Is Ukraine war speeding Europe’s transition to renewable energy?
2 years, 1 month ago

Is Ukraine war speeding Europe’s transition to renewable energy?

Al Jazeera  

Shortages are leading to a policy pivot towards a cleaner energy future, but some see a lack of cash to sustain investment. Renewable energy production in Europe reached record levels following Russia’s invasion of Ukraine, leading some energy analysts to predict that Europe is poised to surge forward in creating clean energy. “This can be a historic turning point towards a cleaner and more secure energy system thanks to the unprecedented response from governments around the world,” IEA Executive Director Fatih Birol said. This was to help realise a goal to generate 32 percent of total final energy consumption from renewables by 2030. In 2021, amid reports of accelerating climate change, the EU decided to generate 40 percent of total final energy consumption from renewables by 2030.

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History of this topic

Mapped: The greenest countries in Europe
2 months, 2 weeks ago

Mapped: The greenest countries in Europe

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Earlier this year, wind and solar power overtook fossil fuel-generated power for the first time in Europe, …

Germany hails EU deal on renewable energy raising target for 2030 to 45%
1 year, 6 months ago

Germany hails EU deal on renewable energy raising target for 2030 to 45%

Associated Press  

BERLIN — Germany’s economy minister welcomed a deal Friday among European Union countries to increase by more than a third the bloc’s renewable energy target for 2030. “The new European rules will trigger an investment boom for renewables and make it legally binding,” said Economy Minister Robert Habeck, whose portfolio includes energy and climate. Under the new rules, countries that …

Renewable energy surges, driven by solar boom and high fuel prices, report finds
1 year, 6 months ago

Renewable energy surges, driven by solar boom and high fuel prices, report finds

Associated Press  

BERLIN — The world is set to add a record amount of renewable electricity capacity this year as governments and consumers seek to offset high energy prices and take advantage of a boom in solar power, according to a new report Thursday. The International Energy Agency said high fossil fuel prices — resulting from Russia’s attack on Ukraine — and …

Europe’s economic outlook brightens a little after avoiding recession. But inflation still squeezes
1 year, 7 months ago

Europe’s economic outlook brightens a little after avoiding recession. But inflation still squeezes

Associated Press  

FRANKFURT, Germany — The European Union’s executive body raised its economic growth forecast, saying Europe had dodged a winter recession that was feared amid an energy crisis but warning that stubbornly high inflation is likely to keep hurting the economy by sapping people’s ability to spend. The outlook for the 20 countries using the euro currency improved to growth of …

European leaders commit to more wind energy production
1 year, 7 months ago

European leaders commit to more wind energy production

Associated Press  

BRUSSELS — A group of Western European nations led by Germany and France on Monday committed to massively ramp up the production of clean energy from wind turbines in the North Sea, to both meet climate targets and reduce their strategic energy dependence on Russia. “We’ve seen over the past months what the impact is if you are too dependent …

EU reaches deal on more ambitious renewable energy targets for 2030
1 year, 8 months ago

EU reaches deal on more ambitious renewable energy targets for 2030

The Hindu  

European Union negotiators struck a political deal on Thursday on more ambitious targets to expand the use of renewable energy by 2030, an important pillar of the bloc's plans to fight climate change and end the use of Russian fossil fuels. Sweden leads the 27 EU countries with its 63% renewable energy share, while in Luxembourg, Malta, the Netherlands and …

Ukraine war expected to cost Germany 160 billion euros by the end of 2023
1 year, 10 months ago

Ukraine war expected to cost Germany 160 billion euros by the end of 2023

Hindustan Times  

The Ukraine war will have cost the German economy around 160 billion euros, or some 4% of its gross domestic output, in lost value creation by the end of the year, the head of the German Chambers of Industry and Commerce said. That means GDP per capita in Europe's largest economy will be 2,000 euros lower it would otherwise have …

Bleak global economic outlook amid the Ukraine proxy war
1 year, 10 months ago

Bleak global economic outlook amid the Ukraine proxy war

China Daily  

Thanks to the proxy war global growth is expected to decelerate sharply to 1.7 percent in 2023. West’s tough 2022 and darker 2023 Currently, the risk of recession casts a dark shadow over the US economy, in which rising food and energy prices, coupled with a tight labor market and the Federal Reserve’s misguided monetary responses, pushed inflation to multi-decade …

German Chancellor Reaffirms Aim to Achieve Climate Neutrality by 2045
1 year, 11 months ago

