Environment

Alina Oprea   |   21 June, 2023 at 12:00 PM

Eurelectric presents scenarios for Europe to reach net-zero carbon target

The Eurelectric Association, which represents the electricity industry at the European level, has published a landmark study highlighting three scenarios for Europe to reach its net zero carbon target. Looking ahead to 2030, 2040, and 2050, the Decarbonisation Speedways study confirms the key role of clean electrification in accelerating Europe's path to climate neutrality and highlights its potential to reduce household energy bills.

Alina Oprea   |   12 June, 2023 at 11:30 AM

Romania reduces fossil gas consumption by 25%

Between August 2022 and January 2023, Romania is managing to reduce fossil gas consumption by approximately 25%, according to a report published by CEE Bankwatch Network. According to the report, Romania allocates four times more European funds for fossil gas, despite the climate objectives. Between 2014 and 2020, fossil gas-based projects in Romania and Poland benefited from €230 million and €1.3 billion respectively from European funds.

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Business

Holcim launches 28.45 MW solar park in Hungary

Holcim has inaugurated a new solar park adjacent to its cement plant in Királyegyháza, Hungary, marking a significant advancement in the company's sustainability initiatives.