As home heating costs soar, it is increasingly absurd that so much heat is pouring out of our windows and doors, but national governments have been slow to respond.
Fit for 55
Portfolio standards have helped boost renewables in the US and cut vehicle fleet emissions in Europe. A push is under way to use them to align mortgage lenders with EU climate targets.
If it remains unclear who will govern Germany after federal elections on 26 September, it is at least clear that Germany will have a strong voice on climate action and clean energy at national and European level.
Record-high gas prices could be a tipping point for the energy transition. Business and policymakers in Europe should seize the opportunity for energy efficiency, renewables and green hydrogen.
Ursula von der Leyen used her 2021 State of the European Union address to urge urgent climate action, but EU capitals will likely deflate the ambition of her proposal over the coming months – and escape scrutiny for doing so.
Industry group COGEN Europe believes the efficient use of renewable fuels, such as biofuels and hydrogen, in buildings could help the EU achieve its 2030 energy efficiency and climate targets.
Vast offshore generation is not a goal in itself, costs for new ‘transit' infrastructure need redistributing and hydrogen needs a business case, says Christian Zinglersen, director of the EU agency promoting cooperation among energy regulators.
Data shows the EU's pipeline of solar and wind is 1.2 times greater than existing capacity.
The European Commission's 'Fit for 55' package has big plans for energy efficiency that are indispensable for net zero, but they are likely to face age-old political and practical headwinds.
Companies are ready to embrace corporate PPAs, but policymakers need to speed up the number of renewable energy projects coming online, says Hannah Hunt, director of the RE-Source Platform, an alliance of clean energy buyers and sellers.
The business case for hydrogen has received a boost with the European Commission's ‘Fit for 55’ climate and energy package.
The European Commission’s latest attempt to align national fuel taxes and reward cleaner alternatives was always going to be a long shot, but its leniency towards natural gas may make it more palatable to member states.