The European Commission’s proposed renewable energy financing mechanism would enable wealthier EU nations to fund clean energy projects in poorer neighbors rich in solar potential.
An initial intent to commission 28 local solar-plus-storage networks has now been stated as comprising “around 20” mini-grids, with delivery expected this year, rather than by the middle of the year.
With the Polish government planning to commission five gas power plants over the next five years, London-based thinktank Carbon Tracker has estimated just how costly the move will be, compared to deploying solar plants and energy storage instead.
The European Commission wants to introduce legislation to back semiconductor research and to address the immediate problem of supply chain bottlenecks by drumming up more than €43 billion, with member states and the private sector expected to contribute.
Mario Draghi’s administration has replaced market-driven electricity prices for the rest of the year and replaced them with tariffs based on historical averages. With solar plant operators among those affected, the European trade body for PV is not amused.
The latest numbers released by EU data body Eurostat indicate renewables, including hydropower, contributed 37% of Europe’s gross electricity consumption in 2020, up from 34% a year earlier.
A preliminary ruling by the European Court of Justice states panel makers should not be responsible for electrical waste management costs in a seven-year period as the rules in place before the EU’s WEEE directive entered force, in 2012, permitted member states to place the obligation on panel users instead. The resulting change in law, in some states, cannot be applied retroactively, under EU legal rules.
A speech delivered by the European Commission’s executive VP for the European Green Deal reiterated the EU executive’s belief natural gas will play a part in the energy transition, 24 hours before a member of an advisory panel hit out at plans to deem gas and nuclear sustainable energy sources.
The Platform on Sustainable Finance was unstinting in its criticism of a suggestion made by the EU executive on New Year’s Day, that the divisive energy sources be considered eligible for support in the bloc.
Brussels has asked interested parties how the permitting process for renewable energy sites can be simplified across the EU and how private PPAs can be made more attractive. Respondents can submit their thoughts until April 12.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.