European Union lawmakers gave their final approval on Tuesday to legally binding targets to expand renewable energy faster this decade, a central part of Europe's plans to curb climate change and shift away from fossil fuels.
read more... 13/09/2023
Europe's gas consumption is down by between 10% and 15% compared with the decade before Russia's invasion of Ukraine, as high prices enforce a sharp reduction in fuel use especially by energy-intensive manufacturers.
read more... 13/09/2023
BP plans to invest up to 10 billion euros ($10.7 billion) in low-carbon fuels, renewables and EV charging in Germany by the end of the decade to rival local power firms, as competition over the energy transition of Europe's largest economy intensifies.
read more... 13/09/2023
The European Commission has proposed making the EU's scheme for joint gas purchases permanent, after demand exceeded expectations in the policy's first tenders to seek non-Russian fuel, a document showed and officials told Reuters.
read more... 06/09/2023
In addition to overall direct cost savings, there are other “substantial economic benefits” associated with reducing CO₂ emissions and dependence on fossil fuels.
read more... 01/09/2023