Energy transition

OpinionPromoted content
Energy 16-10-2019

Europe’s just energy transition

The transformation of the Polish energy sector is one of the biggest challenges that Poland’s economy is facing right now. This is why the members of the Polish Electricity Association (PKEE) are, already today, commencing proactively several initiatives aimed at...

The EU needs to fully unlock the potential of natural gas to deliver its Green Deal

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Nord Stream 2 will contribute to achieving the EU's ambitious, climate-friendly energy transition while safeguarding competitiveness, affordability and prosperity for European households and businesses.
Climate change 09-10-2019

Timmermans gets broad support at Parliament hearing: the main points

Frans Timmermans passed his European Parliament hearing with flying colours on Tuesday evening (9 October) and was confirmed the following day as Ursula von der Leyen’s climate paladin from 1 November. Here are the main talking points.
Energy 08-10-2019

Germany’s steel industry not changing practices despite pressure to go green

Germany's energy-intensive steel industry needs to reinvent itself so that it can meet European climate targets and remain competitive. However, there is still a long road to go before the sector goes green. EURACTIV Germany reports.

Germany shuns EU letter calling for higher climate goals

A group of eight EU countries has sent a letter to the incoming European Commission of Ursula von der Leyen, calling on the bloc to raise its climate ambition from a current 40% emissions reduction to a 55% cut by 2030, EURACTIV has learned.
Energy 07-10-2019

Will Germany block EIB plans to ditch natural gas?

The European Investment Bank wants to purge its loan books of fossil fuels, including natural gas, by 2020. Although the Bank's final decision is expected to be delivered on 15 October, resistance, especially from Germany, is brewing. EURACTIV Germany reports.
Energy 04-10-2019

European cities share heating decarbonisation tips

Cities with decades-old combined heat and power systems are emitting less carbon than others, and EU policymakers are looking at how to emulate this across the bloc.
Climate change 03-10-2019

Germany and Netherlands sign joint declaration of intent on energy transition

Following the Dutch government's Berlin visit on Wednesday (2 October), Germany and the Netherlands signed a joint declaration of intent laying out a common energy transition plan, as well as closer cooperation in the areas of defence and asylum policy. EURACTIV Germany reports.

Future of gas

Last year, the European Commission started working on a new package of legislation for the gas sector. With the "European Green Deal" now coming up, and updated climate targets in the pipeline, the initiative is set to take a new dimension, focusing on decarbonisation strategies for 2030 and 2050.
Electricity 01-10-2019

German power giant RWE, Europe’s biggest emitter, aims for zero carbon by 2040

German energy giant RWE said Monday (30 September) it aims to achieve carbon neutrality by 2040, winding up fossil-fuel activities while building up renewable generation, after taking over parts of competitor E.ON.
Energy 26-09-2019

A strait at boiling point

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The Strait of Hormuz, the site of recent military conflicts between Iran, Saudi Arabia and the United States, sees a quarter of the world's oil consumption pass through it each year. If Persian Gulf oil exports are disrupted because of a conflict, how much will Europe be affected?
Global Europe 26-09-2019

Trade unions call for ‘new social contract’ to drive energy transition

The transition to a climate neutral economy will have a massive impact on all sectors and their workforce. But trade unions believe a “new social contract” can help engage workers in the transformation, and push the transition forward instead of holding it back.
Climate change 24-09-2019

Russia formally joins Paris climate pact

The world’s fourth largest emitter, Russia, has formally adopted the Paris Agreement, drawing an end to months of national tensions on the subject. EURACTIV's media partner Climate Home News reports.

