Tag: european green deal

European Commission’s Action Plan for Electricity Grids

To help deliver the European Green Deal, the Commission is proposing an Action Plan to make sure electricity  grids  will operate more efficiently and will be rolled out further and faster. The Commission has already put in place a supportive legal framework for the rollout of electricity grids across Europe. With the EU markets fully integrated, a modernised infrastructure network will ensure citizens and business can benefit from cheaper and cleaner energy.

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Safeguarding the European Green Deal: Briefing

This brief sets out policy proposals to enhance governance in order to safeguard EU decarbonisation. It provides an overview of the development and legal foundation of EU energy and climate change mitigation policy, describes the EU energy and climate governance structure and discusses this structure’s shortcomings.

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Five key action areas to put Europe’s energy transition on a more orderly path

The energy transition could offer broad economic benefits for the European Union—such as increased energy reliability, economic growth, and job creation—for example, by developing supply chains for renewables such as solar-photovoltaic (PV) manufacturing. In addition to reducing CO2 emissions, a successful transition would strengthen the region’s energy security by reducing dependence on fossil fuels and energy imports.

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Green steel for Europe – a path of small steps and giant leaps

Europe’s Green Deal is prompting industries to examine their processes and supply chains to better understand where their CO2 emissions happen and how to shrink the overall footprint. Technology is a key driver in this exercise, helping businesses collect the data they need, not just from their own operations, but also from those of their entire supply chain. Businesses need data to know their steps take them in the right direction.

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Green Deal Industrial Plan: Briefing

The “Green Deal Industrial Plan for the Net Zero Age” (GDIP) is the European Commission’s response to the US’s Inflation Reduction Act (IRA). The US passed their landmark climate bill in the summer of 2022; it is estimated to spend $369 billion on climate over the next decade. Constrained by time pressure, challenging political circumstances and with the end of its mandate approaching rapidly, the Commission published the GDIP communication on 1 February 2023.

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European Green Deal and society: Briefings

As the transition to climate neutrality starts to impact people’s lives and livelihoods, it is no longer possible – or prudent – to see green and social priorities in isolation. Yet, for the EU, there is more to this task than ensuring the European Green Deal manages its social impacts. What remains to be determined are the practical ways in which “the social” and “the green” can positively reinforce each other.

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Top Problems for Renewables in Europe: Briefing

While the draft REPowerEU strategy identifies environmental regulation as the main obstacle to the uptake and upscale of renewables in Europe, the real bottlenecks proved to lie elsewhere. European Environmental Bureau analyses in this policy briefing what are the real top 10 barriers to renewable energy, which are related to lack of skilled professionals, grid connections and resource allocation.

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We need to work together to widen these bottlenecks: Vattenfall’s Anna Borg

The fundamental problem of discrepancy in demand and supply remains. While the knowledge, capability and capital to provide that additional supply exists, the political will and regulatory frameworks need to widen the bottlenecks and enable all of these to come to market at the earliest. This includes secure supply chains, short permitting processes, provision of land and sea for deploying capacity, and also addressing of social concerns around building these new business opportunities. Thus, removing uncertainties in investment pre-requisites is critical.

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Iberdrola plans to invest €3 billion in green hydrogen projects

Iberdrola, a Spanish energy company, has committed to invest €3 billion in green hydrogen as part of its initiatives to speed up the European Green Deal. The European Green Deal, first agreed upon in 2020, aims for a 55 per cent reduction in greenhouse gas emissions by 2030 and for Europe to achieve climate neutrality by 2050. At the World Economic Forum in Davos, Switzerland, Iberdrola’s chairman announced the investment plan.

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When European Green Deal rhetoric must meet reality

March is a stress test for the European Green Deal. European and national leaders can endorse it as part of the solution to the current crisis, and send a clear political signal of increased ambitions for the Fit for 55 Package. The invasion of Ukraine by Russia raises the importance of understanding and managing the deep entanglement between energy, security and geopolitics. EU and national leaders will have to show strong leadership to actively shape Europe’s course of destiny, not just respond to incredibly tragic events.

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A 10-Point Plan by IEA to Reduce the European Union’s Reliance on Russian Natural Gas

Europe’s reliance on imported natural gas from Russia has again been thrown into sharp relief by Russia’s invasion of Ukraine. The IEA’s 10-Point Plan to Reduce the European Union’s Reliance on Russian Natural Gas includes a range of complementary actions that can be taken in the coming months, such as turning more to other suppliers, drawing on other energy sources and accelerating efforts to provide consumers, businesses and industry with the means to use clean and efficient alternatives to natural gas.

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REPowerEU: Joint European action for more affordable, secure and sustainable energy

The European Commission has proposed an outline of a plan to make Europe independent from Russian fossil fuels well before 2030, starting with gas, in light of Russia’s invasion of Ukraine. This plan also outlines a series of measures to respond to rising energy prices in Europe and to replenish gas stocks for next winter. Europe has been facing increased energy prices for several months, but now uncertainty on supply is exacerbating the problem. REPowerEU will seek to diversify gas supplies, speed up the roll-out of renewable gases and replace gas in heating and power generation.

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Sustainable Corporate Governance: EU’s next Green Deal battle

Europe’s long-awaited legislation for Sustainable Corporate Governance aims to support long-term value creation for companies and corporations. Postponed three times already, it promises to be a battleground for different interests including industry incumbents and climate ambition supporters. The EU’s corporate governance framework is pressingly calling for enhanced traceability, transparency, and accountability of companies’ operations fit for the not-so-distant future. The hopes and stakes for the new rules are high.

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European Commission approves ‘greening’ of gas and nuclear

The European Commission has presented a Taxonomy Complementary Climate Delegated Act on climate change mitigation and adaptation covering certain gas and nuclear activities. The objective is to step up the transition, by drawing on all possible solutions to help us reach our climate goals. Taking account of scientific advice and current technological progress, the Commission considers that there is a role for private investment in gas and nuclear activities in the transition.

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EC Adopts Fifth PCI List: Working towards EU’s net zero climate goals

In November 2021, the EC adopted the fifth list of PCIs, which are critical infrastructure projects for achieving the European Union’s (EU) long-term climate-neutrality goals. The key advantages for the projects approved under the list include streamlined permit granting procedures, faster and better streamlined environmental assessment, a single national competent authority (one-stop-shop) coordinating all permit granting procedures, and eligibility for financial assistance under the CEF in the form of grants and innovative financial instruments.

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Sectors benefitting from Revised EU Guidelines on State Aid for Climate, Environmental Protection and Energy

On 1 January 2022, the revised Guidelines of the European Commission on State aid for climate, environmental protection and energy (CEEAG) entered into force, extending the scope of the previous Guidelines to new areas in order to achieve the goal of reaching climate neutrality by 2050. The CEEAG adapt the conditions which must be met and the processes which must be followed for the Commission to consider state support compatible with EU State aid rules.

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Climate neutrality: Pathways for achieving the European Green Deal objectives

The 14 research projects featured in this CORDIS Results Pack have developed a suite of tools that are able to assess the benefits, costs, risks and trade-offs of climate neutrality strategies. This provides a solid bedrock on which policymakers, business and society can make informed choices about the best route to a greener, cleaner and more equitable future for Europe.

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The European Green Deal is going global: European Commissioner for Energy Kadri Simson

Our goal is to make sure the EU energy system can provide – whatever happens – reliable supply, as it integrates more renewable energy, and reduces the dependence to external fossil fuels suppliers. For these reasons, energy security as one of the five dimensions of the EU Energy Union is a key element of the European Green Deal but also the EU Security Union Strategy.

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