The European gas industry is calling for a binding 20% GHG intensity reduction target and an 11% EU-wide binding target on renewable gas by 2030, in order to to achieve the objectives of the Paris Agreement.
Renewable electricity is expected to decarbonise a large share of the EU energy consumption by 2050, but not all of it. Can both hydrogen and gas have a strong potential to bridge some of this gap?
Heating solutions based on renewable gases are essential for a fast, safe, affordable and sustainable decarbonisation of the building sector.
12Page 1 of 2
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.