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European Commission

European Commission Approves Drax Biomass Subsidy

The share price of Britain’s biggest power station operator has jumped to a five-month high after the European commission approved subsidies for its conversion to burn wood pellets instead of coal. Drax was awarded a renewable energy subsidy contract by…

Serbia Expecting Call from Brussels to Open Chapter 27

Serbia is expecting confirmation from Brussels to open negotiating Chapter 27 on the environment, and the first draft of the negotiation platform will be ready in mid-2017, said Stana Božović, state secretary of the Ministry of Agriculture and Environmental Protection.…

Paris Agreement to Enter into Force as EU Agrees Ratification

The European Parliament has approved the ratification of the Paris Agreement by the European Union yesterday. With today’s European Parliament approval of the Paris Agreement ratification – in the presence of European Commission President Jean-Claude Juncker, the United Nation’s Secretary…

European support for Wind Farm in Belgium

The European Union will support the construction of the Rentel wind farm off the Belgian coast with a loan of up to EUR 300 million from the EIB. EUR 250 million of the loan will be guaranteed under the European…

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