Parliament votes on EU methane regulation, with stricter rules for imports

On 9 May, the European Parliament approved a new law to reduce methane emissions in the energy sector. The new law covers direct methane emissions from the oil, fossil gas and coal industries. MEPs call for the petrochemical sector to be included in these regulations.

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Germany prepares to fight the EU over electricity supply zones

Talks on Germany’s future electricity market are heating up as all parties await a key analysis from grid operators amid looming threats from Brussels to split up the country’s wholesale market bidding zone. In spring 2024, the country’s four grid operators are expected to present a report examining the recommendation by EU agency ACER to split the German bidding zone. If they fail to agree, the Commission, as a measure of last resort, will then decide whether to amend or maintain the bidding zone configuration within six months.

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Nuclear alliance aims for 150 GW of nuclear capacity in EU by 2050

The 16 European countries participating in the 'nuclear alliance' will prepare a roadmap to develop an integrated European nuclear industry to reach 150 GW of nuclear capacity in the EU electricity mix by 2050. Read more here

Energy crisis drives EU institutions to cut down on energy use, go solar

The energy crisis and pressure to reduce consumption following the invasion of Ukraine have driven further demand cuts as EU institutions join efforts to cut energy use and emissions.

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Emirates, global renewables agency want to triple green energy by 2030

On 11^th May, the International Renewable Energy Agency (IRENA) and the United Arab Emirates clean energy company Masdar have joined forces to create a pathway to triple the world's renewable energy capacity by 2030, by signing a memorandum of understanding to create a project to identify the challenges slowing the introduction of renewable energy in different regions and develop recommendations ahead of COP28.

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IEA Analysis Reveals Surge in Clean Energy Manufacturing Projects

Since late 2022, the estimated output by 2030 from existing and announced manufacturing projects is up by 60% for solar PV and 25% for batteries, driven by supportive policies, corporate strategies and growing demand. A new analysis from the International Energy Agency (IEA) highlights a rapid increase in manufacturing projects for key clean energy technologies. Solar PV, batteries, and electrolysers have experienced accelerated growth, propelled by policy support and investor interest. While solar PV and batteries are on track to meet future demands, wind, heat pumps, and electrolysers lag behind.

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IEA published the World Energy Investment 2023 report

The World Energy Investment report offers a comprehensive analysis of global energy investments in 2022 and provides initial insights into the emerging trends for 2023. This report contributes to the International Energy Agency's support of the global stock take of the Paris Agreement, which will be finalized ahead of COP28, the upcoming UN Climate Change Conference in late 2023. Additional reports in this series can be found on the IEA's Global Energy Transitions Stocktake page.

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The Battery Pass Initiative: Advancing the Implementation of the EU Battery Passport

The Battery Pass initiative aims to accelerate the implementation of the EU battery passport in compliance with the EU Battery Regulation. It provides comprehensive guidance for the content of a European battery passport, which includes 90 data attributes organized into seven content clusters. Let's explore the key aspects of the Battery Pass initiative and its significance.

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