The urgency to succeed in financing the energy transition and reorienting private capital to sustainable investments requires a comprehensive shift in how the financial system works. The role of major market participants, investors, and policymakers in facilitating this shift is essential. To develop more green and sustainable economic growth, there is a need to: broaden […]
This week the European Commission will publish ‘Fit for 55’ – the package intended to set the EU on the path to a greenhouse gas (GHG) emissions reduction of 55% by 2030 and, ultimately, climate neutrality by 2050. The package will contain more than a dozen legislative proposals, both for new and existing laws. It […]
The Covid-19 crisis has laid bare the vulnerability of coal regions. Economic recovery and associated funding, as well as the need for new low-carbon solutions, offers a unique opportunity to address the transition of coal regions. The combination of worsening economics of coal and the increasingly universal move towards carbon neutrality makes redeveloping coal regions […]
This study evaluates the scope of Article 8(4) of the Energy Efficiency Directive. Companies that are not small or medium-sized enterprises (SMEs) as defined in EU Recommendation 2003/361/EC1 are currently required to conduct an energy audit every four years. For both the companies concerned and the implementing authorities, it is difficult to determine whether a […]
An EU low-carbon economy, with a fully decarbonised power sector at its core, will require very large volumes of low-carbon electricity. To date, offshore wind holds the most promise for the necessary volumes to be realised. While the North Sea offers the best prospects by far, there is significant potential in other waters, including the […]