📰 EFIEES' weekly news from the EU bubble! Last week before the holidays was busy for the EU bubble, our team has selected the most relevant news related to EFIEES' activies to keep you informed about developments within the EU Bubble. Here are the highlights of the week: 🌟 Eight Member States back the 2040 goal of a 90% emissions reduction from 1990 levels. 🌟 European auditors highlight delays and inefficiencies in enforcing EU law, urging stronger mechanisms. 🌟 Renewables accounted for 24.5% of EU energy use in 2023, per Eurostat data. 🌟 EU energy ministers call for a geothermal action plan to decarbonise heating and cooling.
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📰 Inside the EU Bubble: EFIEES' Weekly News Roundup Here are the latest news inside the EU Bubble with our EFIEES' Weekly News Roundup! Our team has selected the most relevant news related to EFIEES' activities from the past week, to keep you informed about developments within the EU Bubble. Here are the highlights of the week: ⭐ The recast Energy Performance of Buildings Directive #EPBD has been published in the Official Journal, ⭐ Former EU Emissions Trading System #ETS Rapporteur Peter Liese eyes reopening the file, ⭐ Renewables generated a record 30% of global electricity in 2023, driven by growth in solar and wind, ⭐ European Commission adopted an implementing regulation updating the templates for Member States to report their #climate action data, ⭐ Socialists and Democrats Group in the European Parliament, Renew Europe and The Greens/EFA in the European Parliament put pressure on European People's Party over far-right alliance. 🔎 More on this and other news in our EU Bubble newsletter, shared to our members: https://lnkd.in/eAVBN8GE #GreenDeal
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📰 EFIEES' weekly news from the EU bubble! Our team has selected the most relevant news related to EFIEES' activities from the past week, to keep you informed about developments within the EU Bubble. Here are the highlights of the week: 🌟 The European Commission has published the last set of guidance to support Member States with the transposition and implementation of #EED recast 🌟 The European Commission has also adopted a new implementing Regulation setting out the rules for the monitoring and reporting emissions from the road transport and building sector 🌟 Eurobarometer survey was published revealing that Europeans back energy transition but seek stronger EU coordination and affordability measures. 🌟 Leaked draft conclusions showed will from Hungarian Presidency of the Council to further support geothermal energy, emphasising need for investment risk mitigation and partnerships. 🌟 The ITRE Committee of the European Parliament has started working on questions for upcoming commissioners-designate’s hearings. 🌟 The ENVI Committee of the European Parliament has exchanged with Anikó Raisz who highlighted the importance of accelerating the EU’s decarbonization strategy
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🚨 Germany's Far-Right AfD Party Proposes Major Policy Shifts 🚨 The Alternative for Germany (AfD) party is making headlines with its bold policy proposals that could reshape Germany's energy landscape and its relationship with the European Union. Key among these proposals is a commitment to part ways with the EU's Paris Agreement and to loosen sanctions against Russia ❗ The AfD advocates for increased imports of natural gas from Russia, particularly through the Nord Stream pipeline. This shift raises critical questions about the future of renewable energy in Germany and across Europe. By prioritizing natural gas imports, the AfD's policies could divert attention and resources away from renewable energy initiatives, potentially slowing down the transition to a more sustainable energy system. How might this affect investments in green energy solutions and the overall commitment to achieving climate goals ⁉️ What are your thoughts on the AfD's proposals and their potential impact on the renewable energy landscape? 💬🌍 *Below is an AI generated photo of Germany as a Renewable Energy haven 😃 #EnergyPolicy #RenewableEnergy #Germany #ClimateChange #Sustainability Source: https://lnkd.in/eqWwj9-c
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CEO at Global Wind Energy Council (GWEC), scaling up the wind industry as a key climate solution.
