The EP adopts key laws to achieve the 2030 climate goal. Free allowances under the Emissions Trading Scheme (ETS) will be phased out in 2026. GHG emissions in the ETS sectors must be cut by 62% by 2030 compared to 2005 levels.
Globalworth analyzed its performance over 3 years and set its environmental target of reducing its GHG emissions intensity by 40% by 2030 compared to its baseline 2019 levels. About 90% of the group's commercial properties are green-certified and about 98% of the energy used in the portfolio came from renewable sources at the end of 2022.
The European Ombudsman has formally questioned the European Commission's handling of recent proposals aimed at scaling back corporate sustainability requirements, raising concerns over transparency and procedural compliance.
Improving energy efficiency in buildings plays a key role in building a sustainable future. It leads to lower costs, a healthier indoor environment, and a smaller environmental footprint. According to România Eficientă, efficient energy use is not about sacrificing comfort but about eliminating waste.
Met Group has inaugurated Hungary's largest standalone battery energy storage system (BESS), a 40 MW / 80 MWh facility located at the Dunamenti Power Station in Százhalombatta.
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
EDP, through EDP Renewables, a global leader in the development of renewable energy, has inaugurated the Albina photovoltaic power plant – an important step for the company.