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.
Major progress in establishing battery manufacturing in Europe in only one year. One year on from the launch of the European Battery Alliance (EBA), the Commission Action Plan is in place, the first pilot production facilities are being built and further projects are announced to establish the EU as the lead player in the strategic area of battery innovation and manufacturing.
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?”
Under pressure from the automobile industry and the German government in particular, EU environment ministers agreed late yesterday evening on weak targets for CO2 emissions from cars and light commercial vehicles and demanded only a marginal improvement to the EU Commission’s proposal.
The Energy Community’s Energy and Climate Committee, in cooperation with the European Commission’s Directorate-General for Climate Action and the EU Regional Implementation of the Paris Agreement project, hosted a multi-stakeholder discussion on climate change under the “Talanoa Dialogue” process on 10 October in Vienna.
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.
Karmenu Vella, European Commissioner for Environment, Fisheries and Maritime Affairs said: “Our cooperation on environment with the Eastern Partner countries is stronger than ever. We have seen numerous actions implemented as well as progress in environmental legislation. Further work on the implementation of new legislation, on mainstreaming environmental principles and the principles of a circular economy into other policy areas is still needed, and I am confident that EU assistance in this area will contribute to achieving tangible results.”