Tag #Energy Transition

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zeit.de

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Mar 25, 16:16

German Coalition Seeks to Repeal Controversial Heating Act

A German coalition working group proposes repealing the controversial Heating Act, shifting the focus from short-term energy efficiency to long-term emission efficiency in buildings while maintaining funding for heating system replacements; this follows significant debate and criticism of the Act's ...

German Coalition Seeks to Repeal Controversial Heating Act

A German coalition working group proposes repealing the controversial Heating Act, shifting the focus from short-term energy efficiency to long-term emission efficiency in buildings while maintaining funding for heating system replacements; this follows significant debate and criticism of the Act's ...

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What are the immediate implications of the proposed repeal or fundamental reform of the German Heating Act?

A German coalition working group proposes a fundamental shift in the Heating Act, aiming to repeal it while maintaining funding for heating system replacements. This follows significant controversy surrounding the act, which has been in effect since early 2024.

forbes.com

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Mar 24, 22:09

Fossil Fuel Demand Soars Despite Renewable Energy Growth

Global fossil fuel demand hit record highs in 2024, driven by China and India, despite solar power's significant contribution to energy supply growth; this underscores the challenges of a complete energy transition.

Fossil Fuel Demand Soars Despite Renewable Energy Growth

Global fossil fuel demand hit record highs in 2024, driven by China and India, despite solar power's significant contribution to energy supply growth; this underscores the challenges of a complete energy transition.

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What were the primary drivers of the record-high global fossil fuel demand in 2024, and what are the implications for the global energy transition?

In 2024, global demand for fossil fuels reached record highs, primarily driven by China and India. Simultaneously, solar power contributed 38% of global energy supply growth, yet fossil fuels still accounted for 54% of the increase.

repubblica.it

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Mar 24, 16:10

Italy's Renewable Energy Growth in 2024: Record Numbers, but Short of 2030 Targets

Italy's 2024 renewable energy installations reached nearly 7 GW, a 15% increase over 2023, primarily driven by photovoltaic (6 GW) and wind (614 MW) power. However, this falls short of the 2030 decarbonization targets, hampered by slow authorization processes and regional regulations.

Italy's Renewable Energy Growth in 2024: Record Numbers, but Short of 2030 Targets

Italy's 2024 renewable energy installations reached nearly 7 GW, a 15% increase over 2023, primarily driven by photovoltaic (6 GW) and wind (614 MW) power. However, this falls short of the 2030 decarbonization targets, hampered by slow authorization processes and regional regulations.

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What specific policy changes are needed to overcome the challenges identified in meeting Italy's renewable energy goals by 2030?

Italy faces a significant challenge in meeting its 2030 decarbonization goals. The current authorization and grid connection processes are bottlenecks, exacerbated by regional regulations hindering large-scale projects. Over 354 GW of renewable energy connection requests are pending, highlighting a substantial disconnect between demand and implementation.

welt.de

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Mar 21, 10:12

German Heating Act: Political Fallout and Uncertain Future

Germany's Building Energy Act (GEG), requiring new heating systems to use at least 65% renewable energy, caused a political crisis, with the opposition CDU/CSU initially opposing it using populist arguments but later showing reluctance to repeal it due to legal constraints and commitments from Germa...

German Heating Act: Political Fallout and Uncertain Future

Germany's Building Energy Act (GEG), requiring new heating systems to use at least 65% renewable energy, caused a political crisis, with the opposition CDU/CSU initially opposing it using populist arguments but later showing reluctance to repeal it due to legal constraints and commitments from Germa...

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What are the immediate political and economic consequences of the German government's Building Energy Act (GEG)?

The German government's Building Energy Act (GEG), mandating at least 65% renewable energy in new heating systems, sparked controversy. Facing criticism, the law was modified, but the resulting political fallout significantly damaged the ruling coalition. The opposition CDU/CSU vehemently opposed the GEG, employing populist rhetoric to garner support.

sueddeutsche.de

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Mar 20, 19:17

EU Unveils Action Plan to Rescue Europe's Steel Industry

The EU Commission unveiled a plan to rescue Europe's struggling steel industry, facing closure of nine million tons of production capacity last year, by focusing on clean energy, preventing carbon leakage, boosting recycling, and securing jobs; EU Commissioner Séjourné visited Thyssenkrupp in Duisbu...

