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EU


Europe Ramps Renewables, Looks for New Gas to Reduce Reliance on Russia

European countries have moved quickly to adopt new energy sources after Russia’s invasion of Ukraine in February 2022. Governments have reduced imports of Russian-produced energy, with demand for natural gas…


Winter Demand for Coal, Gas Falls Across EU Despite Energy Concerns

An analysis from an energy research group shows European Union (EU) countries burned less coal and natural gas for power generation than in prior years, despite an ongoing energy crisis…


New Report Shows EU Solar Installations Rise Nearly 50%

A new report from industry group SolarPower Europe shows that solar installations in the European Union increased by almost 50% year-over-year in 2022, to a record 41.4 GW of generation…


Investment Bank 'Mobilizing' up to $115 Billion for Renewables, Energy Storage and More in EU
Vlocity-renewable-energy-solar-wind

The European Investment Bank Group (EIB Group) said it will support an initial investment of €30 billion ($30.2 billion) in loans and equity financing to move the European Union (EU)…


Hungary Adding New VVER-1200 Nuclear Reactors in First for EU

Hungary’s nuclear energy agency has issued a license for construction of two reactors for Paks II, a power generation project first launched in early 2014 as part of an inter-governmental…