Author Archives: ck

EU leaders unlikely to agree climate and energy targets

Those who are hoping to see the EU Heads of State agree on targets for greenhouse gas emission reductions, renewable energy and energy efficiency at their Summit in Brussels Thursday and Friday this week are likely to be disappointed. According … Continue reading

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RWE: First loss since 1949

Germany’s largest power company RWE posted its first loss since the establishment of the German Republic in 1949. €2.8 billion was lost in 2013, caused by massive write downs in assets of almost €5 billion.  Last week French power company … Continue reading

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Ministers mute on national RE targets

National renewable targets barely featured as EU environment ministers discussed climate and energy policy today, ahead of a similar meeting by the Union’s energy ministers tomorrow. At discussions of the European Commission’s (EC’s) Climate and Energy Package, there seemed to be … Continue reading

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EU Commission: Dedicated EU renewable energy policy gone after 2020

EU renewables policy has become a low-carbon policy after 2020, and emissions reductions take precedence over jobs and fuel savings in the European Commission (EC) proposal for a 2030 climate and energy framework. The European Commission has proposed a 40% … Continue reading

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The ETS allowance bubble

The Commission’s lack of renewable energy ambition is closely linked to its efforts to save Europe’s oversupplied Emissions Trading Scheme. The more renewables in the system, the less demand there will be for allowances and the bigger the Commission’s challenge … Continue reading

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EU Commission’s last will

Brussels, 22 January 2014 When José Manuel Barroso in October closes the door for the last time as President, he takes with him a 15-year old ambition of the European Commission to have a EU renewable energy policy framework, having … Continue reading

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Council throws a bone to ETS

  The council has agreed to advance a proposal to withdraw 900 million allowances from the crippled EU emissions trading system (ETS) to trialogue talks with the European Commission and the European Parliament. This is the latest of many attempts … Continue reading

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