EU Unveils Action Plan to Rescue Europe's Steel Industry

The EU Commission unveiled a plan to rescue Europe's struggling steel industry, facing closure of nine million tons of production capacity last year, by focusing on clean energy, preventing carbon leakage, boosting recycling, and securing jobs; EU Commissioner Séjourné visited Thyssenkrupp in Duisbu...

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What immediate actions will the EU take to address the crisis in the European steel industry, and what are the short-term implications of these actions for jobs and production capacity?

The EU Commission presented an action plan to support Europe's steel industry, aiming to improve competitiveness by securing access to affordable clean energy, preventing carbon emissions relocation, promoting recycling, and preserving well-paid jobs. This follows the closure of nine million tons of European steel production capacity last year. The plan's success hinges on swift implementation to counter global overcapacity, insufficient trade protection, and high energy prices.

usa.chinadaily.com.cn

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Mar 18, 04:11

China's Green Energy Success: Market Reforms Drive Record Renewable Consumption

In 2024, over 50% of China's new energy power generation (1.45 billion kW installed capacity, 43% of total) was consumed via market-based transactions, a result of 2015 reforms boosting trading volume to 6.2 trillion kWh (63% of total consumption) and GEC trading to 446 billion kWh (364% year-on-yea...

China's Green Energy Success: Market Reforms Drive Record Renewable Consumption

In 2024, over 50% of China's new energy power generation (1.45 billion kW installed capacity, 43% of total) was consumed via market-based transactions, a result of 2015 reforms boosting trading volume to 6.2 trillion kWh (63% of total consumption) and GEC trading to 446 billion kWh (364% year-on-yea...

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How have China's electricity market reforms, initiated in 2015, impacted the overall electricity trading volume and market participation?

China's electricity market reforms, initiated in 2015, have drastically increased market-based trading volume from 1.1 trillion kilowatt-hours in 2016 to 6.2 trillion in 2024 (63 percent of total consumption). This surge, coupled with a near 20-fold increase in market participants, reflects a systemic shift towards a more efficient energy system.

zeit.de

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Mar 25, 13:11

Iqony Regains Full Ownership of District Heating Subsidiary

Iqony, a subsidiary of Steag Iqony Group, has bought back a 49% stake in its district heating subsidiary from Meag, a Munich Re subsidiary, for an undisclosed price, consolidating its position as a major player in the Ruhr area's district heating market.

Iqony Regains Full Ownership of District Heating Subsidiary

Iqony, a subsidiary of Steag Iqony Group, has bought back a 49% stake in its district heating subsidiary from Meag, a Munich Re subsidiary, for an undisclosed price, consolidating its position as a major player in the Ruhr area's district heating market.

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What factors contribute to the growing importance of district heating in Germany, and how does Iqony's potential acquisition of Uniper's assets fit into this broader context?

This transaction reflects Iqony's strategic focus on district heating, a sector experiencing growth due to its societal importance and renewable energy integration. The repurchase, coupled with Iqony's potential acquisition of Uniper's district heating business, indicates a consolidation trend within the German energy market.

theguardian.com

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Mar 24, 10:10

£950m UK Rapid Charger Fund Faces Redirection

The UK government is considering redirecting a £950m fund for motorway electric vehicle rapid chargers, announced in March 2020 and never used, due to competition concerns and market shifts, with decisions pending on alternative uses for the money.

£950m UK Rapid Charger Fund Faces Redirection

The UK government is considering redirecting a £950m fund for motorway electric vehicle rapid chargers, announced in March 2020 and never used, due to competition concerns and market shifts, with decisions pending on alternative uses for the money.

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What are the immediate consequences of the UK government's decision to potentially redirect the £950m rapid charging fund?

The £950m UK rapid charger fund for motorways, announced in 2020, has yet to make a single grant due to regulatory concerns and market changes. The government is considering redirecting these funds to other EV charging initiatives or broader EV transition support. Decisions are pending but discussions are underway.

africa.chinadaily.com.cn

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Mar 22, 10:10

China Proposes Easing Oil Export Restrictions Amid NEV Growth and Chemical Sector Restructuring

Amid China's rapid NEV adoption (41% penetration in 2024, projected 50% in 2025) causing a decline in refined oil consumption (1.9% drop in 2024), industry leaders advocate for easing refined oil export restrictions and providing tax-free chemical exports to adjust refining capacity and enhance emer...

