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Greece-Bulgaria gas interconnector operational from 1 July

The gas connection between Bulgaria and Greece will start operating on 1 July, with Bulgaria poised to receive one billion cubic meters of gas from Azerbaijan – enough to meet the country’s...

European Commission And International Energy Agency In A Common Bid To Reduce EU Reliance On Russian Fossil Fuels

The European Commission and the International Energy Agency are joining forces to help EU countries reduce their reliance on Russian fossil fuels.  By strengthening investments in clean energy and energy efficiency, the project...

Four Key Climate Change Indicators Break Records in 2021

Four key climate change indicators – greenhouse gas concentrations, sea level rise, ocean heat and ocean acidification – set new records in 2021. This is yet another clear sign that human activities...

REPowerEU: A Plan to Rapidly Reduce Dependence on Russian Fossil Fuels and Fast Forward the Green Transition

The European Commission has presented the REPowerEU Plan, its response to the hardships and global energy market disruption caused by war in Ukraine. There is a double urgency to transform Europe's energy system: ending the...

Kick-off Ceremony Held for Realization of Alexandroupolis FSRU in Greece

The kick-off ceremony for the realization of Gastrade SA's LNG FSRU facility in Alexandroupolis, Greece, was held on Tuesday, May 3, 2022, in the old Storage House of the Alexandroupolis Port Customs. Once...

Let’s Listen To What The Wind Tells Us

The language of the wind is simple. However, although every whistle tells us “healthy environment”, “unlimited green kilowatts”, and “energy stability”, investments in dirty technologies and fossil fuels are still going on. The...

The Future of Solar Energy in Europe

SolarPower Europe is the leading European association for solar energy, founded in 1985. This association represent over 250 companies and organizations across the entire solar value chain; from solar manufacturers, to installers...

Speed Up Green Transition to Break From Russian Fossil Fuels, Say 11 EU Countries

Europe must speed up the rollout of renewable energy and energy efficiency measures in response to Russia’s invasion of Ukraine, according to eleven EU countries. The invasion of Ukraine put a spotlight on Europe’s...

Eight Actions to Solar-Power EU Energy Independence

On March 31st the international solar community gathered in Brussels for the SolarPower Summit. In light of the Russian war on Ukraine, the Summit publicly launched a landmark paper on the necessary,...

Support Shifts Away from Fossil Fuels Despite Rising Energy Prices, Survey Finds

According to a new survey, there is strong global support – across all countries and demographic groups – for the energy transition to move away from fossil fuels. A majority of consumers worldwide...

RePower EU with Solar: The 1 TW EU Solar Pathway for 2030

Following on from their ‘toolbox’ on high energy prices in 2021, today the European Commission set out a highly anticipated RePower EU Communication that seeks to address the dual energy security and...

The Joint Technical Committee Meets to Review Oil Market Conditions

The Joint Technical Committee (JTC) of the Declaration of Cooperation (DoC) held its 60th Meeting today via videoconference to examine the latest developments in the global oil market. The OPEC Secretary General, HE...

Europe: Electric Car Sales Surpass Diesel

In a milestone for the environment, Europeans purchased more electric cars than those powered by diesel last month. According to recent data, over 20 percent of new cars sold in Europe and...

Hydrogen Economy Hints at New Global Power Dynamics

Rapid growth of the global hydrogen economy can bring significant geoeconomic and geopolitical shifts giving rise to a wave of new interdependencies, according to new analysis by the International Renewable Energy Agency...

Surging Electricity Demand is Putting Power Systems Under Strain Around the World

Global electricity demand surged in 2021, creating strains in major markets, pushing prices to unprecedented levels and driving the power sector’s emissions to a record high. Electricity is central to modern life...

EBRD Green Finance in 2021 Hits Record 51 Percent of 10.4 Billion Euros Total

The EBRD’s green financing hit a record 5.4 billion euros, or 51 percent, of total business volume of 10.4 billion euros in 2021. “These excellent results underscore the Bank’s strong dedication to continuing...

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