Investment Committee paves way for first InvestEU projects by EBRD to support green mobility and energy

This article is brought to you in association with the European Commission. More than €1.1 billion in finance to be mobilised in sustainable projects, supported by €150 million in InvestEU guarantees On Friday, 24 March 2023, the InvestEU Investment Committee has approved guarantees worth up to around €150 million in the form of framework agreements for […]

European Green Deal: EU agrees stronger rules to boost energy efficiency  

This article is brought to you in association with the European Commission. The Commission welcomes the provisional agreement reached this morning with the European Parliament and the Council to reform and strengthen the EU Energy Efficiency Directive. This deal marks a further step in the completion of the ‘Fit for 55′ package to deliver the European […]

Eurobarometer: EU citizens remain strongly in favour of Ukraine and of ensuring energy security

This article is brought to you in association with the European Commission. The latest Standard Eurobarometer survey published today, almost one year after Russia’s full-scale invasion of Ukraine, shows continued strong solidarity of Europeans with Ukraine and their support for the actions undertaken to support the country and its people. EU citizens also overwhelmingly support the acceleration of […]

Over $1 trillion invested in green energy in 2022. Here’s what you need to know about how the energy transition is powering up despite the crisis

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Roberto Bocca, Head of Shaping the Future of Energy and Materials; Member of the Executive Committee, World Economic Forum, Stefan Ellerbeck, Senior Writer, Formative Content 1. News in brief: Energy stories from around the world Worldwide investment in the […]

4 energy-saving projects from around the world you might want to know about

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Andrea Willige, Senior Writer, Formative Content “We call energy efficiency ‘the first fuel’.” Those were the words of Fatih Birol, head of the International Energy Agency, at Davos Agenda 2022. With the dual challenge of rising energy prices and […]

Russian energy imports to Europe are falling – here’s what that means for the energy transition

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Senior Writer, Formative Content When you switch on the light or turn up the heating, do you think about where the energy you’re using has come from? Until recently, many of us probably didn’t give it much […]

EU Energy Platform: Work advances on joint gas purchasing after legal proposal is agreed by Energy Ministers

This article is brought to you in association with the European Commission. The European Commission convened today a high-level industrial roundtable to support the work of the EU Energy Platform in further advancing on joint gas purchasing which is due to kick off in 2023. Today’s meeting follows the adoption yesterday by EU Energy Ministers of […]

Deal on establishing the Social Climate Fund to support the energy transition

This article is brought to you in association with the European Parliament. On Saturday night, Parliament and Council reached a provisional agreement to set up a new fund to help vulnerable citizens most affected by energy and transport poverty. Negotiators agreed to establish the Social Climate Fund (SCF) to benefit vulnerable households, micro-enterprises and transport users […]

Standing with the Ukrainian people: EU delivers further energy support for the winter

This article is brought to you in association with the European Commission. At a time when temperatures across Ukraine have dropped to below zero, Russian attacks have left millions without reliable access to electricity, central heating and water. To help those most in need, at the conference ‘Standing with the Ukrainian people’ in Paris today, President […]

The future of energy is systemic, open and collaborative — and runs on a smart grid

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Christoph Schell, Chief Commercial Officer, Intel For energy access and climate change, 2022 has been a year of reckoning. These interlocking crises are impacting billions of people and the need to act is clear. As Russia invaded Ukraine […]

MEPs adopt EU budget 2023: focus on Ukraine, energy and recovery

This article is brought to you in association with the European Parliament. For next year’s EU budget, MEPs secured better and more effective support for addressing the consequences of the war in Ukraine and the pandemic recovery process. In a deal with member states on Monday, 14 November, Parliament obtained €1.05 billion for its priorities on […]

Energy crisis: MEPs back plans to boost the deployment of renewables

This article is brought to you in association with the European Parliament. The proposal would accelerate the procedure to grant permits for new renewable energy power plants, such as solar panels or windmills, or to adapt existing ones. In their amendments to the Commission proposal, MEPs in the Industry, Energy and Research Committee shortened the maximum […]

Here’s how solar energy saved Europeans $29 billion this summer

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Victoria Masterson, Senior Writer, Formative Content Solar power is helping Europe navigate an energy crisis of “unprecedented proportions” and save billions of euros in avoided gas imports, a new report finds. Record solar power generation in the European […]

Using the sun to keep agricultural produce cool? How Ghana’s farmers are benefiting from solar-powered cold storage

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Victoria Masterson, Senior Writer, Formative Content Finding ways to store freshly harvested fruit and vegetables is a big problem for smallholder farmers in Ghana in West Africa. Produce can rot quickly in outdoor temperatures, and transporting it to […]

State of the EU: Ukraine, energy, climate change, economy

This article is brought to you in association with the European Parliament. In the annual State of the European Union debate, MEPs quizzed President von der Leyen on the Commission’s work in the past year and its upcoming plans. Opening the debate, EP President Roberta Metsola said: “It is a special honour to have Olena Zelenska […]

Power-sector emissions are set to fall in 2022. Thanks to renewable energy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stephen Hall, Writer, Formative Content Since Russia’s invasion of Ukraine triggered an unprecedented global energy crisis, the world has been turning to other sources of power, besides oil and gas, to meet demand. Renewable energy has seen a […]

