Deal struck on reducing EU buildings emissions and energy use

The Energy Performance of Buildings Directive aims to substantially reduce greenhouse gas emissions and energy consumption in the EU buildings sector by 2030 and make it climate-neutral by 2050

Greenlight for €2.6bn German aid for RWE’s early closure of lignite power plants

The use of coal for the production of electricity will have to be phased out by 2038 under German law

French €4.12bn to support floating offshore wind granted EU approval

The state aid will support the construction of two floating offshore wind farms in the Gulf of Lion

EU updates rules to decarbonise gas markets and promote hydrogen

MEPs have secured the possibility for member states to restrict imports of gas from Russia and Belarus, both via pipelines or LNG

EU proposes three-year delay on EV and battery trade rules with UK

A 10% tariff due to have started on 1st January would have cost UK citizens ‘an extra £3,400 on average’

EU approves €6.5bn German scheme to address carbon leakage risks

The measure will partially compensate energy-intensive firms by covering part of the higher fuel prices resulting from the German emissions trading system

€5bn Czech scheme to support energy producers given EU greenlight

Under the measure, subsidised loans will be provided to large energy producers to meet the collateral requests in the energy trading markets

VoltStorage bags €30m from EU bank for ‘game-changing’ tech

The German firm aims to make renewable energy available around the clock using sustainable batteries, with plans to bring its Iron-Salt-Battery technology to utility-scale from 2025

EU launches €466m green economy initiative in the Philippines

The Team Europe Initiative on Green Economy will develop an industry-led alternative model to the current plastic waste management approach and a circular economy policy

EU greenlights France’s €1.5bn aid to support innovative EV batteries

The measure will enable ProLogium Technology to develop a new generation of solid-state batteries