Energy

Lawmakers criticise plan for ‘CBAM reserve’ in EU carbon market reform

An EU lawmaker’s proposal to put aside free pollution permits for industry in case plans to replace them by an external EU carbon tariff fails, has been criticised by his fellow lawmakers in the European Parliament.
Global Europe 19-01-2022

Germany signals it could halt gas pipeline if Russia invades Ukraine

Germany signalled on Tuesday (18 January) that it could halt the Nord Stream 2 pipeline from Russia if Moscow invades Ukraine, and Western nations rallied behind Kyiv over a Russian troop buildup that has stoked fears of war.
19-01-2022

Austria gears up to fight EU ‘green’ nuclear energy plan

As the EU moves to label energy from nuclear power and natural gas as "green" investments, Austria is gearing up to fight this, including with a legal complaint.
19-01-2022

Germany’s ‘hydrogen diplomacy’ under fire in Ukraine

Amidst rising military tensions between Ukraine and Russia, German Foreign Minister Annalena Baerbock’s visit to Kyiv focused on the massive amounts of renewable hydrogen Germany aims to import in the future.
18-01-2022

Living with nuclear power plants at your border

The nuclear industry's announced renaissance to “save the climate” would mean building 600 to 700 new reactors worldwide, significantly increasing the risk of an incident with cross-border implications, write Horst Hamm and Charlotte Migeon.
18-01-2022

Belgium can extend life of nuclear reactors if it acts soon, watchdog says

Belgium's nuclear regulator gave a provisional green light on Monday to extend the life of two of the country's nuclear power reactors and urged the government to make a final decision on the issue in the first quarter of 2022.
17-01-2022

Europe misspent business energy savings funds, auditors say

More than €2 billion of European Union funding to help businesses save energy contributed little to climate change targets and in some cases funded investments that would have happened anyway, auditors said on Monday (17 January).
Global Europe 17-01-2022

US talks to EU energy firms on contingency gas supply in case of Russia conflict

The US government has held talks with several international energy companies on contingency plans for supplying natural gas to Europe if conflict between Russia and Ukraine disrupts Russian supplies, two US officials and two industry sources said.
17-01-2022

German government disavows blue hydrogen

The new German government unveiled plans last week to massively increase the ambition of its national hydrogen strategy. There is just one caveat: fossil gas-based hydrogen likely won't be included in subsidy schemes, despite demands from the oil and gas industry.

‘Misunderstanding’ could block nuclear from claiming green EU label, industry warns

Ambiguities and misunderstandings contained in a draft EU proposal could block nuclear power plants from claiming a green investment label under the bloc's sustainable finance taxonomy, the industry has warned.
Global Europe 14-01-2022

Cruz’s Nord Stream 2 sanctions bill fails in US Senate, Menendez tables alternative legislation

The US Senate on Thursday (13 January) failed to pass a bill to slap sanctions on Russia's Nord Stream 2 natural gas pipeline sponsored by Republican Senator Ted Cruz, a day after Democrats unveiled their own legislation.
14-01-2022

Berlin’s new wind power goals seen clashing with EU bird protection laws

The new German government aims to regain the rapid pace of onshore wind expansion it once had. To do so, it may have to clash with entrenched interests from nature conservation groups.
Global Europe 14-01-2022

Gazprom quizzed on high energy prices, EU’s Vestager says

The European Union's anti-trust chief on Thursday (13 January) said she had asked gas companies including Gazprom about tight supplies after accusations the Russian giant was holding back extra production that could be released to lower soaring prices.

Investors worth €50 trillion call on EU to exclude gas from green finance taxonomy

Fossil gas should be excluded from Europe’s list of sustainable investments, according to a group of climate investors with €50 trillion worth of assets. The group added it was still considering whether to consider nuclear as a sustainable investment.
13-01-2022

Germany leads Europe with target to reach 100% clean power by 2035

Germany’s surprise commitment to decarbonise its electricity by 2035 is a sign of things to come, writes Charles Moore. It is only a matter of time before more countries join Germany, the UK, the US, and Canada, which have set their sights on 100% clean power, he argues.

Lawmaker offers households temporary opt-out from EU’s new carbon market

European Union countries should be able to temporarily remove households from the bloc's planned carbon market for buildings and road transport, according to an early draft of the European Parliament's negotiating position on the policy.
12-01-2022

France’s new-generation nuclear plant delayed again

Electricity giant EDF on Wednesday (12 January) announced a further delay and cost overruns for France's flagship new-generation nuclear plant in a blow to President Emmanuel Macron's strategy of making atomic power a cornerstone of energy policy.
11-01-2022

Germany will likely ‘miss its 2022 and 2023 climate targets’, Vice-Chancellor says

Germany missed its climate target for 2021 and is likely to miss them again this year and next, according to Vice-Chancellor Robert Habeck who said the country “must triple the pace of emission cuts” to reach its 2030 goals.

Lawmaker drafts ‘complete overhaul’ of EU carbon border levy

The EU lawmaker in charge of negotiating Europe’s upcoming levy for carbon-intensive imports has recommended drastic changes, including a quicker rollout and adding more products to the scope of the draft legislation.
Global Europe 11-01-2022

Biden administration calls in on Democrat senators ahead of Nord Stream 2 vote

Several Democratic US senators said late on Monday (10 January), after meeting with Biden administration officials, that they believe sanctions on Russia’s Nord Stream 2 pipeline backed by Republican Senator Ted Cruz could harm relations with Germany. Under Secretary of...
11-01-2022

US gas stocks normalise, warm winter allows LNG exports to Europe

US natural gas stocks returned to normal by the end of last year as a result of an exceptionally mild start to the heating season and high prices, which encouraged coal-fired power generation rather than gas burning.
10-01-2022

Europe nuclear plants ‘need €500bn investment by 2050’: EU commissioner

The European Union will need to invest €500 billion in new generation nuclear power stations from now until 2050, the bloc's internal market commissioner said in an interview published at the weekend.

Brexit decision left UK firms paying 10% more than EU rivals for emissions

Government refusal to link carbon market to EU’s has led to higher cost for British businesses, reports EURACTIV's media partner, The Guardian.
10-01-2022

Greece fumes as Washington loses interest in EastMed gas pipeline

The United States is no longer supporting the construction of EastMed gas pipeline project as Washington’s interest is now switching to renewable energy sources, according to a State Department statement. According to Greek media, the move profits Turkey.