EU €17.5B green economy transition fund approved
Just Transition Fund, aimed at helping transition to a low carbon economy across Europe, has been approved.
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Tag: energy transition
New collaboration to accelerate energy transition
Baker Hughes and Bloom Energy will collaborate on the potential commercialization and deployment of integrated, low carbon power-generation and hydrogen solutions to advance the energy transition.
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€1 billion for energy transition in France
The European Investment Bank (EIB) and Caisse des Dépôts are making a new €1 billion credit line available for sustainable projects across France.
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Fossil energy to make way for renewables
Belgium – The worldwide energy transition is in full swing. In time, fossil energy will have to make way for renewable alternatives, Jan de Nul writes. Nuclear power plants will make room for offshore wind farms at sea, wind turbines on land and solar panels. A constant supply of electricity to the grid will be […]
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Enel X and ASMEL support Italian energy transition
Italy – Enel X and ASMEL, the Association for Subsidiarity and Modernization of Local Authorities, have signed an agreement to support energy transition. The goals of the partnership are to promote initiatives among local authorities for the creation and management of energy communities, the energy upgrading of public and private buildings, public lighting and the […]
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New company aids energy transition in Eastern Mediterranean
Cyprus – Saipem and Hyperion Systems Engineering have jointly created a company that will help clients to achieve energy transition goals. Saipem-Hyperion Eastmed Engineering will be jointly controlled and based in Cyprus. The new company will provide highly specialized consultancy and engineering services for energy and infrastructure industries in the Eastern Mediterranean region. It will […]
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EU to invest €10 billion in green and digital transition
European Commission has proposed set up of 10 new European Partnerships between the European Union, Member States and the industry, with the goal to speed up the transition towards a green, climate neutral and digital Europe. The EU will provide nearly €10 billion of funding that the partners will match with at least an equivalent […]
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BP and Microsoft join forces in energy transition
Bp and Microsoft announce to work together as strategic partners to promote the digital transformation in energy systems. The companies link their joint ambitions to completely eliminate CO2 emissions by 2050. Earlier this year, bp announced its ambition to become a net zero emissions company by 2050 or earlier. And help the world achieve net […]
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Energy transition calls for new alliances
If notorious CO2 emitters such as the steel and cement industries manage to produce fossil-free, then also other sectors could manage. The message Vattenfall CEO Magnus Hall is spreading is hopeful. The story of Vattenfall literally starts at the Swedish Falls. At the beginning of the twentieth century, the state-owned company was already using hydropower […]
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Germany and the Netherlands joined in energy transition
Like the Netherlands, Germany aims for climate neutrality in 2050. The consequences of this are becoming increasingly clear. Both countries have to work hard to achieve their respective goals, and can help each other in doing so. Germany is regarded worldwide as a pioneer in the Energiewende. However, this does not mean that the Germans […]
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