by Strategic Energy | Mar 13, 2025
The European Commissioner for Energy, Dan Jorgensen, stated that the EU could save up to 2.5 trillion euros by 2040 by deploying renewable energy more quickly. He emphasized that progress in the green transition has helped keep energy prices lower than they would have been. The strategy also focuses on reducing taxes, promoting long-term contracts, and improving energy system integration.
by Strategic Energy | Mar 13, 2025
The European Investment Bank (EIB) will invest up to 30 million euros in the “Pestera II” wind project, which will have a capacity of 400 MW and supply power to over 1.4 million households. This investment supports the European Union’s sustainability and climate neutrality goals.
by Strategic Energy | Mar 13, 2025
Plug-in solar energy is becoming an affordable and easily accessible alternative in Europe, driving the democratization of renewable energy and challenging grid connection regulations. In Germany, there are already up to 4 million systems installed, according to a report from SolarPower Europe.
by Strategic Energy | Mar 13, 2025
In the year to date, renewable production supplied 77% of consumption, divided between hydroelectric with 38%, wind with 28%, photovoltaic with 6% and biomass with 5%. Natural gas production supplied 13% of consumption, while the balance of trade with foreign countries supplied the remaining 10%.
by Strategic Energy | Mar 13, 2025
“The United States is one of Iberdrola’s main investment destinations. To the 50 billion dollars invested over the last 20 years, we will add more than 20 billion dollars by the end of the decade to modernize, expand and digitalize network infrastructures”, Ignacio Galan, Executive Chairman of Iberdrola.
March 13, 2025Brussels anticipates savings of 2.5 trillion in the next 15 years from the deployment of renewable energy sources
