Central Europe / bneGREEN
EBRD to support Poland’s green transition with €200mn loan for Baltica 2 wind project
Baltica 2 offshore wind farm will be a boon for Poland, which is struggling to meet its green transition targets.
The UK, Germany and China lead global offshore wind farm roll-outs, but the rest of the world is lagging far behind.
Poland is about to double its offshore wind power generation capacity but apart from Germany and the UK, offshore wind power remains underdeveloped around the world, with the notable exception of China.
Solar generation tops coal for first time in EU in 2024
The EU reached a key milestone in 2024 as solar power surpassed coal use for the first time in the bloc’s history.
_1737615067.jpg)
Trump issues anti-wind executive order
President Donald Trump quickly issued an unexpectedly sweeping executive order that prevents federal government involvement in permitting of all offshore and onshore wind projects, including on private onshore land.
Trump withdraws US from Paris Agreement
President Donald Trump wasted no time withdrawing the US from the Paris Agreement merely hours after being sworn-in on January 20.
German electricity prices highest in Europe, 70% above the European average, with Hungary's the lowest
Germany has been identified as the European country with the highest electricity prices at €416.20 per MWh, the Swedish price comparison company Finansvalp said in a comment emailed to bne IntelliNews on January 9.
The EU Council calls for a European geothermal action plan
The energy ministers in the EU Energy Council approved the outline of a European geothermal energy action plan on December 17.
Czech government to push against ETS 2 emissions trading system implementation
The Czech government is also opposing the European Commission’s proposal to lower emissions in 2040 by 90% compared to 1990 and wants to revise EU goals on phasing out combustion engines in the car industry.
Geothermal energy poised for major global expansion, says IEA chief Fatih Birol
"Geothermal energy could see transformative global growth thanks to advancements in technology and expertise from the oil and gas sector," the International Energy Agency (IEA) said in a report groundbreaking report released on December 13.
UN plastic pollution talks collapse as volume of waste escalates
The failure of recent global talks in Busan, South Korea, to produce a landmark treaty to combat plastic pollution, has underscored the complexities and challenges of addressing one of the planet’s most pressing environmental and climate issues.
The world has passed peak per capital CO₂ emissions, but overall emissions are still rising
The world has passed peak per capital CO₂ emissions, Our World in Data reported on December 3. However, emissions overall continue to rise.