Greece is stepping up diplomatic efforts to mobilize European Union partners against Turkey, as Ankara continues its energy prospecting in contested waters of the eastern Mediterranean.
The European Union will unleash as many green bonds as the world issued last year, testing the level of investor interest in financing a shift toward cleaner economies.
German Foreign Minister Heiko Maas urged Greece and Turkey to restart talks over their competing claims to economic sovereignty in contested waters of the eastern Mediterranean as he visits the NATO allies on Tuesday.
Europe’s plan to put a price on dirtier imports risks getting caught up in global trade tensions as the fallout from the coronavirus pandemic eclipses climate change as the biggest challenge for governments.
Despite challenges thrown up by the coronavirus outbreak, BP’s production in Africa was largely unchanged, although exploration and development has been pushed back.
The European Union's progress on expanding the use of renewable energy has "slowed down", according to data collated by the European Environment Agency (EEA).
European Union carbon allowances declined at the fastest pace since June 1 amid skepticism that the region will adopt a proposal by France to include a minimum price in almost-daily auctions of the contracts.
Gazprom has warned the EU of a wide-scale gas market crisis and underinvestment amid falling commodity prices unless Brussels revises its "contradictory" energy policies.
The UK’s first compressed air energy storage project is to be awarded almost 6.5 million euro (£4.6m) by the European Union.
It will hold air in specially engineered salt caverns under high pressure on Northern Ireland’s east coast before releasing it to drive turbines and create power for the grid. The money will pay for environmental impact assessments, planning and design, the Gaelectric firm behind the innovative scheme said.
The system could generate up to 330 megawatts of electricity - enough to sustain thousands of homes - for up to six hours and the EU said it will contribute to energy security in the UK and Ireland.
Onshore wind capacity in Serbia is expected to surge by 2025, boosted by a number of new projects in the country.
The total onshore wind installed capacity will increase from just 20 (MW) Megawatts last year, to an estimated 542MW in the next 10 years.
Serbia’s wind capacity has been boosted in the past three years by a number of new projects.