German Chancellor Reaffirms Aim to Achieve Climate Neutrality by 2045

News 18  

In a special address at the World Economic Forum Annual Meeting 2023, German Chancellor Olaf Scholz reaffirmed his country’s goal of attaining climate neutrality, or net-zero greenhouse gas emissions, by 2045. “Our transformation toward a climate-neutral economy – the fundamental task of our century – is currently taking on an entirely new dynamic,” said Scholz, “not in spite of, but …

Explained: What the Ukraine war means for the global battle against climate change
1 year, 11 months ago

Explained: What the Ukraine war means for the global battle against climate change

Firstpost  

One of the most profound impacts of the Ukraine war has been on global energy markets, and by extension, on the global fight against climate change. “In the short term, Russia has been a winner because of the increase in the price of oil,” said Daniel Yergin, vice chair of S&P Global and an energy historian. “Today’s energy crisis has …

Europe has avoided energy collapse. But is the crisis over?
1 year, 11 months ago

Europe has avoided energy collapse. But is the crisis over?

Associated Press  

FRANKFURT, Germany — Europe has dodged an energy apocalypse this winter, economists and officials say, thanks to unusually warm weather and efforts to find other sources of natural gas after Russia cut off most of its supply to the continent. In Germany, Europe’s largest economy, the government passed gas and electric price caps allowing small businesses and consumers to buy …

Europe has avoided energy collapse. But is the crisis over?
1 year, 11 months ago

Europe has avoided energy collapse. But is the crisis over?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. In Germany, Europe's largest economy, the government passed gas …

Amid the war in Ukraine, Eastern Europe is growing stronger
1 year, 11 months ago

Amid the war in Ukraine, Eastern Europe is growing stronger

Al Jazeera  

As 2022 is coming to a close, the war in Ukraine rages unabated. Germany’s cautious approach, banking on the notion that dense commercial links would create commonality of interest with Moscow, prevailed and was embraced by other major Western European powers, including France. That was the case even after Russia’s annexation of Ukraine’s Crimean Peninsula and the first stage in …

Which European nations are handling the energy crisis best?
2 years ago

Which European nations are handling the energy crisis best?

Al Jazeera  

France, Spain, Germany, Italy and Greece are doing some things right, but face challenging times ahead, say experts. An uneven risk Russia accounted for nearly half of Europe’s total natural gas imports in 2021, but some countries were always going to be more vulnerable than others. Challenges ahead Germany recently announced a new 200 billion euro package to deal with …

Ukraine’s wartime winter: Which energy facilities are at risk?
2 years ago

Ukraine’s wartime winter: Which energy facilities are at risk?

Al Jazeera  

Russian attacks have destroyed at least 40 percent of Ukraine’s energy facilities since the war began in February. “A neighbour of my parents was stuck in a small elevator for 20 hours because there was an electricity outage,” said Ilchuk, who is also a board member at the Women’s Energy Club of Ukraine. However, this winter will be the toughest …

IEA chief sees energy crunch for Europe next winter
2 years ago

IEA chief sees energy crunch for Europe next winter

Associated Press  

BERLIN — Europe should be able to cope with the natural gas supply crunch in the coming months thanks to considerable reserves although the continent could face a bigger energy crisis next winter, the head of the International Energy Agency said Thursday. Fatih Birol said that, barring unforeseen events, “Europe will go through this winter with some economic and social …

Ukraine war: boost or setback for climate efforts?
2 years, 1 month ago

Ukraine war: boost or setback for climate efforts?

Associated Press  

BERLIN — Luetzerath may be 1,000 miles from Ukraine, but it is an indirect victim of Russia’s invasion and some fear so is Earth’s climate. “The only path to energy security, stable power prices and a livable planet lies in accelerating the renewable energy transition.” But Germany’s center-left government says the war in Ukraine means tough decisions need to be …

Report says Russia’s war in Ukraine can speed up move to clean energy
2 years, 1 month ago

Report says Russia’s war in Ukraine can speed up move to clean energy

LA Times  

Wind turbines turn on top of a dump next to the a BP refinery in Gelsenkirchen, Germany, on Oct. 22. Spiraling energy costs caused by various economic factors and the Ukraine war could be a turning point toward cleaner energy, the International Energy Agency said in a report Thursday. “Energy markets and policies have changed as a result of Russia’s …

Ukraine war to speed shift to green energy, IEA says
2 years, 1 month ago

Ukraine war to speed shift to green energy, IEA says

Al Jazeera  

Energy crisis is leading to policy changes and more investment in green energy amid sanctions on Russia’s supplies. Russia’s invasion of Ukraine is likely to accelerate the world’s transition to greener energy from fossil fuels, the International Energy Agency said on Thursday. “Energy markets and policies have changed as a result of Russia’s invasion of Ukraine, not just for the …

