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Lawmakers slam EU support for fossil gas projects undermining Green Deal
Energy projects that are incompatible with Europe’s climate goals are about to be granted priority status by the European Commission, EU lawmakers warned on Thursday (11 November).
Gas companies in Europe made €4 billion from energy crunch: report
European gas transmission operators and their parent companies made €4 billion in profits in the first six months of 2021, even as the energy crisis was beginning to bite, according to analysis by the NGO Global Witness.
Campaigners ring alarm over EU funding for gas projects through the back door
The European Commission last week published an updated methodology to assess which gas infrastructure projects will be eligible to receive EU funding, triggering warnings by environmental groups and a senior member of the European Parliament.
EU failed to properly assess climate risk of gas projects, watchdog says
The European Commission granted priority status to natural gas projects without properly assessing their impact on climate change, the European Union's Ombudsman said in a decision on Tuesday (17 November).
Ombudsman opens inquiry into EU Commission’s gas stance
The EU Ombudsman announced on Thursday (13 February) it has opened an inquiry into the European Commission’s catalogue of priority energy projects, after green activists lodged a complaint about the inclusion of new gas infrastructure on the list.
Parliament backs EU list of energy projects, ignoring Greens
The European Parliament voted overwhelmingly on Wednesday (12 February) against a motion to reject a proposed list of priority energy projects, ignoring the demands of Greens and leftists who warned against funding new gas infrastructure that risks being stranded as Europe moves to a zero-carbon economy.
MEPs urge reviewing EU list of energy projects in light of Green Deal
Members of the European Parliament have written to the European Commission, voicing concern that EU spending on LNG and other gas projects “may not be in line with the Union’s climate commitments under the Paris Agreement”.
EU clarifies fossil fuel stance: ‘No lock-in into natural gas’
When European Union leaders signed off on a pledge to reach “climate neutrality” by 2050, they also eventually rang the death knell of the natural gas industry as we know it.
Billions to be wasted on ‘unnecessary’ gas projects, study says
Europe does not need new gas infrastructure to safeguard security of supply, according to a new study by industry consultants Artelys, which warns that there is a risk of €29 billion being wasted on 32 mostly “unnecessary” gas projects.
EU continues to support France-Spain gas link, despite setback
The gas interconnector between France and Spain remains a project of common European interest eligible for EU funding, the European Commission has said, despite a decision by French and Spanish regulators who rejected a key section of the planned pipeline.
Row threatens to delay end to energy isolation of Crete, Cyprus
A long-awaited EU project that could put an end to the energy isolation of Cyprus and the Greek island of Crete is under threat due to a dispute between the parties involved. But the European Commission does not want to “point fingers” at anybody.
Study for EU questions France-Spain gas pipe plan
A report prepared for the European Commission has questioned the economic viability of plans to build a gas pipeline connecting Spain and France, designed in part to help reduce Europe’s reliance on Russian piped gas, five sources told Reuters.
Croatia to unveil results of LNG tender in late May
Croatia will reveal on 28 May the results of a tender to use the capacity of a planned liquified natural gas (LNG) terminal, according to the company in charge of the project. The results may well determine the viability of the project, which has been in the making for over a decade.
Croatia’s gas import dreams continue to prove controversial
Croatia’s long-held plan to import liquified natural gas and become an EU energy hub has moved forward this year. But problems persist, even after a government-appointed committee said an LNG terminal would have no negative impact on the environment or economy of the island of Krk. EURACTIV reports from Croatia.
MEPs take big step towards energy market reform
MEPs have decided to impose strict rules on mechanisms often used as coal power subsidies and to support small-scale renewable energy producers. But the European Parliament now faces the fight of its life to convince member states of its ambitious position.
EU bank approves largest ever energy loan, for TAP pipeline
The European Investment Bank on Tuesday (6 February) approved its largest ever single loan to an energy project: the Trans-Adriatic Pipeline (TAP). The €1.5 billion grant will be used to bring gas from the Black Sea to the Mediterranean.
11 member states smash 2020 renewables targets early
Eleven EU countries have already met their 2020 renewable energy goals ahead of schedule while the bloc as a whole has reached 17%, just shy of the overall target with two years to go, according to new data from Eurostat.
EU’s energy project list denounced by unimpressed MEPs
A proposed list of priority energy projects drawn up by the European Commission is coming under intense scrutiny by MEPs, some of whom accuse the EU executive of focusing too heavily on fossil fuel projects. The most critical voices plan to launch a landmark objection to the list.