Friday, October 23, 2020

Evelin Szőke

Evelin Szőke

Commission to launch new financing mechanism to boost RES projects

The European Commission has set forward a new financing mechanism for Member States to reach their clean energy targets by enabling them to finance RES projects in different EU countries or hosting RES projects funded by others.

Energa promotes the installation of PV systems among farmers

Energa Obrót wishes to contribute to improving farmer’s energy efficiency by offering turnkey solar installations. The Pomeranian Chamber of Agriculture is one of the entities that decided to take advantage of the opportunity.

EU’s Just Transition Fund risks rewarding inaction?

The EU agreed to establish the Just Transition Fund to reduce the socio-economic costs for those communities and regions that are less equipped to meet the challenges of this transition. However, there is much debate about how to spend this money.

Poland forges partnership for the development of its PV industry

Poland’s Climate Ministry announced that it initiated a partnership with industrial stakeholders and concluded a sector agreement to scale up the national PV industry.

EU energy in figures

The Commission released its yearly statistical pocketbook, which covers areas including energy balances, energy production and consumption, electricity capacities, energy prices, main energy indicators, socio-economic data and the impact of the energy sector on climate.

European Parliament Committee votes to cut emissions by 60% by 2030

The majority of MEPs in the European Parliament’s Environment Committee supported to increase the legally binding 2030 GHG emission reductions target to 60% up from the current 40%.

Hungary’s MVM expands its renewables portfolio with 45 solar power plants

MVM increased its renewables portfolio by building a total of 45 small photovoltaic power plants: 21 in the Eastern- and 24 in the South-Western part of Hungary with a maximum installed capacity of 0.5 MW.

Hungarian government to announce further subsidies for e-mobility

Given the success of the subsidy scheme that incentivises the uptake of electric vehicles, Hungary decided to expand the programme, with an additional 2.5 million euro.

The EU’s green transition hinges on the secure supplies of critical raw materials

Access to critical raw materials is a strategic question, as they are essential to the functioning and integrity of a wide range of industrial ecosystems. The EU warned already that transition to climate neutrality could replace today’s reliance on fossil fuels with one on raw materials.

PKN Orlen and PGNiG considers joint investment in Ostrołęka power plant

PKN Orlen and PGNiG will start to analyse the possibilities of joint investments regarding the construction of a combined cycle gas turbine block in Ostrołęka and the development of a biogas plants network.

Most Read

Technology to achieve net-zero energy buildings already exists and it is cheap

A new study revealed that the technology and skills already exist to achieve net- or nearly- zero energy building in almost every part of the world at costs in the range of those of traditional projects.

Slovenia and Hungary to connect their electricity grid from next year

Works to build the 80-kilometres-long 400 kV transmission line Cirkovce-Pince connecting the Slovenian and Hungarian transmission networks began putting an end to negotiations that started in the middle of the 90s’.

The US leading role at the Three Seas Initiative Summit

The US agreed to pledge up to 1 billion euros to the Three Seas Initiative for investments in the transport sector, energy and digital infrastructures. The US is committed to helping the region divest itself of its energy dependence.

Lukoil and Rostec sign cooperation agreement

LUKOIL signed a cooperation agreement with Rostec State Corporation that will contribute to the efficiency of production, transportation, processing, refining and sales of hydrocarbons.