-Dieter Borchard.
Electricity prices regulated by the government are commonplace in Europe, chiefly out of concern for vulnerable consumers. But they also undermine the adoption of innovative demand-response technologies, which are key to integrate higher shares of renewables and electric cars.
UPDATE: EU negotiators reached agreement Monday evening (12 November) on a legal framework for “citizen energy communities” in a deal solar PV manufacturers hailed as a victory for small-scale renewable energy production.
With growing shares of renewable energies added to the system, the dynamic pricing of electricity becomes even more important in order to provide flexibility on the demand side, says Pierre Tardieu. This is why regulated energy prices can only slow the pace of the energy transition, he argues.
The European Commission has renewed its push to phase out regulated electricity prices, arguing they distort the market and slow down the transition to clean energy. But faced with reluctance from EU countries, it has now tabled a compromise based on a common EU definition of energy poverty.
Oil majors are “lagging” when it comes to preparing for the low-carbon energy transition, according to a new report from financial watchdog CDP, which nonetheless praised BP, Eni, Equinor, Total, Repsol and Shell for taking the industry’s lead.
Artificially low energy prices in France are one of the reasons why former state monopoly EDF loses money, says Thomas Pellerin-Carlin. Moreover, regulated prices are useless to protect vulnerable consumers from energy poverty and “almost never leads to low energy bills,” he argues.
Many European countries have placed limits on electricity prices, often justified by consumer concerns about rising energy bills, or to protect households from energy poverty. But regulated energy prices also thwart competition and hinder the deployment of clean energy solutions.
Whether humankind fails or succeeds in keeping the rise in global temperatures within manageable levels, central banks will sooner or later be called upon to act, said Benoît Cœuré, a member of the European Central Bank's (ECB) Executive Board.