EU approves 6.5bn euro German carbon leakage scheme
The European Commission has approved, under EU State aid rules, a €6.5 billion German scheme to partially compensate energy-intensive companies to address the risk of carbon leakage from higher fuel prices resulting from the German fuel emission trading system (‘German fuel ETS’). Germany notified the Commission of its plan to support energy-intensive companies exposed to […]
CEBR: Risk of recession in Europe ‘rises to 40%’ as Putin turns off the gas
The Centre for Economics and Business Research (CEBR) estimates the risk of a recession in Europe this winter at approximately 40% as a result of Russian energy taps being closed shut as part of sanctions against the Putin regime. Last week, Germany triggered stage two of its emergency gas plan, following a significant reduction in […]
UK vs EU Energy Security Policy: What you need to know
By David Kipling, CEO – On-Site Energy In April 2022 the UK published its Energy Security Strategy. The key aim of the strategy is for the UK to achieve long-term independence from foreign energy sources and decarbonise the nation’s power supply. The main initiatives of the strategy are investment in nuclear generation and offshore wind, the […]
EU and Egypt to collaborate on COP27 energy transition goals
The EU and Egypt will join efforts to implement the Paris Agreement and ensure ambitious outcomes at COP27, which takes place in Sharm El-Sheikh in November. The joint statement commits both parties to work together on a global just energy transition, on improving adaptation capacity, mitigating loss and damage due to climate change, and on […]
Europe’s wind power leaders revealed
Poland has increased the percentage of electricity produced by wind turbines the most, with an increase of nearly 250,000% since 2000, according to data released by the EU and analysed by SaveOnEnergy. In 2001, the European Union introduced the EC Directive 2001/77/EC, which promoted the production of electricity through renewable energy means. One such production […]
Blue chip firms push for end to petrol & diesel car sales in EU
EU lawmakers should set an end date for selling new combustion engine cars in Europe no later than 2035, 27 companies have said in a joint appeal, including include IKEA Retail, Sky, Uber, Vattenfall and Volvo Cars. The open call will continue to gather support for a phase-out ahead of the review of EU car and van […]
Whisky distilleries take their turn in the emissions legislation queue
As the battle to improve air quality goes on, the UK has been rolling out the EU’s Medium Combustion Plant Directive to curb harmful emissions. So, what are the implications of this legislation for medium sized businesses in the UK? Over one hundred million cases of Scottish whisky are distributed across the world every year. […]
EU mulls stricter battery legislation
The European Commission is proposing to modernise its legislation on batteries – delivering the first initiative among the actions announced in its new Circular Economy Action Plan. The EU says batteries that are more sustainable throughout their life cycle are key for the goals of the European Green Deal and contribute to the zero pollution […]