Latest news
EU’s 2050 net zero goals at risk as EV rollout faces setbacks
The EU needs to rethink its policies to make a 2035 ban on new petrol car sales feasible as electric vehicles (EVs) remain unaffordable and alternative fuel options are not credible, the EU’s external auditor said, jeopardising its 2050 climate goals.
read more... 23/04/2024
EU Parliament approves legal option to block Russian LNG imports
The European Parliament voted on Thursday to pass rules allowing European governments to ban Russian liquefied natural gas (LNG) imports, by preventing Russian firms from booking gas infrastructure capacity.
read more... 12/04/2024
German coalition agrees financing details of hydrogen network
Germany's ruling coalition on Friday agreed a financing mechanism for the country's future hydrogen network, extending a deadline for it to be built by five years to 2037 and offering protection for investors in case of bankruptcy.
read more... 08/04/2024
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Major nuclear projects will have to wait longer for delayed EIB financing
The European Investment Bank (EIB) dealt a major blow to the nuclear industry at last week’s International Nuclear Energy Summit in Brussels, when it dithered over the industry’s request for more funding for nuclear projects, but confirmed that investment in renewable energy will remain a priority until 2030.
read more... 26/03/2024
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EIB approves €700m loan to Iberdrola for grid expansion
The European Investment Bank (EIB) has approved a €700m loan to Iberdrola to expand its electricity distribution network in Spain.
read more... 20/03/2024