Yesterday’s third Energy and Climate Technical Working Group continued to focus on defining the methodology for calculating 2030 targets for the Energy Community. The interim report was presented by a team of researchers from Technische Universität Wien, which discussed the upgraded methodology reflecting an ambition level comparable to EU Member States. The Secretariat was invited to continue working on the study with TU Wien, Joanneum and REKK, in close coordination with the European Commission and technical experts from the Contracting Parties. Once refined, the study will propose a range of targets that may be expected under aligned framework conditions in the Contracting Parties, taking into account differences in economic developments.
Efficient district energy (heating and cooling) systems are perfect for the application of energy from renewable sources and use of waste heat. Renewables can be more affordable for the district energy system operators and end-customers, compared to energy from fossil fuels. However, their potential is greatly underexploited in the Western Balkans Region due to the lack of information and know-how. In addition, district energy systems operators are sometimes reluctant to invest resources in new technologies due to the lack of financial support.
For the third consecutive year, carbon market experts from around the globe met yesterday in Florence to gain insight and exchange experiences related to the development and the day-to-day operation of emissions trading systems.
Minister Gudlaugur Thor Thordarson and Climate Action and Energy European Commissioner Miguel ARIAS CAÑETE discussed on 20 March 2019 the EU Third Energy Package, taking into account the unique situation in Iceland as concerns renewable energy and energy markets.
Improvements in the fuel economy of cars have slowed according to a new report by the Global Fuel Economy Initiative (GFEI) in cooperation with the IEA. The report, “Fuel Economy in Major Car Markets: Technology and policy drivers 2005-2017” reviews developments in fuel economy and highlights recent changes.
The EU4Energy Governance project has launched support to Georgian authorities in developing secondary legislation needed for the implementation of the Energy Performance of Buildings Law soon to be adopted in Georgia.
In an environment that has till now been largely dominated by coal, renewables will have to be deployed at an unprecedented pace in the Energy Community. Investing in the future will bring many challenges to be tackled by the Energy Community Contracting Parties and the Renewable Energy Coordination Group supported by the Secretariat as well as donors and International Financial Organizations. This was the key message of the 7th Energy Community Renewable Energy Coordination Group meeting on 12 March in Vienna.
Today, Francesco La Camera, Director-General of the Italian Ministry of Environment, Land and Sea signed a €5 million support agreement to ElectriFI – the EU flagship initiative to de-risk sustainable energy investments in developing countries.