Investments in fossil fuels will not receive funding under the Just Transition Fund. However, gas projects that meet the taxonomy criteria of 'do no significant harm' could still access funding from the regional development fund until 2025.
The Czech Republic’s Coal Commission recommended withdrawing from coal mining by 2038, also considering scenarios of an earlier (2033) and later (2043) coal-exit as well. The final decision rests now with the Czech government.
Kosovo, a country heavily reliant on coal, took a major step towards the decarbonisation of its electricity sector with the help of a 57.5 mln euros loan from the EBRD to finance the construction of a 105 MW wind farm.
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Innogy has signed an agreement with the Ministry of Industry and Trade to improve the country’s energy efficiency and introduce energy-saving measures. Thus, the country is aligning with the EU Directive that obliges countries to save 0.8% of their yearly energy consumption by 2030.
Not only one book, but a hundred efficient solutions to stop the climate catastrophe. The New York Times bestseller edited by Paul Hawken, Drawdown, offers many ways to save our planet. And avoiding food waste is only one of them.
In spite of an expected gradual recovery in 2021, the COVID-19 crisis will have long-lasting impacts on natural gas markets. Market players have to adjust their strategies to a highly volatile environment and the repercussions of the pandemic could trigger fundamental changes.
Poland has adopted the Offshore Wind Act. A historic day for a country that as of today has no offshore wind capacity installed. The first wind farms will appear in 2024 and in 20 years from 8 to 11 GW of offshore wind power capacity will be installed.