Current energy market structures were designed to secure supply while at the same time they may create incentives to reduce overall costs of electricity production in an oligopolistic market. In the transition towards a low-carbon economy, global and local energy markets are undergoing profound changes.
INEA has received 22 project proposals requesting €2.3 billion co-funding by yesterday’s deadline of the 2018-2 CEF Energy call. The available call budget is maximum €500 million. Evaluation of the proposals will start in November, and the grant agreements with the successful applicants will be prepared as of February 2019.
“Today you are asking the question: How can we develop energy systems to reduce smog in Poland’s Rural Areas? I would argue that the question needs to be answered in two parts. First, how can harmful carbon emissions be reduced in rural areas, particularly in agricultural activity? And second, how can we develop new economic opportunities both on farms and in the broader rural economy that do more for the environment?”
With the spectre of climate change at the world’s doorstep, many nations are turning to various renewable options to meet their energy needs. While there are many different types of renewable energy available, many cannot be predicted over long timescales since their generation largely depends on weather. One of the few exceptions is tidal power, a relatively new technology where electricity is generated using the largely predictable movement of tides.
A new report by international Development Finance Institutions (DFIs) shows for the first time the scale of blended concessional finance to support transformative investments in challenging markets and deploy private sector funds to achieve the United Nation’s 2030 Agenda for Sustainability Development and the Sustainable Development Goals.
Spanish, Polish and Bulgarian commuters, residents of Warsaw, Vilnius and Turku, and students across France will benefit from new financing by the European Investment Bank.
The second Energy and Climate Technical Working Group took place today at the Energy Community Secretariat. The revised report on an EU-convergent approach for the calculation of the 2030 targets and its findings were presented by TU Wien, Joanneum Research and REKK and discussed with Contracting Parties representatives, technical experts, the European Commission and civil society.
The Council today adopted conclusions on climate change which emphasise the unprecedented urgency which is needed to step up global efforts to avoid the dangerous effects of climate change.
Increasing and improving the cooperation between multinational development banks (MDBs) has been recognised as a major step towards achieving the Sustainable Development Goals(SDGs), which were adopted by world leaders in September 2015 at an historic United Nations (UN) summit.