How electrification can help with net zero

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bjarke Buchbjerg, CTO, Kyoto Group AS, Jozefien Vanbecelaere, Head of EU Affairs, European Heat Pump Association, Natalia Zabolotnikova, Accenture Fellow , World Economic Forum, Xabier Mugarza Zorriqueta, Project Fellow, Clean Power and Electrification, World Economic Forum The industrial sector is directly responsible for […]

Commission welcomes deal on electricity market reform

This article is brought to you in association with the European Commission. The Commission welcomes the provisional agreement reached today by the European Parliament and Council on the reform of the EU’s electricity market design. This deal will help the EU build a renewables-based energy system, lower energy bills and better protect consumers from price spikes and empower them to benefit from the […]

Creating a more stable, affordable and sustainable electricity market

This article is brought to you in association with the European Parliament. Parliament today gave the green light to start negotiations with Council to reform the EU’s electricity market. The decision to open talks with member states, as proposed by the Industry, Research and Energy committee in July 2023, was taken with 366 votes to 186, […]

MEPs back plans for a more affordable and consumer-friendly electricity market

This article is brought to you in association with the European Parliament. In their amendments to the draft legislation, MEPs propose to further strengthen consumer protection against volatile prices. Consumers should have the right to fixed-price contracts, dynamic price contracts, as well as more key information on the options they sign up to, banning suppliers from […]

3 CEOs explain how a holistic approach to mobility and electricity can achieve net zero faster

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Maya Ben Dror, Industry Manager, Automotive and New Mobility & Advanced Manufacturing, World Economic Forum, Na NaCommunity Lead, China Automotive and New Mobility, World Economic Forum Beijing Industries traditionally plan decarbonization strategies and infrastructure in isolation, resulting in […]

IEA: More than a third of the world’s electricity will come from renewables in 2025

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stefan Ellerbeck, Senior Writer, Forum Agenda A significant rise in CO2 emissions from the global power sector is unlikely over the next few years, thanks to the rapid rise in renewable energy capacity. That’s one of the key findings […]

A record share of US electricity comes from zero-carbon sources – but more work is needed 

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stefan Ellerbeck, Senior Writer, Forum Agenda Power capacity from clean energy sources comprised a record 40.6% of the US electricity mix in 2022, according to the Business Council for Sustainable Energy.This includes nuclear power, which is not renewable, but […]

Electricity Market Design: Commission launches consultation on reform to support a clean and affordable energy transition

This article is brought to you in association with the European Commission. Today, the European Commission is launching a public consultation on the reform of the European Union’s electricity market design to better protect consumers from excessive price volatility, support their access to secure energy from clean sources, and make the market more resilient. The current […]

Why tackling the energy crisis calls for collective action

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Caroline Das-Monfrais, Chief Strategy Officer, Europe, Middle East & Africa, FTI Consulting, Elizabeth Adams, Senior Managing Director, Energy Transition, Strategic Communications, FTI Consulting Against a rapidly changing global landscape, the energy crisis looms large. The world is facing […]

World’s most powerful tidal turbine pumps out greener electricity in Scotland

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content The Orbital O2 can generate enough green electricity for 2,000 homes and will operate for 15 years. It will offset the equivalent of 2,200 tonnes of CO2 per year. Wave and tidal […]

7 steps to make electricity systems more resilient to climate risks

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Fatih Birol, Executive Director, International Energy Agency Recent extreme weather events across the globe highlight the energy security risks that climate change brings; From heatwaves to droughts, these challenges highlight the urgent need for strong and well-planned policies […]

State aid: Commission approves German support for cogenerated electricity

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, the prolongation and modification of an existing German scheme to support the production of electricity from new, modernised and retrofitted highly efficient cogeneration (‘CHP’) plants (except coal and lignite-fired CHP). The scheme (‘Kraft-Wärme-Kopplungsgesetz’ – […]

State aid: Commission approves prolongation and modification of German scheme to support electricity production from renewable energy sources

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, the prolongation and modification of a German scheme to support the production of electricity from renewable energy sources and from mine gas, as well as reductions of charges to fund support for electricity from […]

What has COVID-19 taught us about decarbonized electricity grids?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Luis Badesa, Research Associate, Imperial College London & Goran Strbac, Professor of Electrical Energy Systems, Imperial College London In early 2020, COVID-19 lockdowns led to reduced electricity demand around the world. In Great Britain, the majority of the […]

Antitrust: Commission opens investigation into PPC’s behaviour in the Greek wholesale electricity market

This article is brought to you in association with the European Commission. The European Commission has opened a formal antitrust investigation to assess possible abusive behaviour by Public Power Corporation (‘PPC’) in the wholesale Greek electricity sector. Executive Vice-President Margrethe Vestager, in charge of competition policy said: “We all rely on well-functioning electricity markets. Today we […]

Hydrogen power is here to stay. How do we convince the public that it’s safe?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Bart Kolodziejczyk, Research Fellow, Monash University & Wee-Liat Ong, Associate Professor, Zhejiang University A decade ago, hydrogen was heralded as an emerging clean energy source. But despite extensive promotion and governmental support from world leaders, including former US President […]

Norway’s electric car market has overtaken traditional vehicle sales

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Formative Content Sales of electric cars in Norway have overtaken traditional vehicles for the first time: 58% of all new vehicles sold in March 2019 were battery-powered. Image: IEA When it comes to electric vehicle uptake, Norway […]

The dirty secret of electric vehicles

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content The number of electric vehicles on the world’s roads is rising fast. Latest figures show there are more than three million and sales are growing at close to 75% a year. But now […]

Parliament makes EU electricity market cleaner and more consumer-friendly

This article is brought to you in association with the European Parliament. New rules to create a Europe-wide market for electricity that is cleaner, more competitive and better able to cope with risks, were approved by Parliament on Tuesday. MEPs adopted four new laws on the EU electricity market, agreed informally with EU ministers in late […]

Chart of the day: These countries have the highest share of electric vehicles

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content Electric cars are proving to be a massive hit in Norway. Almost half of all new passenger car sales in 2018 were electric or hybrid vehicles, according to the latest numbers. This figure […]

Superconductors: the miracle materials powering an energy revolution

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Suchitra Sebastian, Associate Professor, Department of Physics, Cavendish Laboratory, University of Cambridge Imagine a world where ultra-fast levitating trains zip between destinations, where wind energy from the North Sea and solar energy from the Sahara power the electric […]

Inflation not a problem for Europe

The downward trend of Eurozone inflation was confirmed yesterday by Eurostat, the statistical service of the European Union. According to this source “Euro area annual inflation was 2.2% in December 2012, the same as in November. A year earlier the rate was 2.7%. The EU27 annual inflation was 2.3% in December 2012, down from 2.4% […]

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