News - page #28

EU Member States agreed Thursday to the European Commission’s proposal to invest €873 million in key European energy infrastructure projects.

A proposed list of priority energy projects drawn up by the European Commission has come under intense scrutiny by MEPs, some of whom accuse the EU executive of focusing too heavily on fossil fuel projects. The most critical voices plan to launch a landmark objection to the list.

Poland’s state-run gas firm PGNiG has signed an agreement with a gas system operator for the transmission of gas from Norway to Poland via Denmark through a planned Baltic Pipe pipeline in 2022-2037, PGNiG said in a statement on Monday.

Saudi Arabia's energy minister urged global oil producing nations on Sunday to extend their cooperation beyond 2018, but said this might mean a new form of deal rather than continuing the same supply cuts that have boosted prices in recent months.

The Canadian Network on Corporate Accountability (CNCA) is greatly encouraged by the Minister of International Trade’s announcement of the creation of a Canadian Ombudsperson for Responsible Enterprise.

Poland is moving forward with plans to build its first nuclear power plant, Polish Press Agency (PAP) quoted energy minister Krzysztof Tchorzewski as reporting on Thursday.

Parliament endorsed committee proposals for binding EU-level targets of an 35% improvement in energy efficiency, a minimum 35% share of energy from renewable sources in gross final consumption of energy, and a 12% share of energy from renewable sources in transport, by 2030.

Political groups in the European Parliament sealed an agreement Tuesday evening (16 January) on a proposed Energy Union governance bill, assigning a strict yet flexible timeline for EU countries to meet the bloc’s 2030 objectives on renewable energy, EURACTIV has learnt.

The Energy Community Secretariat initiated ex officio preliminary dispute settlement procedures against Albania, Bosnia and Herzegovina and Ukraine for the lack of unbundling of the countries’ electricity distribution system operators.  

Investment in clean energy plunged further in Britain than in any other country last year because of government policy changes, new figures show.

Azerbaijan, via its state energy company SOCAR, is ready to engage in Bulgaria’s gasification at its own expense.

The cost of generating electricity from renewable energies is set to reach new lows worldwide, according to projections by the International Renewable Energy Association (IRENA), published on Saturday (13 January).

Russian gas giant Gazprom said this month it had completed record deliveries towards Europe and Turkey in 2017 at a total of 193.9 billion cubic metres – 8% higher than its previous record, set in 2016.

A political agreement on new rules for improving the energy performance of buildings was reached today between negotiators from the European Parliament, the Council and the Commission.

On Monday 11 December Maroš Šefčovič, Vice-President of the European Commission in charge of the Energy Union, Miguel Arias Cañete, Commissioner for Climate Action and Energy and Corina Creţu, Commissioner for Regional Policy will launch a Platform for Coal Regions in Transition.

China is the world’s biggest emitter of greenhouse gases and still invests in coal but in recent years it has become the largest investor in domestic renewable energy.

In just seventeen months - from August 2016 until December 2017 - Polish Oil and Gas Company has delivered over 1 bcm of natural gas to the Ukrainian market.

Germany set a milestone on January 1 by fulfilling all of its power needs that day with renewable energy, with 85 percent coming from wind energy.

German energy consumers were paid to use power over the Christmas period, thanks to a slump in demand, warm weather and plenty of wind power on the grid, trading data shows.