Επιλεγμένες Ειδήσεις από New Europe

Countering Loss of Russian Oil Over Penalties, US Opens Reserve Pump

Countering Loss of Russian Oil Over Penalties, US Opens Reserve Pump

After consultation with allies and partners, US President Joe Biden announced on March 31 the largest release of oil reserves in history, putting one million additional barrels on the market per day on average – every day – for the next six months – to serve as a bridge to greater supply in the months ahead.

Commission Proposes to Make Sustainable Products the Norm in the EU

Commission Proposes to Make Sustainable Products the Norm in the EU

The European Commission presented on March 30 a package of European Green Deal proposals to make sustainable products the norm in the EU, boost circular business models and empower consumers for the green transition. As announced in the Circular Economy Action Plan, the Commission is proposing new rules to make almost all physical goods on the EU market 

World Food Security – Soil is the Biggest Carbon Sink on Our Planet

World Food Security – Soil is the Biggest Carbon Sink on Our Planet

CEO of the Vassili Group LLC, Sir Chrysostomos Vassil, expressing his views on global food-security and why we all need to take notice. I asked Sir Vassili to give a few examples of why he believes global food security is a serious issue in our present timeThe examples he gave were as follows:

US, EU LNG Plan, Take Russia Out of Energy Loop

US, EU LNG Plan, Take Russia Out of Energy Loop

Following a meeting in Brussels between US President Joe Biden and European Commission President Ursula von der Leyen on March 25, the United States and the EU Commission announced measures to reduce Europe’s dependency on Russian energy, planning to immediately establish a joint Task Force on Energy Security to set out the parameters of this cooperation and execute its implementation.

MEPs Want More Environmental and Social Ambition for Batteries

MEPs Want More Environmental and Social Ambition for Batteries

The European Parliament is ready to negotiate with EU governments on the final shape of the new rules governing the entire battery product life cycle, from design to end-of-life, the Parliament said. During the debate on March 9, MEPs underlined the crucial role that batteries have in the transition to a circular and climate-neutral

Poland to Construct New Wind Farm at Zelechowo

Poland to Construct New Wind Farm at Zelechowo

Poland plans to develop, construct and operate a new 56MW wind farm at Zelechowo in Poland with the support from a loan of PLN 144 (€30 million equivalent) from the European Bank for Reconstruction and Development, the EBRD said on March 9, adding that the project will be co-financed with a commercial lender, mBank S.A.  

How More Sustainable ECB Policies Help Fighting Climate Change and Inflation

How More Sustainable ECB Policies Help Fighting Climate Change and Inflation

In the last months, inflation has risen sharply with price increases among many sectors. Business and citizens have been used to low inflation rates over the past years, and must now adapt to price increases in essential goods and services. This is especially dangerous for vulnerable groups

New European Battery Academy to Boost Skills for Fast-Growing Battery Ecosystem

New European Battery Academy to Boost Skills for Fast-Growing Battery Ecosystem

Despite the pandemic and significant supply disruptions, the European Union has continued to make headway in establishing an innovative, sustainable and globally competitive battery value chain, European Commission Vice President Maros Sefcovic, responsible for Interinstitutional Relations and Foresight, said on February 23.

MEPs Call for Quick Deployment of Offshore Renewables to Meet EU Emission Targets

MEPs Call for Quick Deployment of Offshore Renewables to Meet EU Emission Targets

Members of the European Parliament set out their recommendations on how to deploy offshore wind energy in Europe more quickly, as a means to contribute to the EU’s targets on reducing greenhouse emissions, in a report adopted on February 16. The report, voted on by MEPs in response to a European Commission communication, was adopted

Slovenia to Decarbonize Steel Industry

Slovenia to Decarbonize Steel Industry

Facilitating the transition towards a low-carbon economy the European Bank for Reconstruction and Development (EBRD) is participating in Slovenian Steel Group’s (SIJ Group) €230 million long term debt facility, with €25 million to support the specialised steel company’s efforts to further reduce its environmental impact, the bank said on February 14.

Mongolia Advances Renewable Energy Resources Through a Green Hydrogen Project

Mongolia Advances Renewable Energy Resources Through a Green Hydrogen Project

Mongolia is attractive for deploying green hydrogen production and more renewable energy projects can be developed in the Central Asian region, Elixir Energy Managing Director and CEO Neil Young said in an interview. “Mongolia has very high-quality wind and solar resources – and our analysis shows that in addition, these 2 renewable sources are highly complementary in terms

EU-Africa to Tackle Climate Change, Energy, Infrastructure Challenges

EU-Africa to Tackle Climate Change, Energy, Infrastructure Challenges

Ahead of the EU-African Union summit, European Council President Charles Michel participated via video link in a debate on climate and energy in the Africa-Europe partnership, organised by the Africa Europe foundation on January 21, noting the more their societies are interconnected, the more they will be able to succeed together and to prepare a better world.

Scotland Αwards Μassive Seabed Rights for Wind Farms in North Sea

Scotland Αwards Μassive Seabed Rights for Wind Farms in North Sea

The Crown Estate Scotland announced on January 17 the results of the ScotWind seabed tender, after receiving 74 bids for the 15 areas that were auctioned – which amount to 8,600 square meters of sea space. They awarded 17 projects, which cover just over 7,000 km² and add up to a total capacity of almost 25 GW.

EU Blocks Takeover of DSME by Hyundai Heavy Industries

EU Blocks Takeover of DSME by Hyundai Heavy Industries

The European Commission has prohibited the acquisition of Daewoo Shipbuilding & Marine Engineering (DSME) by Hyundai Heavy Industries Holdings (HHIH), noting that the merger between the two South Korean shipbuilders would have created a dominant position by the new merged company and reduced competition in the worldwide market for the construction of large liquefied gas (LNG) carriers (LLNGCs).

Orsted and Liquid Wind Invest in E-Methanol Project in Sweden

Orsted and Liquid Wind Invest in E-Methanol Project in Sweden

Planning a major investment into green fuels, Danish energy giant Orsted and Liquid Wind AB have reached an agreement, under which Orsted will acquire a 45% ownership share of Liquid Wind AB’s FlagshipONEproject, Orsted said on January 12.