Energy | 7 November, 2024 at 5:34 PM
OMV Petrom to supply sustainable aviation fuel
OMV Petrom and TAROM announced the signing of a contract for the supply of sustainable aviation fuel (SAF), a first for Romanian aviation.
OMV Petrom and TAROM announced the signing of a contract for the supply of sustainable aviation fuel (SAF), a first for Romanian aviation.
TAROM aims for a new record for the most efficient medium-courier flight, part of the "SkyTeam Sustainable Flight Challenge" competition. The TAROM company participates, for the second consecutive year, in the sustainable flight challenge organized by the SkyTeam alliance. The sustainable TAROM Bucharest-Madrid-Otopeni route, operated with a Boeing 737-800 aircraft, meant a fuel economy of approximately 800 kg. Essentially, the fuel economy results in a significant reduction in CO2 emissions of over 2.5 tonnes.
Tarom allocates resources to achieve an ambitious goal of zero greenhouse gas emissions by 2050. The company mentions that it understands that climate change is real and requires immediate action.
Romania has set ambitious targets to reduce greenhouse gas emissions by 78% by 2030 and achieve climate neutrality by 2050.
Greenvolt Next entered the local market in the last quarter of 2023, supporting Romanian companies with innovative solutions for generating and consuming electricity through customized photovoltaic systems (rooftop, ground-mounted, carports), energy efficiency interventions, solar storage, and electric mobility.
The European Commission and the European Investment Bank (EIB) Group are collaborating with national promotional banks (NPBs) and international financial institutions (IFIs) to create new financing opportunities for affordable and sustainable housing across Europe.
The European Commission has approved, under EU State aid rules, a €400 million Austrian State aid scheme, and a €36 million Lithuanian State aid scheme, to support the production of renewable hydrogen through the European Hydrogen Bank's “Auctions-as-a-Service” tool for the auction closing in 2025.
PGE Polska Grupa Energetyczna has contracted LG Energy Solution Wrocław to build a 262 MW, 981 MWh electricity storage facility in Żarnowiec, valued at €372 million. Completion is expected by Q2 2027.
