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On 14 July 2021 the European Commission adopted the 'fit for 55' package, which adapts existing climate and energy legislation to meet the new EU objective of a minimum 55 % reduction in greenhouse gas (GHG) emissions by 2030. The 'fit for 55' package is part of the European Green Deal, which aims to put the EU firmly on the path towards climate neutrality by 2050. A key element in the 'fit for 55' package is the revision of the Renewable Energy Directive (RED II), to help the EU deliver the new ...

If it is to achieve the Paris Agreement objective of keeping the rise in global temperature well below 2° C, the EU must consider every possible technology to decarbonise energy production. Nuclear fusion is the process that powers the sun and it can be reproduced on Earth. However, even once the considerable engineering challenges of designing a fusion power plant are overcome, there are major constraints inherent in upscaling fusion power.

The United Kingdom left the European Union on 31 January 2020. Much of the relationship following the withdrawal is set out in the Trade and Cooperation Agreement (TCA), which came fully into force in May 2021. The depth and complexity of relations between the EU and the UK following the withdrawal vary depending on the policy area concerned. For example, the TCA devotes many more articles to energy relations than to climate relations. There are a variety of reasons for this, but it can often be ...

On 23 November 2022, the European Parliament partnered with Eurocities to launch the 'Generators of Hope' campaign in order to provide Ukraine with energy equipment for the winter. Russian attacks on civilian infrastructure temporarily left around 10 million Ukrainians without electricity, while temperatures have already dropped below zero. The campaign will facilitate city-to-city donations of power generators, transformers and other devices, sent with the logistical support of the EU Civil Protection ...

Under the REPower EU plan, the European Commission proposed targeted amendments to EU legislation in the energy field that would accelerate the take-up of renewable energy sources and promote further increased energy efficiency and savings. The ITRE committee adopted its report on these proposals on 14 November 2022.

On 9 November 2022, the European Commission proposed a temporary emergency regulation on accelerating the deployment of renewable energy. Its main aim is to simplify permit-granting procedures for renewable energy projects, in particular for solar installations, heat pumps, and projects involving the repowering of renewable energy plants. Accelerating the rollout of renewables is considered one of the main measures that could help the EU address the current energy crisis, improve security of supply ...

This papers reflects on recent turmoil created by derivatives used by energy companies and by UK pension funds, assessing some recent work of the European Supervisory Authorities, reports on EIOPA’s review of Credit Protection Insurance that unveiled poor underwriting and sales practices, as well as poor value for money from a consumer perspective, and contains a section on cyber risk, subject to increased warnings by supervisory authorities.

The European Commission's 'fit for 55' package, adopted on 14 July 2021 under the European Green Deal, includes a proposal to revise the 2014 EU framework for the deployment of alternative fuels infrastructure. The proposal puts forward binding targets for electric vehicle charging and hydrogen refuelling points, electric charging for stationary aeroplanes at airports, and on-shore power supply for ships at ports. It also includes rules on refuelling points for liquefied natural gas for heavy-duty ...

Accounting for about one quarter of global primary energy supply, coal is used mainly for power generation, heating, and in industries such as iron, steel and cement manufacturing. It provides almost 40 % of global electricity production and is responsible for over 40 % of energy-related CO2 emissions. While the global use of coal is driven by emerging economies in Asia, the West – and Europe in particular – is seeing a sharp decline in coal use because of air pollution, climate policies and, in ...

During the February 2022 plenary session, Parliament is due to vote on an own-initiative report on the EU offshore renewable energy strategy, as prepared and adopted by the Committee on Industry, Research and Energy. This constitutes Parliament's response to the Commission's strategy paper on the subject, adopted in November 2020 as part of the European Green Deal.