The European Parliament strengthens its commitment to sustainability.
The goals set are significant both in scope and impact, with a focus on key areas such as carbon emission reduction, energy efficiency, resource management, and biodiversity.
The goals set are significant both in scope and impact, with a focus on key areas such as carbon emission reduction, energy efficiency, resource management, and biodiversity.
The agreement on the carbon market can be a double-edged sword as it was not created under the premise of “the polluter pays.”
A Wood Mackenzie analysis warns that renewable energy will remain competitive, protectionism will increase, and it is unlikely that the Inflation Reduction Act (IRA) will be completely repealed.
Combined cycle plants gain prominence: their production increases by 43.5% and they dominate price setting. The cold and calm start to November tests the European energy market, causing a sharp rise in gas and electricity prices for 2025. Forecast for the end of the month: the expected increase in wind generation should moderate prices.
The company is adapting to the ambitious electrification goals of the PNIEC for 2030 and plans to significantly increase investment in the electricity grid to 4 billion, a 45% increase over the previous 2024-2026 plan, pending improvements and updates to the regulations.