Tag: energy consumption (19 articles)

Environment   |   21 June, 2023 at 12:00 PM

Eurelectric presents scenarios for Europe to reach net-zero carbon target

The Eurelectric Association, which represents the electricity industry at the European level, has published a landmark study highlighting three scenarios for Europe to reach its net zero carbon target. Looking ahead to 2030, 2040, and 2050, the Decarbonisation Speedways study confirms the key role of clean electrification in accelerating Europe's path to climate neutrality and highlights its potential to reduce household energy bills.

Industry   |   17 May, 2023 at 5:09 PM

CERC's online platform calculates your personal carbon footprint

An online platform calculates your personal carbon footprint over the course of a year in terms of transport, waste, and energy consumption. The calculator is available on the economiecirculara.eu platform has algorithms that are based on international standards and measurements and measure the carbon footprint within a year.

Business   |   10 May, 2023 at 9:07 AM

BASF to invest to €4 billion to achieve its climate protection targets

BASF plans to invest up to €4 billion to achieve its climate protection targets by 2030. The group wants to reduce greenhouse gas emissions from our production sites and our energy purchases by 25% by 2030, compared with the 2018 baseline. BASF set a global target to promote female leadership and aims to increase the proportion of women in leadership positions to 30% by 2030.

Business   |   30 March, 2023 at 5:41 PM

Companies that invest in sustainability can earn more

Companies that engage in sustainable practices record higher financial performance and are 2.4 times more likely to increase their financial return. According to Quartz Matrix, a Romanian technology and services company, the sure steps towards a sustainable company begin with the identification of internal processes that can be automated or made more efficient with the help of technology. Also, modern technologies help companies to cut costs and become more responsible towards the planet.

Industry   |   28 March, 2023 at 9:32 AM

Oncos Transilvania installs smart lighting, reducing energy consumption

E.ON Energie Romania and Oncos Transilvania have completed a smart lighting project of over €500,000. The classic lighting system in 45 company halls in Cluj and Sălaj counties was replaced. Energy consumption will be reduced by over 70%, and the carbon footprint will decrease by over 230 tons/year.

Business   |   20 February, 2023 at 2:41 PM

Companies consider ESG to be an important investment criterion

A study conducted by EY among 1,325 companies shows that 76% consider ESG to be a main or important investment criterion, and 5G investments are the most likely to involve ESG as a main objective. Responding companies show that emerging technologies offer a wide range of positive contributions to their sustainability efforts, with reducing energy consumption and improving sustainability measurement at the top of the list.

Real estate   |   19 January, 2023 at 10:45 AM

Romania to implement new rules for energy building performance

New technical regulations regarding the methodology for calculating the energy performance of buildings will be enforced in Romania starting February. The new rules will help the local construction market will take an important step forward by aligning with European standards and trends in terms of sustainability

Real estate   |   19 January, 2023 at 10:44 AM

How will CEE's energy consumption structure impact real estate?

The concentration of population in rural areas, lower construction standards and less service-driven economy contribute to the divergence between the CEE region and Western European states when it comes to energy consumption structure, reveals Colliers in its recent report.

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