Breakthrough Energy Ventures Europe (BEV-E), a new €100 million investment fund was established by the European Commission, the European Investment Bank and Breakthrough Energy Ventures during the Fourth Mission Innovation Ministerial meeting in Vancouver, Canada.
The Commission is releasing €750 million of funding for key European energy infrastructure projects with major cross-border benefits. Supporting the construction of necessary infrastructure, contributes to the Commission's energy policy priorities of improving energy security, whilst giving consumers more choice, and spurring economic growth and jobs.
In order to achieve the Paris Agreement’s goals, the EU will have to meet the targets, rules and guidelines detailed in the ‘Clean energy for all Europeans’ package. This means addressing key issues like energy security.
As negotiations on the EU’s Clean Energy Package reach crunch time, a lot is still up in the air for wind energy. With a critical Energy Council meeting on June 11 and a final meeting on June 13, where a deal is due to be struck on the Renewable Energy Directive, a key part of the Package, there has been headway on some points but others are still to play for.
Today EU Member States agreed on the Commission's proposal to invest €873 million in key European energy infrastructure projects.
The first high-level meeting of the renewables section of the EU Clean Energy Industrial Competitiveness and Innovation Forum took place in Brussels on 9th January at the European Commission.
The Energy Council agreed general approaches on four key files of the EU Clean Energy Package. These will serve as the basis for negotiations with the European Parliament in 2018. As far as the wind industry is concerned, there was progress on some key issues but Ministers fell short on others.
Some of the world’s largest multinationals and energy companies today issued a joint declaration urging EU Member States to support a renewable energy target of at least 35% by 2030. The declaration was signed by members of RE100, the World Business Council for Sustainable Development, Solar Power Europe and WindEurope.
Mayors and city representatives from the five continents gathered today at the UN climate conference (COP23) in Bonn to demonstrate how they are taking tangible steps to drive global climate action forward, helping to raise ambition.
The Council agreed its position on a proposal for a revised directive on energy efficiency. This agreement will allow for the start of negotiations with the European Parliament under the Estonian presidency.