The Commission wants a binding short-term energy savings target for all member states in the current energy crisis, if necessary. According to a new draft for the emergency gas plan, which was available to Europe.Table on Tuesday, the Commission intends to propose that the Council adopt a corresponding regulation today. Parliament would not have to […]
Plans for more gas from the Caspian Sea are taking shape. Currently, 8.1 billion cubic meters (bcm) flow annually from Azerbaijan to the EU; from 2027, this figure is to rise to 20 bcm. A corresponding memorandum of understanding was signed yesterday in Baku by EU Commission President Ursula von der Leyen and Azerbaijan’s President […]
The Commission has approved the first of four waves of the hydrogen IPCEI (Important Projects of Common European Interest). The step concerns 41 projects of the so-called technology wave, including four from Germany. They revolve around technologies for production, transport and use, especially in mobility. “Member states will provide up to €5.4 billion in public […]
Germany may support energy-intensive companies with up to five billion euros in state aid in view of the war in Ukraine. A corresponding regulation was approved by the EU Commission on Thursday. “This means that the energy cost curbing program for energy-intensive industries can start tomorrow,” the Ministry of Economics and Finance announced on Thursday.The […]
With a catalog of recommendations, best practices, and common criteria for industrial shutdowns, Brussels aims to prepare the community of nations for a possible gas shortage in winter. “The Commission’s analysis shows that it would be much more cost-effective to reduce gas demand moderately over a longer period of time and to start doing so […]
Yesterday, the Committee on Industry, Research and Energy (ITRE) adopted the reports on the Renewables and Energy Efficiency Directives. As previously reported, the targets for primary and final energy savings will be raised to 14.5 percent by 2030 compared to expected levels. However, the targets will again be expressed in terms of 2007, rather than […]
Until winter, the Czech Republic and Germany want to finalize the still outstanding solidarity agreement on mutual gas supply. This was announced yesterday by the governments of both countries following a meeting between German Minister for Economic Affairs Robert Habeck (Greens) and his counterpart Jozef Síkela in Prague. The two countries have been negotiating the […]
A new expert group on carbon extraction will begin work in December, the commission announced Wednesday. The Climate Directorate-General published a call for applications to fill the 70-member expert panel. The panel will advise the Commission on the implementation of the Sustainable Carbon Cycle Strategy. The commission wants to develop tradable certificates for sustainable CO2 […]
Many people in politics and business have probably marked July 21 in their calendars. Starting at 6 a.m., gas is supposed to start flowing through the Nord Stream 1 pipeline again after the annual maintenance work, which begins next Monday. However, warnings are becoming increasingly strident that deliveries, which have been curtailed for weeks, will […]
Regarding the energy-saving target, the EU Parliament’s Industry Committee wants to go even further than the Commission’s proposals from REPowerEU. Final energy consumption is to be limited to 740 million tons of oil equivalent by 2030 and primary energy consumption to 960 Mtoe. This is stated in a compromise paper on the reform of the […]