Ukraine War Fallout: Is Energy Crisis Imminent in Europe? - News18
2 years, 2 months ago

Ukraine War Fallout: Is Energy Crisis Imminent in Europe? - News18

News 18  

The Russia-Ukraine conflict, euphemistically called a “special military operation” by Russia when it launched the offensive, more than seven months ago was not expected to last more than a few days or weeks. Despite alarm bells from a January 2009 crisis that led to the disruption of Russian gas transiting through Ukraine for two weeks, and Russia’s annexation of Crimea …

Ukraine war to slash European gas consumption ‘almost 50 per cent by 2050’
2 years, 2 months ago

Ukraine war to slash European gas consumption ‘almost 50 per cent by 2050’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Gas will meet just 10 per cent of Europe’s …

Weather chief: Ukraine war may be ‘blessing’ for climate
2 years, 2 months ago

Weather chief: Ukraine war may be ‘blessing’ for climate

Associated Press  

GENEVA — The head of the U.N. weather agency says the war in Ukraine “may be seen as a blessing” from a climate perspective because it is accelerating the development of and investment in green energies over the longer term — even though fossil fuels are being used at a time of high demand now. Taalas acknowledged that the war …

Europe scrambling to cope with energy crisis as winter approaches
2 years, 2 months ago

Europe scrambling to cope with energy crisis as winter approaches

The Hindu  

Published : Oct 06, 2022 09:55 IST Travelling through Germany and Slovenia at the end of August, I found it hard to see the effects of the worst energy crisis that Europe has been undergoing in recent years—a combination of the effect of Russia ceasing gas supplies and the worst drought the continent has faced in 500 years. As one …

World Bank: Ukraine’s war-torn economy will sink 35% in ’22
2 years, 2 months ago

World Bank: Ukraine’s war-torn economy will sink 35% in ’22

Associated Press  

WASHINGTON — Devastated by Russia’s invasion eight months ago, the Ukrainian economy will plunge 35% this year, the World Bank forecast Tuesday. The World Bank, a 189-country anti-poverty agency, estimates that rebuilding the country will cost at least $349 billion, 1.5 times the size of Ukraine’s prewar economy. “Ukraine continues to need enormous financial support as the war needlessly rages …

OECD: War in Ukraine to drag on global economy into 2023
2 years, 2 months ago

OECD: War in Ukraine to drag on global economy into 2023

Associated Press  

PARIS — Russia’s war in Ukraine and the lingering effects of the COVID-19 pandemic are dragging down global economic growth more than expected and driving up inflation that will stay high into next year, the Organization for Economic Cooperation and Development said Monday in a darkening outlook. The inflation and energy supply shock led the OECD to project annual economic …

Geopolitics of energy of the war in Ukraine & national responses to energy crisis
2 years, 2 months ago

Geopolitics of energy of the war in Ukraine & national responses to energy crisis

Hindustan Times  

The geopolitics of energy of the Russia-Ukraine war has exacerbated the energy problems globally risking the stability of the global markets, which have already been reeling through rising inflation and slowing growth. The war in Ukraine creates a vicious cycle of disruption of global supply chains, which in turn affects the prices of energy and essential commodities as well as …

Lights out, ovens off: Europe preps for winter energy crisis
2 years, 2 months ago

Lights out, ovens off: Europe preps for winter energy crisis

LA Times  

An employee pushes bread rolls into one of the gas-heated ovens in the producing facility in Cafe Ernst in Neu Isenburg, Germany, on Sept. 19. With costs high and energy supplies tight, Europe is rolling out relief programs and plans to shake up electricity and natural gas markets as it prepares for rising energy use this winter. German Chancellor Olaf …

European Union to unveil new responses to energy crisis
2 years, 3 months ago

European Union to unveil new responses to energy crisis

The Hindu  

The European Union's next steps for addressing the continent's worsening energy crisis following Russia's invasion of Ukraine are expected to be unveiled next week, the European commissioner for energy said on September 6. Russia's state-run energy company has continued its shutdown of a pipeline carrying natural gas to Europe, in what German officials see as a political power play, and …

Germany upbeat on energy security; Baltics count on wind
2 years, 3 months ago

Germany upbeat on energy security; Baltics count on wind

Associated Press  

BERLIN — German Chancellor Olaf Scholz insisted Tuesday that his country was well-prepared to tackle a possible energy shortage due to Russia’s squeeze on European gas supplies, as fears grow about the rising prices that will hit consumers across the continent this winter. Russia’s state-controlled energy company Gazprom further reduced gas deliveries to the French company Engie, raising fears that …

