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The COVID-19 Crisis Has a Profound Impact Also on the Energy Sector
In three reports published today, the Energy Community Secretariat assesses the current status of financial liquidity of the electricity sector; compiles information about support from International Financial Institutions and commercial banks; and measures...
Can Electricity Decarbonize the Energy Sector?
The energy sector currently accounts for two-thirds of global carbon emissions;
Expedited progress on energy efficiency and low-carbon sources in the energy mix is required to achieve deep decarbonization;
As the...
Energy Community Launches E-Forum for Gas Distribution System Experts
Since 2016, the Energy Community Coordination Platform for distribution system operators for gas (ECDSO-G) convenes twice per year. Following requests for more regular communication and to deepen the level of discussion during...
Oil Price Volatility Will Give a Boost to Renewables
Everyone loves low prices, but what the business community values most of all is predictability. The recent volatility in global oil markets — spearheaded by a fight to the death between Saudi...
Global Energy-Related CO2 Emissions Flattened in 2019, Following Two Years of Increases
Global emission trends
Global energy-related CO2 emissions flattened in 2019 at around 33 gigatonnes (Gt), following two years of increases. This resulted mainly from a sharp decline in CO2 emissions from the power...
Energy Community Calls on the Balkans and Ukraine to Scrutinize Subsidies to Coal
In June 2019, the Energy Community Secretariat published a study on analysing and quantifying direct and hidden subsidies to support the coal sector in Bosnia and Herzegovina, Kosovo*, Montenegro, North Macedonia, Serbia...
Oil and Gas Industry Needs to Step Up Climate Efforts Now
Oil and gas companies are facing a critical challenge as the world increasingly shifts towards clean energy transitions. Fossil fuels drive the companies’ near-term returns, but failure to address growing calls to...
New Division of Shipley Energy to Provide Unique Heating Options for Eco-Conscious Residents of the Northeast and Beyond
YORK, Penn.--(BUSINESS WIRE)--#carbonneutral--Shipley Energy today announced a new division, Harmony Fuels, that will provide the...
Global Use of Coal-Fired Electricity Set for Biggest Fall This Year
The world’s use of coal-fired electricity is on track for its biggest annual fall on record this year after more than four decades of near-uninterrupted growth that has stoked the global climate...
European Investment Bank to Phase Out Fossil Fuel Financing
The European Investment Bank has agreed to phase out its multibillion-euro financing for fossil fuels within the next two years to become the world’s first ‘“climate bank”.The bank will end its financing...
Campaigners Try Again to Stop Norway Drilling for Oil in Arctic
Climate campaigners are taking Norway’s government back to court to oppose its plans to open the Arctic for oil drilling despite a public commitment to tackle the environmental crisis.Greenpeace Nordic and Norway’s...
Oktoberfest ‘Produces 10 Times as Much Methane as Boston’
For the millions of people who descend on Munich for the annual bash, Oktoberfest is a celebration of beer, bands and bratwurst.But as the dust settles for another year on the world’s...
41 European Mayors Declare Support for a Just Transition from Coal
A group of 41 mayors from 10 coal regions in 9 European countries are launching a statement supporting a just transition to the post-coal era. Two of the mayors - from the...
Australian Power Stations Among World’s Worst for Toxic Air Pollution
Power stations in Victoria’s Latrobe Valley and New South Wales’s Lake Macquarie region have been named on a list of the world’s biggest hotspots for toxic air pollution.A new report by Greenpeace,...
Oil Market Report: Economic Woes Hold Sway Over Geopolitics
While geopolitical tensions in the Middle East Gulf remain high, with US sanctions recently extended to more Iranian officials and a Chinese oil importer, as well as another tanker seizure, oil prices...
Berkeley Became First US City to Ban Natural Gas
Berkeley this week became the first city in the United States to ban natural, fossil gas hook-ups in new buildings.The landmark ordinance was passed into law on Tuesday, after being approved unanimously...
