The International Energy Agency (IEA) says it is the 'largest supply disruption in history'. With the disruption expected to have a lasting impact on prices, governments around the world have introduced measures to limit the impact on consumers and the economy.
The circular economy is not just a trend-it's a necessity for sustainable industrial and economic growth. However, investors often face challenges such as 'death by pilot,' regulatory hurdles, and the gap between technical readiness and market entry.
Stegra has agreed in principle on €1.4 billion in new financing to complete the construction of what would be the world's first large-scale green steel plant, located in Boden in northern Sweden.
The village deliberately chose to spend solar income on welfare rather than individual dividends, a decision Jeon says residents made themselves rather than being persuaded. If you divide money as individual income, people feel disconnected.
The Society of Motor Manufacturers and Traders is calling for UK-built vehicles, components and batteries to be granted equivalent status to EU-made products under the proposed 'Made in Europe' framework, arguing that the current draft risks undermining a deeply integrated cross-border industry.
We say yes to fields of wheat, and we say no to fields of iron! Jernmarker, or iron fields, was chosen as the Danish word of the year in December after the solar backlash swayed municipal elections and prompted some councils to pull projects.
Solar and wind power provided more electricity than coal and gas last year, leading a global trend, said think tank Ember. Solar and wind power outperformed fossil fuels in the European Union for the first time last year, a new high watermark on Europe's transition to green and autonomous energy. The two sources of energy generated 30 percent of EU electricity, compared with 29 percent for coal and gas, Ember, a global energy think tank, said on Thursday in its European Electricity Review.
Under the agreement, the EU will halt imports of Russian liquefied natural gas (LNG) by the end of 2026 and of pipeline gas by September 30, 2027. Under the law, that end date can be moved back to November 1, 2027, if a member state is having difficulties reaching its required gas storage levels with other sources ahead of the winter heating season.
Many planned projects have been delayed or scrapped. Adrian Odenweller and Falko Ueckerdt at the Potsdam Institute for Climate Impact Research in Germany tracked 190 projects globally that were due to begin operating in 2023. The researchers found that only 7% of these had begun operations as scheduled.
While the previous law required most newly installed heating systems to use at least 65% renewable energy, often with a heat pump, the reformed legislation will allow households to keep using oil and gas. It also removes a mandate for expert consultation when installing a new heating system.
