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Last week came to be a crucial one for the long-standing dispute between the Russian energy giant Gazprom and the European Union. Gazprom will work on a compromise with EU regulators and will finalise a deal to end a five-year antitrust case avoiding fines and any other imposed term, according to official declaration. The news […]
This article was exclusively written for the European Sting by Mr Maroš Šefčovič, Vice-President of the European Commission responsible for the Energy Union. The role of energy in our day-to-day lives is undoubtedly crucial for the functioning of any modern society. From powering homes, our vehicles, and our industries, energy is one of the most important commodities in the […]
It was last Tuesday when the Commission launched a set of measures to increase energy security in the European Union. The executive arm of the EU now aims mainly at reducing dependency from countries outside the bloc (i.e. Russia), endorsing the energy union and decreasing the use of fossil fuels by replacing them with renewables. Being one […]
The World Economic Forum 2016 in Davos opened its doors earlier this morning with the first major session of the day and of the Forum being on Climate Change. Its title was “Around the World without Fuel or Fear” and it took place in the Congress Hall of the Davos Congress Centre. The stimulating session […]
Following a few months of mere “meditation”, the European Commission and Russia held a bilateral meeting in Vienna last week where they finally made progress on Ukraine gas supplies and energy security. Russia was represented by the Minister for Energy, Mr. Alexander Novak and the CEO of Gazprom, Mr. Alexej Miller. The EU was represented by Maroš Šefčovič, Vice-President […]
Last week, amid uncertainty driven by the Greek vote in the referendum, an important step towards Energy Union was taken. Fifteen EU and Energy Community countries signed a deal to accelerate the building of gas infrastructure, and so to reduce their long lasting reliance on Russia. Ministers from Ukraine and other fourteen countries, more than half […]
The UN talks that are being held in the context of a 10-day climate conference in Bonn are highly crucial for the preparation of the final agreement that must be signed at the climate summit in Paris in 6 months from now. Therefore, officials from 190 nations are gathered in the German city to discuss […]
The proposal of the European Commission (EC) back in 2012 regarding the reduction of traditional biofuels as renewable energy sources to 7% of final energy consumption in transport by 2020 seems to have serious chances of being adopted by the European Parliament (EP) since the environment committee was in favor of this proposal during yesterday’s meeting. […]
The European Commission (EC) official convened in Brussels two days ago to discuss and decide about the crucial matter of the European Energy Union. The strategy of the implementation of this Union was presented and according to Maros Šefčovič, vice-president of the EC, would be “the biggest energy project since the Coal and Steel Community”. However, […]
Yesterday at the European Parliament a crucial vote for environmental protection was cast. The Environment Committee of the Parliament made a decisive step towards the limitation of greenhouse gas emissions in the Old Continent, combatting climate change. What is known as the biggest carbon emission market in the world, the EU, will be tackling the issue with […]
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