EU Cities Can Offer New Opportunities For Prosumers Of Renewable Energy

Credit to Author: Tim Tyler| Date: Mon, 31 Oct 2022 03:26:12 +0000

In a briefing published a few days ago by the European Environment Agency (EEA), it was promoted that European cities can assist in Europe’s shift to a low-carbon future by utilizing urban centers to facilitate urban prosumption. This would offer opportunities for citizens to produce renewable energy as prosumers and accelerate the shift to a […]

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Investment Bank ‘Mobilizing’ up to $115 Billion for Renewables, Energy Storage and More in EU

Credit to Author: Darrell Proctor| Date: Wed, 26 Oct 2022 18:41:25 +0000

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The European Investment Bank Group (EIB Group) said it will support an initial investment of €30 billion ($30.2 billion) in loans and equity financing to move the European Union (EU) away from fossil fuels and toward cleaner forms of energy over the next five years. The EIB board of directors on Oct. 26 said a […]

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Are EV Fleets the Answer?

Credit to Author: David Waterworth| Date: Sat, 22 Oct 2022 13:21:58 +0000

Are fleets the answer?The expected cost reductions for electric vehicle purchases have not eventuated yet. So, are fleets the answer? A recent note from AVERE suggests that the decarbonization of fleet vehicle purchases may accelerate the availability of used electric vehicles in the European market. “The European Association for Electromobility (AVERE) is the association that promotes electromobility and […]

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World Energy Storage Forecast Increased 13% — Thanks, IRA & REPowerEU!

Credit to Author: David Waterworth| Date: Sun, 16 Oct 2022 15:10:36 +0000

Bloomberg New Energy Finance has upgraded its forecast for global energy storage (GES) by 13% thanks to recent developments in the US and Europe. GES currently sits at 50 GW. Bloomberg New Energy Finance (BNEF) is predicting that it will rise to almost 150 GW by 2025, and over 400 GW by 2030. The core […]

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Hungary Adding New VVER-1200 Nuclear Reactors in First for EU

Credit to Author: Darrell Proctor| Date: Fri, 26 Aug 2022 14:18:43 +0000

Hungary’s nuclear energy agency has issued a license for construction of two reactors for Paks II, a power generation project first launched in early 2014 as part of an inter-governmental agreement between Hungary and Russia. Officials said Paks II would be the first nuclear plant in the European Union to use Rosatom’s Generation III+ VVER-1200 […]

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How Europe Can Cut ⅓ Of Its Oil Demand By 2030

Credit to Author: Transport & Environment (T&E)| Date: Wed, 10 Aug 2022 05:00:34 +0000

At the time of Russia’s illegal invasion of Ukraine, it typically supplied one out of every four barrels of crude oil that the European Union imported. These imports contributed significantly to funding Putin’s military aggression against Ukraine. To cut this funding stream, the European Commission has agreed on a ban on imports before the end […]

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