A battle for Ukraine’s mineral and energy wealth
2 years, 4 months ago

A battle for Ukraine’s mineral and energy wealth

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Recommended Ukrainian grandmother spends four months living in basement …

Russia-Ukraine war could derail a renewable energy future
2 years, 5 months ago

Russia-Ukraine war could derail a renewable energy future

Hindustan Times  

On February 24, 2022, Russia declared war on its neighboring country, Ukraine. Despite the warning of a potential economic recession by 2030, Germany, as the main European beneficiary of these Russian exports and the largest European economy announced during the early days of the war, that it will stop its Russian oil imports by end of this year followed by …

Russia’s war to keep hitting EU economy, push up inflation
2 years, 5 months ago

Russia’s war to keep hitting EU economy, push up inflation

Associated Press  

BRUSSELS — Russia’s war in Ukraine is expected to wreak havoc with the European Union’s economic recovery for the foreseeable future with lower annual growth and record-high inflation, the bloc’s economic forecast showed Thursday. “Russia’s war against Ukraine continues to cast a long shadow over Europe and our economy,” EU Vice President Valdis Dombrovskis said. Further reductions in gas supply …

War surges Norway’s oil, gas profit. Now, it’s urged to help
2 years, 6 months ago

War surges Norway’s oil, gas profit. Now, it’s urged to help

Associated Press  

STAVANGER, Norway — Europe’s frantic search for alternatives to Russian energy has dramatically increased the demand — and price — for Norway’s oil and gas. Polish Prime Minister Mateusz Morawiecki, who is looking to the Scandinavian country to replace some of the gas Poland used to get from Russia, said Norway’s “gigantic” oil and gas profits are “indirectly preying on …

Russia Ukraine Conflict Could Cause Global Recession, Says World Bank Chief
2 years, 6 months ago

Russia Ukraine Conflict Could Cause Global Recession, Says World Bank Chief

News 18  

David Malpass, chief of the World Bank. has warned that Russia’s ongoing invasion of Ukraine could cause a global recession as the price of food, energy and fertiliser jump. “As we look at the global GDP, it’s hard right now to see how we avoid a recession… The idea of energy prices doubling is enough to trigger a recession by …

Ukraine war: COP26, IEA heads warn of digging in on fossil fuels
2 years, 7 months ago

Ukraine war: COP26, IEA heads warn of digging in on fossil fuels

Al Jazeera  

Alok Sharma and Fatih Birol say they are hopeful the global hydrocarbon crisis could spur a transition to green energy. “If you do so, we will lock in our energy infrastructure and the chances of reaching our climate goals, which were once again agreed to and endorsed in Glasgow, will be diminishing substantially.” Those COP26 pledges include a pact to …

4 EU nations to harness North Sea wind for green transition
2 years, 7 months ago

4 EU nations to harness North Sea wind for green transition

Associated Press  

COPENHAGEN, Denmark — Four European Union countries plan to speed up the continent’s green transition and help wean it off Russian energy imports through a large new project to build wind farms in the North Sea, Danish Prime Minister Mette Frederiksen said Wednesday. She said her country, together with Belgium, the Netherlands and Germany, “want to increase our total offshore …

Europe’s push to cut Russian gas faces a race against winter
2 years, 7 months ago

Europe’s push to cut Russian gas faces a race against winter

Associated Press  

While Europeans bask in the warmth of spring, governments are in a race against winter. “There’s no additional supply,” said James Huckstepp, manager for Europe, Middle East and Africa gas analytics at S&P Global Commodity Insights. But there’s a long way to go — Russia sent 155 billion cubic meters of natural gas to Europe annually before the war. Huckstepp …

EU unveils $220bn plan to ditch Russian energy
2 years, 7 months ago

EU unveils $220bn plan to ditch Russian energy

Al Jazeera  

Brussels plans to spend $314bn by 2030 to end its dependency on Russian oil and gas imports. Taken together, Brussels expects them to require 210 billion euros in extra investments by 2027 and 300 billion euros by 2030 on top of those already needed to meet the bloc’s 2030 climate target. The Commission said some investments in fossil fuel infrastructure …

EU cuts forecast for economic growth as war’s fallout widens
2 years, 7 months ago

EU cuts forecast for economic growth as war’s fallout widens

Associated Press  

BRUSSELS — The European Union has slashed its forecasts for economic growth in the 27-nation bloc amid the prospect of a drawn-out Russian war in Ukraine and disruptions to energy supplies. The EU’s gross domestic product will expand 2.7% this year and 2.3% in 2023, the bloc’s executive arm said Monday — its first economic predictions since Russia invaded Ukraine …

