European Green Deal

Often dependent on fuel imports from the mainland and frequently powered by fossil fuels, islands have taken center stage at an online forum which builds on a political process kicked-off by Croatia’s presidency of the European Council.

The promise of hydrogen as the energy source of the future has long been deliberated by manufacturers, climate professionals, and political figures. These discussions have intensified following the European Commission’s economic recovery package, which features a focus on kick-starting a clean hydrogen economy in Europe. Nikolaos Tsiouvaras, R&D director at Systems Sunlight S.A., a Greek manufacturer of industrial and advanced technology batteries for the energy storage industry, explores storage in Europe.

At a press conference today, executives at the European airplane manufacturer explained how it will be possible to have market-ready zero-emission planes within 15 years.

Businesses, supported by the government, will join forces to strengthen their industry and contribute to the European Green Deal through made-in-EU products.

The weeks ahead could prove decisive for the bloc’s decarbonization ambitions as the European Parliament prepares for several votes and legislative proposals from the commission. The European Climate Law and the Just Transition Fund are critical parts of the European Green Deal but remain points of contention at Brussels.

It has been two years since Fotowatio Renewable Ventures won the bid to develop the 55 MW site and with finance finally secured, the build can go ahead.

The European Commission has outlined a long-anticipated plan it says could unlock up to €340 billion for new solar and wind projects over the next decade. The 30-year strategy envisages up to €470 billion being spent on electrolyzer capacity.

With Bulgaria, Poland, Romania and Czechia having dragged their heels over climate legislation for years, BloombergNEF has estimated the most economic route out of the coal habit. It is a path which could see 40% less carbon emissions in 2030 than were recorded last year, with a 47% clean energy power mix.

Plus, there is hope of a bright new dawn with proposed legislative changes in Europe and the U.S. even as the solar equipment industry hits new lows and cyber attacks reportedly increase in frequency.

Hydrogen-fueled aviation has a realistic chance of helping the sector achieve climate goals, according to a European Union-commissioned study.