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EU Commission considering higher renewable energy target for 2030
The European Commission is looking to increase the EU’s renewable energy target for 2030 as part of plans due next week, which also include faster permitting rules for new projects and a solar strategy that could make rooftop solar mandatory for all new buildings, according to leaked proposals seen by EURACTIV.
read more... 12/05/2022
China freezes out 12.8GW of overseas coal projects
Despite progress, 19.2GW of coal projects remain in a grey area of China’s “no new coal overseas” policy and could still go ahead, according to analysis from energy think tank CREA.
read more... 09/05/2022
Global LNG demand to more than double to 800mn tonnes by 2050: GECF
Global LNG demand will more than double from 356mn tonnes in 2020 to 800mn tonnes by 2050, "fuelled by solid demand from Asia and a rise in gas use for powering hard-to-electrify sectors", according to the Gas Exporting Countries Forum (GECF).
read more... 09/05/2022
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Electricity market ‘not to blame for current crisis’
The EU’s integrated electricity market has helped mitigate energy prices, bringing benefits estimated at €34 billion per year, according to a report by the EU’s energy regulators, who outline 13 measures to alleviate the ongoing price crisis.
read more... 29/04/2022
Electricity exchanges urge Spain, Portugal not to act alone on power prices
Power trading platforms are urging the Spanish government not to intervene alone in the system that sets the price of electricity, in its bid to bring down sky-high utility bills, according to a letter seen by Reuters.
read more... 27/04/2022