China Proposes Easing Oil Export Restrictions Amid NEV Growth and Chemical Sector Restructuring

Amid China's rapid NEV adoption (41% penetration in 2024, projected 50% in 2025) causing a decline in refined oil consumption (1.9% drop in 2024), industry leaders advocate for easing refined oil export restrictions and providing tax-free chemical exports to adjust refining capacity and enhance emer...

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What are the immediate implications of China's declining refined oil consumption and the proposed easing of export restrictions on refined oil and tax-free chemical products?

China's decreasing refined oil consumption, driven by a 41% NEV penetration rate in 2024 and projected 50% in 2025, has led to a 1.9% drop in consumption in 2024 compared to 2023. This surplus, coupled with the need for refining capacity flexibility and emergency response enhancement, is prompting calls to ease refined oil export restrictions and offer tax-free chemical exports.

welt.de

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Mar 21, 13:14

Expert Commission Recommends Splitting Germany's Electricity Market into Multiple Price Zones

An expert commission recommends splitting Germany's unified electricity price into multiple price zones to improve the cost-effectiveness of its energy transition, despite opposition from energy providers and industry representatives; this follows years of EU pressure and is already implemented in o...

Expert Commission Recommends Splitting Germany's Electricity Market into Multiple Price Zones

An expert commission recommends splitting Germany's unified electricity price into multiple price zones to improve the cost-effectiveness of its energy transition, despite opposition from energy providers and industry representatives; this follows years of EU pressure and is already implemented in o...

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What are the main arguments for and against the proposed division of Germany's electricity market into multiple price zones?

The expert commission argues that a uniform price masks regional supply constraints, leading to inefficient investments and plant operations. Regional prices would improve economic efficiency by attracting investments to areas with surplus renewable energy, lowering overall costs and potentially boosting industrial job creation. This follows years of EU pressure and is already implemented in other countries like Italy and Sweden.

zeit.de

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Mar 20, 19:17

EU Action Plan Aims to Rescue Europe's Steel Industry

The EU Commission launched an action plan to aid Europe's struggling steel industry, aiming to improve competitiveness through cleaner energy, emission controls, recycling promotion, and job preservation, following a significant production capacity decrease in 2022.

EU Action Plan Aims to Rescue Europe's Steel Industry

The EU Commission launched an action plan to aid Europe's struggling steel industry, aiming to improve competitiveness through cleaner energy, emission controls, recycling promotion, and job preservation, following a significant production capacity decrease in 2022.

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What specific measures does the EU's new action plan propose to address the crisis in Europe's steel industry, and what are the immediate consequences of inaction?

The EU Commission presented an action plan to support Europe's steel industry, aiming to bolster competitiveness by ensuring access to affordable clean energy, preventing carbon emissions relocation, promoting recycling, and preserving high-paying jobs. This follows the shuttering of nine million tons of European steel production capacity last year, highlighting the industry's dire situation.

repubblica.it

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Mar 17, 13:15

Europe's Energy Grids Face War, Climate Change Challenges

War and climate change are severely straining European gas and electricity infrastructure, prompting increased investment in grid security. Italy leads the EU in climate-related economic losses (€284 per capita in 2022), while the Nord Stream pipeline sabotage highlighted geopolitical vulnerabilitie...

Europe's Energy Grids Face War, Climate Change Challenges

War and climate change are severely straining European gas and electricity infrastructure, prompting increased investment in grid security. Italy leads the EU in climate-related economic losses (€284 per capita in 2022), while the Nord Stream pipeline sabotage highlighted geopolitical vulnerabilitie...

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How is Italy's energy infrastructure particularly affected by climate change, and what is the country's plan to increase its resilience and reduce reliance on fossil fuels?

Climate change is severely impacting power grids across Europe, with extreme weather events causing significant damage. Italy, facing the highest economic losses from climate-related damage (€284 per capita in 2022), exemplifies the scale of the problem. The transition to renewable energy sources and the goal of climate neutrality by 2050 necessitate substantial investments in grid modernization and resilience.

Showing 301 to 312 of 577 results