The global energy transition, projected to cost €190 trillion by 2050, could see cost reductions of nearly 25% through the use of de-risking instruments.
Helexia has installed 27,000 photovoltaic panels in 28 retailers Auchan and Leroy Merlin.
However, economic volatility, geopolitical tensions, and technological shifts have slowed the pace of the transition.
The E.ON Group has announced that it is issuing green bonds of €1.5 billion, in the first days of 2024.
An investment of $37 trillion is needed by 2030 to finance the energy transition, of this, $19 trillion at most is already committed, leaving an investment gap of $18 trillion, according to Boston Consulting Group.
The electricity market needs new operating rules to integrate green energy and reach the net zero goal, a PwC report shows.
SPIE Energy Poland announced new projects at a time of major investment in Poland to support the energy transition.
In 2023, renewable energy accounted for 24.5% of the EU's gross final energy consumption, marking a 1.4 percentage point increase compared to 2022.
EU countries have updated their goals for the deployment of offshore renewable energy up to 2050 in each of the EU's 5 sea basins, with intermediate objectives to be achieved by 2030 and 2040.
Registrations of battery-electric cars declined by 9.5% to 130,757 units in November 2024.
Nuclearelectrica announced a €1.9 billion EPC contract with an international consortium to refurbish Unit 1 and extend its life by 30 years.
