The European Commission has approved the fourth Important Project of Common European Interest (IPCEI) under EU State aid rules to support research within the hydrogen value chain.
The European Commission has set out immediate actions to support the European wind power industry.
Romania will assume climate neutrality in the time horizon of 2050, says Ionuţ-Sorin Banciu, state secretary in the Ministry of Environment, Water and Forests (MMAP).
The production of green energy must increase eight times, to achieve global climate neutrality by 2050, according to a PwC analysis.
The Council adopted new rules to reduce final energy consumption at the EU level by 11.7% in 2030.
The European Commission announced 18 new projects which will receive over €106 million to contribute to the EU Mission ”Restore our Ocean and Waters”.
Between August 2022 and January 2023, Romania is managing to reduce fossil gas consumption by approximately 25%, according to a report published by CEE Bankwatch Network. According to the report, Romania allocates four times more European funds for fossil gas, despite the climate objectives. Between 2014 and 2020, fossil gas-based projects in Romania and Poland benefited from €230 million and €1.3 billion respectively from European funds.
MEPs back plans for a climate-neutral building sector by 2050. Buildings account for 36% of greenhouse-gas emissions. New buildings to be zero-emission from 2028. Member states will establish the measures needed to achieve these targets in their national renovation plans.
Existing buildings in the European Union should be converted into zero-emission buildings by 2050 and all new buildings should be zero-emission from 2028.
Achieving climate neutrality will unlock significant opportunities for development, economic growth, and technological innovation.
PPD Global, a leading distributor of premium beverages in Romania, has invested €500,000 to equip its Bucharest logistics center with modern photovoltaic panels, totaling 405 kWp of installed power.
ENGIE Romania has expanded its renewable energy portfolio by completing its first hybrid plant, combining wind and solar power, with a total installed capacity of 57 MW.
Restart Energy has completed the construction and installation of a photovoltaic project for the company Mobilaiud worth more than €850,000.
Transelectrica has signed with Georgian State Electrosystems, AzerEnerji, and MVM Electrical Works the shareholders' agreement for the Green Energy Corridor Power Company.
