Emerging markets will need $1.5 trillion in investment before 2035 to make new and existing buildings environmentally friendly and avoid a jump in climate-damaging emissions

Tommy Wilkes and Simon Jessop write on the Reuter’s website that emerging markets will need $1.5 trillion in investment before 2035 to avoid a jump in climate-damaging emissions. China alone would need $1.33 trillion. The funds would be used for investments in electrification of older inefficient buildings with cleaner energy, and the construction of energy-efficient … Continue reading Emerging markets will need $1.5 trillion in investment before 2035 to make new and existing buildings environmentally friendly and avoid a jump in climate-damaging emissions →

State of the Energy Union 2023: EU responds effectively to crisis, looks to the future, and accelerates the green transition

In the State of the Energy Union Report 2023, published this week, the European Commission looks back on the EU response to the unprecedented energy crisis of the past two years, assesses the state of play with the green transition at national, European and global level, and sets out the challenges and opportunities ahead as … Continue reading State of the Energy Union 2023: EU responds effectively to crisis, looks to the future, and accelerates the green transition →

New EEA report on progress made in EU to reduce GHG emissions

Greenhouse gas emissions dropped by two percent last year across the European Union, compared to 2021 levels according to estimates in the latest European Environment Agency (EEA) ‘Trends and Projections’ report published this week. However, despite gains made in emissions reductions, renewable energy and energy efficiency, the report cautions that accelerated action is urgently needed … Continue reading New EEA report on progress made in EU to reduce GHG emissions →

Energy in Demand News, October 22nd, 2023

We are now about two months away from COP28 in Dubai. All of us are anxious that real progress is made because the signs of climate crisis are growing and there definitely is a need to ramp up ambition and action. We were discouraged this week when EU member states this week adopted a common … Continue reading Energy in Demand News, October 22nd, 2023 →

European companies producing the many technologies that help improve energy efficiency feel left out by policymakers in Brussels

Nikolaus J. Kurmayer writes on the EURACTIV website about how the energy efficiency industry in Europe was left out of the European Commission’s proposal for a Net-Zero Industry ACT (NZIA), tabled in March this year, yet has so much potential to contribute, according to analysis from the IEA. What are your views? ‘Golden era’ … Continue reading European companies producing the many technologies that help improve energy efficiency feel left out by policymakers in Brussels →

New IEA report on electricity grids and secure energy transitions

Following the report by EEA-ACER on power systems this week, the IEA has also come out on a new report on electricity grids. The first-of-its-kind global study finds the world must add or replace 80 million km of grids by 2040, equal to all grids globally today, to meet national climate targets and support energy … Continue reading New IEA report on electricity grids and secure energy transitions →

New joint EEA-ACER report on need for more flexibility Iin the EU power system to ramp up renewable power capacity

EU Member States need to massively ramp up their renewable power capacity in the coming years. This increase in renewables from variable sources, such as wind and solar, will also increase the need for ‘flexibility’ in the EU electricity system. A joint report released this week by two EU agencies, EEA and ACER, demonstrates how … Continue reading New joint EEA-ACER report on need for more flexibility Iin the EU power system to ramp up renewable power capacity →

Postponing action and taking a slower route to net zero emissions by 2050 will worsen the climate crisis

The new chair of the Intergovernmental Panel on Climate Change (IPCC), Professor Jim Skea has warned that postponing action now, as the UK has done, will have a serious impact on the climate crisis, even if the long-term objectives are met. Damian Carrington discusses latest developments in an article on the Guardian website. Slow … Continue reading Postponing action and taking a slower route to net zero emissions by 2050 will worsen the climate crisis →

The EU’s anti-subsidy investigation of EVs from China is risky

In an article on The Conversation website, Louise Curran, Professor of International Business at TBS Education discusses the potential problems that the EU faces as it sets up its anti-subsidy investigation. The question is how China will react. The EU’s anti-subsidy investigation into electric vehicles is a risky strategy that may backfire In her … Continue reading The EU’s anti-subsidy investigation of EVs from China is risky →

Seeking to ensure there will be a guarantee of free speech at COP28

A statement at the UN human rights council voices ‘disappointment’ after host country, UAE, refuses to change restrictive laws. Patrick Wintour writes in the Guardian about how the UK, a close ally of UAE, is seeking such assurances. UK government asks UAE for assurances over free speech at Cop28 summit The UK has asked … Continue reading Seeking to ensure there will be a guarantee of free speech at COP28 →