Energy
UN calls Development Banks to stop backing fossil fuel projects
United Nations Secretary-General Antonio Guterres on Monday urged development banks to stop backing fossil fuel projects, raising the pressure on the state-backed…
Fossil fuel demand to take historic knock amid COVID-19 scars -BP
Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the…
Greece to spend 5 bln euros to phase out coal by 2028
Greece will spend 5 billion euros ($5.9 billion) to offset the impact of ditching coal in power generation by 2028 and cutting…
Malta: Businesses to be reimbursed 50% of their July-September electricity outlay
Some 16,000 businesses across Malta and Gozo are to be refunded half of what they paid in electricity bills in July, August…
Saipem to build 450 MW offshore wind farm in Italy
Italy's Saipem has signed an agreement to build a 450 megawatt (MW) offshore wind farm in the Adriatic Sea in northern Italy,…
Tougher EU climate target technically, economically feasible, researchers say
A European Union plan to cut greenhouse gas emissions to 55% below 1990 levels by 2030 is technically and economically possible, researchers…
Poland could become carbon neutral by 2056
Poland, the only European Union country that has not pledged to be carbon neutral by 2050, could reach that goal by 2056,…
Wind and solar produced 10% of global electricity
Wind turbines and solar panels produced a record 10% of the world’s electricity in the first half of 2020 as coal-power declined,…
Poland plans to merge utilities, carve out coal
Poland plans to merge its three utilities PGE, Enea and Tauron into two groups as part of a planned reform of its…
Towards a climate-neutral economy: EU Commission sets out plans for the energy system of the future
To become climate-neutral by 2050, Europe needs to transform its energy system, which accounts for 75% of the EU's greenhouse gas emissions.…
Germany is first major economy to phase out coal
German lawmakers have finalized the country’s long-awaited phase-out of coal as an energy source, backing a plan that environmental groups say isn’t…
Italy’s Eni makes gas discovery in Mediterranean Sea off Egypt
A new gas discovery was declared in the Mediterranean sea offshore Egypt. In a statement, Italy’s Eni said that it has successfully…