Tags EU Green Deal
Tag: EU Green Deal
The Centre for European Policy Studies believes that the Black Sea's offshore wind is a major economic opportunity to unlock large volumes of low-carbon electricity and deliver on the commitments of the European Green Deal.
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.
Michał Kurtyka pointed out that it would be irresponsible to focus on tightening European climate policy goals now, instead, we should focus on the resumption of economic activity.
MVM Group acquired 100 % ownership of the Hungarian subsidiary of the German energy company Enexio, together with its two Chinese subsidiaries, aiming to become an active player in the Chinese energy market.
Investments in RES in the EU reached 66% in the first half of 2020. Hungary is stepping up green bond issuance to mobilise additional funds and the Caucasus in interested in increasing its share of RES. However, funds must support the right priorities.
Sonya Twohig has been appointed the new Secretary-General of ENTSO-E, the European Network of Transmission System Operators for Electricity.