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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 ...

On 14 July 2021, the European Commission adopted the 'fit for 55' package with a view to adapting existing EU climate and energy legislation to meet the EU objective of a minimum 55 % reduction in greenhouse gas (GHG) emissions by 2030, as required under the European Climate Law. The 'fit for 55' package includes a recast of the Energy Efficiency Directive (EED), aligning its provisions to the -55 % GHG target. The EED is currently designed to meet the existing goal of 32.5 % energy efficiency improvements ...

According to a recent European Parliamentary Research Service Cost of Non-Europe (CONE) report, ambitious and united European Union (EU) action in climate and energy policy could be very beneficial, bringing gains of up to 5.6 % of gross domestic product (GDP), equal to €1 trillion additional GDP per year in 2050, compared to a continuation of the status quo (see Figure 1). However, failure to arrive at a common approach, in particular by collectively addressing volatile energy prices and systemic ...

In 2022, most global renewable power growth will consist of photovoltaic (PV) solar energy. In its 2021 industrial strategy, the European Commission acknowledged the need for a more strategic approach to renewable energies. As Member States seek to diversify away from Russian fossil fuels following the invasion of Ukraine, they should avoid exacerbating dependencies on solar panels manufactured in China.

Russia’s war on Ukraine has reduced supplies of gas and oil to the European Union and other regions, increasing energy prices and complicating efforts to cut emissions of greenhouse gases. Faced with oil and gas shortages, some countries have started to fire up polluting coal power plants which had previously been shut down, or have postponed their planned closure. Burning coal or lignite emits much more carbon dioxide than using oil and gas to produce electricity. Scientists and analysts are urging ...

Energy poverty in the EU

Briefing 04-07-2022

In 2020, about 36 million Europeans were unable to keep their homes adequately warm. Energy poverty is a multi-dimensional phenomenon, considered to be caused by a combination of low income, high energy expenses, and poor energy efficiency in buildings. The EU has been addressing this issue in various legislative and non-legislative initiatives, most recently in the context of its climate policies and energy transition. The Gas and Electricity Directives call for the protection of vulnerable consumers ...

After two negative opinions from the Commission's Regulatory Scrutiny Board and without making adaptations in the IA itself after the second negative opinion, the Commission adjusted its legislative proposal: the legislative framework for new buildings would conform largely to the preferred PO3 ('High ambition I'), while changes for existing buildings would conform broadly to PO2 ('Medium ambition'). The IA analyses the problem, the problem drivers and the likely impacts of the proposed policy options ...

New EU regulation on gas storage

Briefing 15-06-2022

The Russian invasion of Ukraine in February 2022 has triggered serious concerns about EU energy security. The problem is particularly acute in the gas sector, where Russia is the leading third-country supplier, on which several Member States are heavily dependent. To ensure the EU is prepared for the risk of an interruption of gas supplies next winter, the Commission has proposed an urgent regulation on gas storage, requiring Member States to: fill in at least 80 % of their storage capacity by 1 ...

The IA clearly identifies the problem that needs to be addressed and details the problem drivers. Furthermore, the IA discusses the evolution of the problem if the EU were to take no action. The IA relates the objectives with the problem/problem drivers in a supported manner. The options for the different policy areas to tackle appear to be sufficient and justified against the objectives. The assessment of the options retained for their economic, environmental and social impacts is thorough, but ...

This infographic aims to provide an overview of some of the most important energy indicators. It is purely for information purposes and subject to change. Figures on page one are based on market data (gas and oil prices) or data supplied by market actors (LNG capacity and gas storage rates). Figures on page 2 are based on the latest publicly available Eurostat data. These data are only available retrospectively, usually on an annualised basis, and therefore do not reflect the latest state-of-play ...