Corio Generation CEO and Global Wind Energy Council (GWEC) Chair Jonathan Cole spoke at the All Energy Show in Glasgow, and called for a more nuanced and reasonable discussion about global supply chains. "What we need is political leaders and industrial leaders who are willing to talk about this in a much more informed and balanced and responsible way and who don't use rhetoric and divisive language, because that's the way in which we solve this appropriately," he said. He called on government and industry leaders to "find a way, instead of going to unilateralism and protectionism, to stimulate positively our local supply chains and use multilateral processes to promote free and fair trade," adding that "if we want an orderly timely and affordable transition, we will need to mobilise suppliers from all parts of the world in the joint endeavour of decarbonising the world economy." See Jonathan's remarks below. #ConfidentGreenWorld #Time4Action #WindAreYouIn Global Renewables Alliance International Renewable Energy Agency (IRENA)
We will need to mobilise the entire global supply chain to deliver the energy transition. This means avoiding protectionism and unilateralism while stimulating local supply chains, remarked our CEO Jonathan Cole at the All-Energy Exhibition and Conference in Glasgow, UK. Appealing for political and industrial leaders to avoid binary language such as 'pro- or anti net-zero' or 'pro- or anti-China', Jonathan, who is Chair of the Global Wind Energy Council (GWEC), called for a balanced and responsible conversation on free trade and competition in wind energy development. "It is in every country's national interest to embrace and deliver the energy transition," Jonathan said pointing to economic modelling that shows that almost every region of the world, except China, is set to face shortages of critical components. "If we extract China from the supply chain, what we're actually going to do is delay the energy transition and make it more expensive, and that's not in our national interest," he said. "What we need to do is find a way, instead of going to unilateralism and protectionism, to stimulate positively our local supply chains and use multilateral processes to promote free and fair trade," he added. If we want an orderly, timely and affordable transition, we will need to mobilise suppliers from all parts of the world in the joint endeavour of decarbonising the world economy. All-Energy is the UK’s largest low-carbon energy and supply chain renewables event, held between 15-16 May in the city of Glasgow, Scotland, UK. #WindPower #OffshoreWind
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Couldn't agree more! 🤗 The European offshore wind nations--similar to many other nations worldwide--set ambitious offshore wind development targets. One of the main bottlenecks for achieving these targets is the limited capacity of the supply chain and of the vessels and further marine spread required. Another issue developers are being confronted with is prices which have risen, coupled with a significant "deflation" of risk appetite on the contractors' side. At the same time, China has been developing a massive offshore wind supply chain over the last years and has been breaking records with the speed and volume of offshore wind capacity added in its waters. The cost advantage of China's manufacturing industry, continuous technological innovation, and a complete industrial chain enable it to provide reliable quality products at lower prices. Chinese companies have also entered the overseas market with these advantages. Currently, there is a lot of talk about "overcapacity." Let's pause and think carefully 🤔 : considering both domestic and international demand, offshore wind capacity is still insufficient and far from excessive. According to the theory of comparative advantage, a country should export products with lower production costs, which can bring benefits to both sides of the trade. When domestic demand is satisfied, enterprises will export their high-quality and low-cost products to foreign countries, which is in line with the principles of economics and is a common practice of enterprises in various countries. For the world to achieve the goal of energy transition and for the offshore wind power industry to develop further, what we should do is definitely NOT close off countries, engage in rhetoric such as 'pro- or anti-net-zero' or 'pro- or anti-China', and promote protectionism and unilateralism. What we should do is find ways to integrate localization, regionalization, and globalization into the supply chain to promote common development. As Franklin Roosevelt said, “Competition has been shown to be useful up to a certain point and no further, but cooperation, which is the thing we must strive for today, begins where competition leaves off.”
We will need to mobilise the entire global supply chain to deliver the energy transition. This means avoiding protectionism and unilateralism while stimulating local supply chains, remarked our CEO Jonathan Cole at the All-Energy Exhibition and Conference in Glasgow, UK. Appealing for political and industrial leaders to avoid binary language such as 'pro- or anti net-zero' or 'pro- or anti-China', Jonathan, who is Chair of the Global Wind Energy Council (GWEC), called for a balanced and responsible conversation on free trade and competition in wind energy development. "It is in every country's national interest to embrace and deliver the energy transition," Jonathan said pointing to economic modelling that shows that almost every region of the world, except China, is set to face shortages of critical components. "If we extract China from the supply chain, what we're actually going to do is delay the energy transition and make it more expensive, and that's not in our national interest," he said. "What we need to do is find a way, instead of going to unilateralism and protectionism, to stimulate positively our local supply chains and use multilateral processes to promote free and fair trade," he added. If we want an orderly, timely and affordable transition, we will need to mobilise suppliers from all parts of the world in the joint endeavour of decarbonising the world economy. All-Energy is the UK’s largest low-carbon energy and supply chain renewables event, held between 15-16 May in the city of Glasgow, Scotland, UK. #WindPower #OffshoreWind
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Wise words from the Chair of GWEC. In a global climate emergency with the urgent need for a clean energy transition we don't have the luxury of time to retreat to unilateralism and protectionism fuelled by nationalism and regionalism. Plus an additional key factor it add cost, ultimately hitting the wallet of the energy consumer.