Statement by President von der Leyen on energy

This article is brought to you in association with the European Commission. We are facing an extraordinary situation, not only because Russia is an unreliable supplier, as we have witnessed over the last days, weeks, months, but also because Russia is actively manipulating the gas market. I am deeply convinced that with our unity, our determination, […]

This city will soon run only on renewable energy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Victoria Masterson, Senior Writer, Formative Content The US city of Chicago runs more than 400 public buildings, including City Hall and two international airports. Now these buildings and other city operations are to be run on 100% renewable […]

Why the global energy transition must be just and equitable

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Wole Hammond, Global Shaper, Abuja Hub Sustainable Energy for All (SEforAll) held its 5th annual energy forum in Kigali, Rwanda. The theme of the event focused on driving forward bold action for a people-centred energy transition. Developing countries […]

EU-US Joint Press Release on the Global Methane Pledge Energy Pathway 

This article is brought to you in association with the European Commission. The following text was released by the Governments of the European Union and of the United States of America . Today, the European Union, the United States and 11 countries launched the Global Methane Pledge Energy Pathway to catalyze methane emissions reductions in the […]

Get the reporting right and sustainability will follow

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Olivier M. Schwab, Managing Director, World Economic Forum Expectations of the purpose of business, as well as how companies operate and deliver is evolving. The Forum understands the challenges they face and supports progress on convergent sustainability reporting […]

EU and Egypt step up cooperation on climate, energy and the green transition

This article is brought to you in association with the European Commission. Today in Cairo, on the occasion of the visit of Commission President Ursula von der Leyen and her meeting with Egyptian President El Sisi, theEU and Egypt issued a joint statement on climate, energy and the green transition. President von der Leyen said: “We […]

Social Climate Fund to help those most affected by energy and mobility poverty

This article is brought to you in association with the European Commission. Parliament committees back setting up a new fund to help vulnerable citizens cope with the increased costs of the energy transition. The committees on the Environment, Public Health and Food Safety (ENVI) and on Employment and Social Affairs (EMPL) adopted today, with 107 votes […]

How ports can be transformed into energy hubs of the future

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jacques Vandermeiren, CEO, Port of Antwerp To create fundamental societal change to mitigate the climate crisis, we need cross-sector collaboration and collective commitment. But lack of trust in modern society is increasingly hindering this type of approach. The […]

Community batteries are helping neighbours in Australia share energy – here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Victoria Masterson, Senior Writer, Formative Content In Australia, neighbourhoods are using community batteries to store solar energy locally. This helps reduce their bills and eases pressure on the electricity grid at peak times. Wind and solar energy isn’t […]

Green Deal: EP backs updated guidelines for trans-European energy infrastructure

This article is brought to you in association with the European Parliament. Parliament approved on Tuesday new rules for selecting which energy projects can receive EU funding and aligning the existing regulation with the EU’s Green Deal. The legislation, agreed upon with Council in December 2021, sets criteria and the methodology for choosing energy projects of […]

Gender Day gives rise to the forgotten energy providers in the climate conversation

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stefan Klebert, Chief Executive Officer, GEA What emerged as a pivotal issue on Gender Day from the UN climate change conference (COP26) in Glasgow was the need to give voice to the forgotten, disadvantaged women in the climate […]

Why energy efficiency is the unsung hero of the fight against climate change

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Jean-Pascal Tricoire, Chairman and Chief Executive Officer, Schneider Electric Decarbonization requires renewable energy, electrification and energy efficiency. Energy efficiency is harder to visualize, measure, aggregate, incentivize or legislate – but the impact would be immense. We already have […]

Energy Transition: Commission announces three Energy Compacts at UN High-Level Dialogue in New York

This article is brought to you in association with the European Commission. At the UN High-Level Dialogue on Energy this week in New York, Executive Vice-President for the European Green Deal, Frans Timmermans and Commissioner for Energy, Kadri Simson presented three Energy Compacts, in partnership with the International Energy Agency and the International Renewable Energy Agency. […]

Microsoft’s new campus will run on geothermal energy – but what exactly is it and can it really help combat climate change?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Victoria Masterson, Senior Writer, Formative Content Microsoft is using the Earth’s geothermal energy to power its new sustainable campus in the US. This will reduce Microsoft’s energy use by more than 50%, the company says. Geothermal energy is […]

A robust cybersecurity culture is critical to the energy industry’s resilience. Here’s why

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Øyvind Eriksen, President and Chief Executive Officer, Aker & John Markus Lervik, Chief Executive Officer, Cognite & Karl Johnny Hersvik, Chief Executive Officer, Aker BP ASA The scale and impact of cyber attacks is rising exponentially due to […]

State aid: Commission invites interested parties to provide comments on proposed draft Climate, Energy and Environmental State aid Guidelines

This article is brought to you in association with the European Commission. The European Commission has launched today a targeted public consultation inviting all interested parties to comment on the proposed revision of the Guidelines on State aid for environmental protection and energy (“Energy and Environmental State aid guidelines” or “EEAG”). To cater for the increased […]

The US pipeline attack shows the energy sector must act now on cybersecurity. Here are 6 ways how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Leo Simonovich, Vice President and Global Head, Industrial Cyber and Digital Security, Siemens Energy & Filipe Beato Lead, Centre for Cybersecurity, World Economic Forum • The recent ransomware attack on a major US pipeline owner outlines the vulnerability […]