The European Investment Bank approved a total of EUR 12.6 billion of new financing for 83 projects located across Europe, Asia, Latin America and Africa. This represents a record level of new support ever agreed at a monthly meeting of the EIB Board of Directors.
An EU funded study, realized with the support and active engagement of the Energy Community Secretariat, has confirmed the financial viability of the south gas interconnector between Bosnia and Herzegovina and Croatia.
The JRC released a new batch of a certified reference material (CRM) – ERM®-EF318k – consisting of gas oil that contains the Euromarker Solvent Yellow 124 to prevent taxation fraud. This CRM is highly requested, as it is essential for checking the proper use of energy fuel products within the European Union.
The European Fund for Strategic Investments (EFSI) has mobilised €335 billion in additional investment across the EU since July 2015. The Juncker Plan has made a clear impact on the EU economy and revolutionised the way innovation is financed in Europe.
EU-funded researchers are boosting energy cooperation between the EU and nearby countries to the south and east, advancing knowledge on integrating renewables into energy systems, as well as researching improvements in energy efficiency.
The EBRD is supporting SDX Energy Morocco with a loan of up to €10 million to finance the enhancement of upstream gas production and related gas transport infrastructure to Kenitra industrial zone customers, facilitating the switch away from polluting fuel oil. As a result, a reduction of 20,000 tonnes in CO2 emissions per year is anticipated.
The European Commission has launched a public consultation on a strategy for long-term EU greenhouse gas emissions reduction. All interested citizens and stakeholders can send their contributions by 9 October 2018.
GOT ENERGY TALENT (GET) is meant to be a highly competitive, merit-based fellowship programme aimed at attracting postdoctoral talent in the field of smart energy. GET will offer a total of 34 fellowships equally distributed in 2 calls. The first call opened on the 2nd of July 2018. The second one is planned for Spring 2019.
Global energy investment totalled USD 1.8 trillion in 2017, a 2% decline in real terms from the previous year, according to the World Energy Investment 2018 report. More than USD 750 billion went to the electricity sector while USD 715 billion was spent on oil and gas supply globally.
Today, the EU Member States agreed on a Commission proposal to invest €48.4 million in several key European energy infrastructure projects. The EU funding comes from the Connecting Europe Facility (CEF), the European support programme for trans-European infrastructure, and in particular from its energy window (CEF-Energy).