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Energy
The Joint Technical Committee Meets to Review Oil Market Conditions
The Joint Technical Committee (JTC) of the Declaration of Cooperation (DoC) held its 60th Meeting today via videoconference to examine the latest developments in the global oil market. The OPEC Secretary General, HE Mohammad Sanusi Barkindo, noted the impact of…
Energy Efficiency Refurbishing of a Residential Building Saves Money and Improves Living Comfort
A residential building of 1,764 m2 total net area was built in 1985 and had relatively poor thermal insulation. Central heating in the building did not exist, but all housing units are heated locally. Fuel, used for heating in the building,…
Energy Community Meets 2020 Headline Target for Energy Efficiency, Makes Progress on Renewables
The Energy Community has achieved the 2020 headline target for energy efficiency set by the 2012 Energy Efficiency Directive. With respect to renewables, three Contracting Parties – Albania, Moldova and Montenegro – have overachieved their national 2020 targets under the…
India and IRENA Strengthen Ties as Country Plans Major Renewables and Hydrogen Push
India’s Ministry of New and Renewable Energy has signed a strategic partnership agreement with IRENA, signalling its intent to further strengthen its collaboration with IRENA in the field of Renewable Energy. The agreement was signed by the Ministry of New and…
European Solar Leaders call on EU Commission and Member States to develop solar industrial strategy in 2022
Eight leading European solar developers have written to the European Commission and Council to request a European strategy for the solar PV value chain in 2022. The European solar market is experiencing exponential, unprecedented, growth, and is set to exceed…
Hydrogen Economy Hints at New Global Power Dynamics
Rapid growth of the global hydrogen economy can bring significant geoeconomic and geopolitical shifts giving rise to a wave of new interdependencies, according to new analysis by the International Renewable Energy Agency (IRENA). Geopolitics of the Energy Transformation: The Hydrogen Factor sees…
EBRD Green Finance in 2021 Hits Record 51 Percent of 10.4 Billion Euros Total
The EBRD’s green financing hit a record 5.4 billion euros, or 51 percent, of total business volume of 10.4 billion euros in 2021. “These excellent results underscore the Bank’s strong dedication to continuing to support its clients in the wake…