Latest news
Tax windfall profits of energy firms to raise money for green investments
The European Commission will propose that EU countries tax profits made from recent gas price spikes and use it to invest in renewable energy and energy-saving renovations, sources familiar with the matter told Reuters on Monday (28 February).
read more... 02/03/2022
Spain calls on EU to endorse renewable energy contracts for industry
As eldiario.es reported, the Spanish government has called on the European Investment Bank (EIB) to provide financial guarantees for long-term fixed-price supply contracts for renewable energy, known as Power Purchase Agreements (PPAs).
read more... 14/02/2022
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New Polish gas plants will cost taxpayers billions, derail green transition
Poland’s plans to build five new gas power plants will cost more than investments into renewables and undermine efforts to reach net zero emissions, according to financial think tank Carbon Tracker.
read more... 11/02/2022
EU has failed to create gold standard for green finance
European countries and companies could end up defining their own standards on green investments if Brussels fails to impose the "gold standard" and classifies spending on gas and nuclear energy as sustainable, a Spanish minister said on Wednesday.
read more... 10/02/2022
Bulgaria welcomes Greek LNG terminal decision for diversification of supply
The company in charge of building the Greece-Bulgaria gas interconnector hailed on Tuesday (1 February) the final investment decision on developing a liquefied natural gas (LNG) terminal off the Greek city of Alexandroupolis as a major chance for increasing the capacity of the gas link between the two Balkan countries.
read more... 03/02/2022