EU and India to collaborate on green hydrogen

According to theAmbassador of the European Union to India, there is great potential for India and the European Union (EU) in the field of green hydrogen for taking initiatives like the EU’s Global Gateway and thereby accelerate green transition, The ambassador was speaking at an event organized by RIS in collaboration with the Ministry of

EU fasten permitting system for renewable energy projects

The Ukraine-Russia conflict is bringing Europe to expedite renewable energy expansion in the region that will just enable the European Union to end its dependence on Russian gas and oil. In a fresh development, the European Commission may propose a new framework that will fasten the permitting system for renewable energy projects in the member

EU parliament votes for full import ban on Russian fossil fuels

The European Parliament has overwhelmingly upheld a call for a swift and full embargo on Russian oil, gas, coal and nuclear fuel imports. The resolution was approved on Thursday with 413 votes in favour, 93 against and 46 abstentions and goes much further than a raft of new sanctions proposed by the European Commission this

EU plans to cut energy dependence on Russian gas drastically

The European Commission has outlined a new energy roadmap designed to cut reliance on Russian gas by two-third in just a year, BBC reported. The plan envisages ending reliance on all Russian fossil fuels “well before” 2030. In the short term, gas should be sourced from the US and Africa while some countries may need

EU energy ministers to discuss plans for supply shocks from Ukraine crisis

Energy ministers from European Union countries will on Monday discuss preparations for potential energy supply shocks and measures to shore up gas stocks following Russia’s invasion of Ukraine. The invasion of Ukraine by Russia, Europe’s top gas supplier, has sharpened concerns of disruption to energy supplies and increased scrutiny of European Union countries’ reliance on

Why sanctions on Russia aren’t targeting oil and gas?

There’s an elephant in the room. Since Thursday, when Russian troops stormed into Ukraine, the U.S., the E.U., and their allies have announced a raft of sanctions designed to hurt Russia’s economy and financial system, and make President Vladimir Putin reconsider his invasion. But measures targeting exports of oil and gas, which provided 36% of

EU seeks extra LNG from Japan, hedging against Russia cutoff

The European Commission has approached the Japanese government about sending additional liquefied natural gas to hedge against a possible retaliatory cutoff of supply from Russia following Moscow’s invasion of Ukraine, Nikkei has learned. This infusion would be on top of the LNG that Japan agreed to deliver to Europe in March. The European Union and

EU proposes rules to label some gas and nuclear investments as green

Investments in some gas and nuclear power plants would be labelled as sustainable under rules proposed by European Commission on Wednesday, a plan that has split countries and investors, and which some lawmakers will attempt to block. Brussels has taken more than a year to decide if gas and nuclear energy should count as green

EU drafts plan to label gas and nuclear investments as green

The European Union has drawn up plans to label some natural gas and nuclear energy projects as “green” investments after a year-long battle between governments over which investments are truly climate-friendly. The European Commission is expected to propose rules in January deciding whether gas and nuclear projects will be included in the EU “sustainable finance

EU sees biofuel consumption fall by 2031

Biofuel consumption in the European Union is set to fall by 2031 as road transport moves away from fossil fuel, while palm oil imports would plummet, slashed by stricter environment regulation, the European Commission said on Thursday. In its 2021-2031 Agricultural Outlook, the Commission projected that EU biodiesel use will fall 24% to 14.3 billion