Europeans weigh costs of cutting Russian energy over Ukraine
2 years, 7 months ago

Europeans weigh costs of cutting Russian energy over Ukraine

Associated Press  

MILAN — Across Europe, rising energy prices are testing the resolve of ordinary consumers and business owners who are caught between the continent’s dependence on cheap Russian energy and its revulsion over President Vladimir Putin’s invasion of Ukraine. European Union countries import 40% of gas and 25% of oil from Russia, and the current EU timetable doesn’t foresee energy independence …

Europe’s Russia oil embargo risks flaring already hot inflation
2 years, 7 months ago

Europe’s Russia oil embargo risks flaring already hot inflation

Al Jazeera  

Most Eastern European countries still depend on Russia for more than half of their crude imports. While European Commission President Ursula von der Leyen promises the planned embargo will be implemented “in a way that allows us and our partners to secure alternative supply routes,” German Economy Minister Robert Habeck has warned the region’s top economy will suffer, citing possible …

US: Ukraine war ‘screams’ need to reject Russian energy
2 years, 7 months ago

US: Ukraine war ‘screams’ need to reject Russian energy

Associated Press  

ATLANTIC CITY, N.J. — U.S. Energy Secretary Jennifer Granholm said Wednesday that Russia’s war on Ukraine “screams” that the world needs to stop importing oil and gas from Russia and instead move toward other forms of energy. At an international forum on offshore wind energy in Atlantic City, Granholm said the U.S. as well as its energy industries “are on …

US: Ukraine war 'screams' need to reject Russian energy
2 years, 7 months ago

US: Ukraine war 'screams' need to reject Russian energy

ABP News  

Atlantic City, Apr 27 : US Energy Secretary Jennifer Granholm said Wednesday that Russia's war on Ukraine “screams” that the world needs to stop importing oil and gas from Russia and instead move toward other forms of energy. At an international forum on offshore wind energy in Atlantic City, Granholm said the U.S. as well as its energy industries “are …

German bosses, unions jointly oppose boycott of Russian gas
2 years, 8 months ago

German bosses, unions jointly oppose boycott of Russian gas

Associated Press  

BERLIN — Germany’s employers and unions have joined together in opposing an immediate European Union ban on natural gas imports from Russia over its invasion of Ukraine, saying such a move would lead to factory shutdowns and the loss of jobs in the bloc’s largest economy. “A rapid gas embargo would lead to loss of production, shutdowns, a further de-industrialization …

West's sanctions and Putin's search for new energy markets: Can Europe cope with oil, gas shortages?
2 years, 8 months ago

West's sanctions and Putin's search for new energy markets: Can Europe cope with oil, gas shortages?

India Today  

Faced with several sanctions, especially in the energy sector, Russia is now looking toward alternative markets for its energy exports. Russia’s power over the European market was seen when gas prices suddenly dropped in October 2021, following Putin’s comments on stepping in to “stabilize” the energy market. Although OECD Europe received most of Russia’s crude oil and natural gas exports …

How the war in Ukraine could speed up Europe's climate plans
2 years, 8 months ago

How the war in Ukraine could speed up Europe's climate plans

NPR  

How the war in Ukraine could speed up Europe's climate plans Enlarge this image toggle caption Cliff Owen/AP Cliff Owen/AP The war in Ukraine has made getting more fossil fuels to Europe a top priority of the Biden Administration, in order to wean European Union members off Russian energy. What U.S. politicians can - and can't - do for Europe …

Bountiful wind, sun boost German renewable power this year
2 years, 8 months ago

Bountiful wind, sun boost German renewable power this year

Associated Press  

BERLIN — Germany recorded about 25% more electricity generated from renewable sources in the first three months of the year compared with the same period last year thanks to unusually windy and sunny weather, industry officials said Monday. Preliminary calculations by the energy lobby group BDEW and the Center for Solar Energy and Hydrogen Research indicate that Germany generated about …

Russia-Ukraine war shakes Europe path to energy independence, climate goals
2 years, 8 months ago

Russia-Ukraine war shakes Europe path to energy independence, climate goals

India Today  

Before Russia’s war in Ukraine, Europe’s most pressing energy policy goal was reducing carbon emissions that cause climate change. But longer term, the geopolitical and price pressures stoked by Russia’s war in Ukraine may actually accelerate Europe’s transition away from oil, gas and coal. The rapid pursuit of energy independence from Russia will likely require “a slight increase” in carbon …

War shakes Europe path to energy independence, climate goals
2 years, 8 months ago

War shakes Europe path to energy independence, climate goals

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

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