Germany expects tough EU talks on energy taxes to counter climate change

Germany expects tough negotiations on the introduction of new energy taxes in the European Union, a senior official said on Thursday (19 September), as the bloc considers higher prices for carbon emissions as a way to achieve its climate protection targets.
Climate change 19-09-2019

Global decarbonisation efforts ‘stall’, pushing climate goals out of reach

Global decarbonisation efforts will need to be seven times greater if the world is to stand a fair chance of limiting global warming to 1.5C, according to a new PwC report which found decarbonisation has slowed to its lowest level since 2011. EURACTIV's media partner edie.net reports.
Special ReportOpinionPromoted content
Circular economy 18-09-2019

The EU should foster true circular business models

Aluminium is by nature a circular and thus permanent material. All solutions that keep aluminium in the loop are worthwhile to consider because the metal we preserve today will likely remain in service forever.
Climate change 11-09-2019

Energy transition ‘happening fast but not quickly enough’ to stop planet heating: report

The remaining carbon budget to limit global warming to 1.5°C will be exhausted as early as 2028, even as the transition to low-carbon energy gains momentum, according to risk management firm DNV GL, which calls for “extraordinary policy action” to lower emissions.
Climate change 09-09-2019

EU countries have ‘no concrete plans’ to phase out fossil fuel subsidies: report

Not a single EU member state has so far spelled out a comprehensive plan to phase out fossil fuel subsidies, despite a commitment taken at the G20 ten years ago to eliminate them, according to a fresh analysis of the bloc’s 28 National Energy and Climate Plans.
Energy 06-09-2019

Oil and gas companies risking $2.2trn in stranded assets during low-carbon transition, report warns

Since 2018, oil and gas companies have spent $50bn (€45.3bn) on investment projects that undermine the Paris Agreement, with a new report from think tank Carbon Tracker warning that major companies risk wasting $2.2trn (€1.9trn) on stranded assets by 2030. EURACTIV's media partner edie.net report.
Elections 30-08-2019

Shifting politics raise the stakes in Germany’s state elections

State elections in Brandenburg and Saxony – two coal mining regions in former East Germany – are likely to reverberate across the country, and even Europe, EURACTIV Germany reports.
Energy 29-08-2019

German coal regions to be allocated €40 billion as part of coal phase-out plan

Germany's federal cabinet has presented a bill to allocate €40 billion to some federal states so they can prepare for structural changes related to transitioning away from coal. However, it remains unclear when the power plants will be shut down. EURACTIV Germany reports.
Energy 27-08-2019

How Europe’s war on plastics is affecting petrochemicals

With oil use in cars expected to peak in the mid-2020s, oil companies are seeking shelter in petrochemicals – and plastics – where demand is still going strong. However, even that notion is now being challenged because of a global plastics backlash led by Europe.
Energy 21-08-2019

As the sun sets on oil, the sun will rise on solar power

When shares in Saudi Aramco eventually go public, there will doubtless be a feeding frenzy on what promises to be the largest initial public offering ever seen. More significantly, the move would also signal Saudi Arabia’s recognition that sunset for fossil fuel is just over the horizon, writes Jonathan Gornall.
Energy 30-07-2019

German environmental groups: PtX-tech not ‘necessarily’ climate-friendly

So-called Power-to-X (PtX) technologies are seen as a good way of reducing greenhouse gas emissions because their potential for storing energy could stabilise the electricity grid. However, German environmental groups BUND and the Öko-Institut have criticised the technology. EURACTIV Germany reports.

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LUKOIL’s main activities are exploration and production of oil and gas, refining and marketing of petroleum products and petrochemicals, as well as power generation. In order to reduce environmental impact and make efficient use of resources, LUKOIL has developed renewable energy solutions including hydroelectric, solar and wind generation.

LUKOIL conducts its business in a responsible and sustainable way, seeking to strike a balance between socio-economic and environmental development by supporting communities, contributing to the economy and preserving the environment. The company stringently abides by the highest global environmental standards and shares the principles of the United Nations Global Compact ensuring high levels of occupational safety and health. Taking social responsibility for the efficient use of natural resources in all its earnestness and maintaining favorable environmental conditions in its business, LUKOIL is guided by the highest HSE standards. In its operations LUKOIL pursues the sustainable development principles and seeks to achieve a good balance between socio-economic and environmental development.

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