We will need to mobilise the entire global supply chain to deliver the energy transition. This means avoiding protectionism and unilateralism while stimulating local supply chains, remarked our CEO Jonathan Cole at the All-Energy Exhibition and Conference in Glasgow, UK. Appealing for political and industrial leaders to avoid binary language such as 'pro- or anti net-zero' or 'pro- or anti-China', Jonathan, who is Chair of the Global Wind Energy Council (GWEC), called for a balanced and responsible conversation on free trade and competition in wind energy development. "It is in every country's national interest to embrace and deliver the energy transition," Jonathan said pointing to economic modelling that shows that almost every region of the world, except China, is set to face shortages of critical components. "If we extract China from the supply chain, what we're actually going to do is delay the energy transition and make it more expensive, and that's not in our national interest," he said. "What we need to do is find a way, instead of going to unilateralism and protectionism, to stimulate positively our local supply chains and use multilateral processes to promote free and fair trade," he added. If we want an orderly, timely and affordable transition, we will need to mobilise suppliers from all parts of the world in the joint endeavour of decarbonising the world economy. All-Energy is the UK’s largest low-carbon energy and supply chain renewables event, held between 15-16 May in the city of Glasgow, Scotland, UK. #WindPower #OffshoreWind
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We will need to mobilise the entire global supply chain to deliver the energy transition. This means avoiding protectionism and unilateralism while stimulating local supply chains, remarked our CEO Jonathan Cole at the All-Energy Exhibition and Conference in Glasgow, UK. Appealing for political and industrial leaders to avoid binary language such as 'pro- or anti net-zero' or 'pro- or anti-China', Jonathan, who is Chair of the Global Wind Energy Council (GWEC), called for a balanced and responsible conversation on free trade and competition in wind energy development. "It is in every country's national interest to embrace and deliver the energy transition," Jonathan said pointing to economic modelling that shows that almost every region of the world, except China, is set to face shortages of critical components. "If we extract China from the supply chain, what we're actually going to do is delay the energy transition and make it more expensive, and that's not in our national interest," he said. "What we need to do is find a way, instead of going to unilateralism and protectionism, to stimulate positively our local supply chains and use multilateral processes to promote free and fair trade," he added. If we want an orderly, timely and affordable transition, we will need to mobilise suppliers from all parts of the world in the joint endeavour of decarbonising the world economy. All-Energy is the UK’s largest low-carbon energy and supply chain renewables event, held between 15-16 May in the city of Glasgow, Scotland, UK. #WindPower #OffshoreWind
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📰 Inside the EU Bubble: EFIEES' Weekly News Roundup Here are the latest news inside the EU Bubble with our EFIEES' Weekly News Roundup! Our team has selected the most relevant news related to EFIEES' activities from the past week, to keep you informed about developments within the EU Bubble. Here are the highlights of the week: ⭐ The Energy Council met for the final time before the elections, with decisions on the Energy Charter Treaty and grids, ⭐ The International #ESCO Symposium 2024 was held, ⭐ The Energy Performance of Buildings Directive #EPBD entered into force, ⭐ The Council of the European Union adopted the Net Zero Industry Act #NZIA, ⭐ The European Commission published a study on energy sector investment instruments for EU #heating & #cooling, ⭐ The Cool Heating Coalition published its “Fahrenheit 2040: heating and cooling in the EU“ report, ⭐ The International Energy Agency (IEA) published its Strategies for Affordable and Fair Clean Energy Transitions, 🔎 More on this and other news in our EU Bubble newsletter, shared to our members: https://lnkd.in/eAVBN8GE #GreenDeal
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The Cabinet of Ministers of #Ukraine has approved the National Energy and Climate Plan (#NECP) for the period up to 2030, as announced in a meeting on June 25. The NECP is a strategic document designed to align #environmental, #energy, and #economic #policies to #promote #sustainable #development in Ukraine. This plan has been developed in accordance with Regulation (EU) 2018/1999 and incorporates best practices from #EU member states. It reflects Ukraine's commitments as a contracting party to the Energy Community and supports its EU membership aspirations. The main goals of the NECP are: Reducing Greenhouse Gas Emissions: Achieving a 65% reduction in greenhouse gas emissions compared to 1990 levels by 2030. Increasing Renewable Energy Share: Attaining a 27% share of renewable energy sources in total final energy consumption by 2030. Diversifying Energy Sources: Ensuring no more than 30% of energy comes from a single supplier, enhancing energy security. Managing Energy Consumption: Limiting primary energy consumption to no more than 72.224 million tons of oil equivalent (toe) and final energy consumption to 42.168 million toe by 2030. This comprehensive plan represents a significant step in Ukraine’s efforts to align with EU standards and enhance its sustainable development trajectory. Source: https://lnkd.in/dZNxiDwg
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📰 Inside the EU Bubble: EFIEES' Weekly News Roundup Here are the latest news inside the EU Bubble with our EFIEES' Weekly News Roundup! Our team has selected the most relevant news related to EFIEES' activities from the past week, to keep you informed about developments within the EU Bubble. Here are the highlights of the week: ⭐ Institute for European Environmental Policy (IEEP) shows #EUelections2024 results to endanger Green Deal’s implementation, ⭐ The European Investment Bank (EIB) wants to consolidate its role as “The Climate Bank”, ⭐ The International Energy Agency (IEA) released an Energy Efficiency Policy Toolkit 2024 to help doubling #energyefficiency progress by 2030, ⭐ Council of the European Union adopted the Electricity Market Design reform #EMD, ⭐ New energy efficiency rules for #datacentres were published in the Official Journal, ⭐The International Energy Agency (IEA) organised its 9th Annual Global Conference on Energy Efficiency, 🔎 More on this and other news in our EU Bubble newsletter, shared to our members: https://lnkd.in/eAVBN8GE hashtag #GreenDeal
