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European Commission


EU Unveils Key Elements of its Green Deal

The European Commission in December 2019 announced its new European Green Deal, a set of major policy and legislative proposals that position the EU as the global leader on environmental…


Spain Closing Mines in Transition Away from Coal

Coal from domestic mines provides just more than 2% of Spain’s electricity generation, as the country has increasingly moved away from coal-fired power toward renewable sources. The administration of new…


European Parliament Adopts Measure to Hike EU Renewables Target to 35% by 2030

 A draft law backed by the European Parliament on January 17 proposes to raise the European Union’s (EU’s) renewable targets to 35% by 2030—substantially higher than a 27% target proposed…


GE Clears Final Hurdles for Acquisition of Alstom

European Union (EU) officials have approved General Electric's (GE's) $9.5 billion acquisition of Alstom's power business, but conditions to which the two companies agreed to cement the deal will drastically…


Alstom Offers Discount to Seal GE Acquisition Deal

As part of a remedy package to appease the European Commission, Alstom will accept $331 million less than the original $13.63 billion purchase price offered by General Electric (GE) to…