The International Energy Agency (IEA) kicked off on Wednesday a workshop to discuss opportunities to accelerate commercial deployment of carbon capture, utilisation and storage (CCUS) as a key emissions mitigation technology.
The World Energy Outlook is the gold standard of long-term energy analysis. The 2018 edition provides updated analysis to show what the latest data, technology trends and policy announcements might mean for the energy sector to 2040. It also outlines an integrated way to meet multiple sustainable development goals: limiting the global temperature rise in line with the Paris Agreement, addressing air pollution, and ensuring universal access to energy.
INEA has signed grant agreements with 32 projects selected for funding in twelve topics of the 2016 – 2017 Competitive Low-Carbon Energy call. All the selected projects will start their activities the latest by 1 June 2018.
Update: revised minutes of the meeting are available.
Digitisation and its impact on jobs and skills, as well as measures to develop the European data economy are on the agenda. The meeting of the EEA Council will also be preceded by an informal political dialogue with the EEA EFTA States. The meeting will be chaired by Mr Sven Mikser, Minister for Foreign Affairs of Estonia. Discussions will focus on the implications for the EEA Agreement of the UK’s withdrawal from the EU and the Eastern Partnership.
The EEA Council discussed the overall functioning of the Agreement on the European Economic Area (EEA Agreement) and held an orientation debate on the Review of the European Supervisory Authorities.
The International Energy Agency’s new and most comprehensive analysis of the clean-energy transition finds that only 4 out of 38 energy technologies and sectors were on track to meet long-term climate, energy access and air pollution goals in 2017.
Steel, sustainability and low-carbon innovation.
The 2018 US Budget Bill, passed by the House and Senate in mid-February, will shape funding for energy technologies for the next decade. IEA analysis suggests it could trigger the largest surge in carbon capture investment of any policy instrument to date.
The Board of Directors of the European Investment Bank (EIB) has approved a loan request from Northvolt AB. The financing, a facility of up to EUR 52.5 million, is projected to be supported by InnovFin – EU Finance for Innovators’s Energy Demonstration Projects facility, with the financial backing of the European Union under Horizon 2020 Financial Instruments.