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Europe endorses stricter pollution standards

Power plants across Europe will soon face stricter emission standards as Industrial Emissions Directive (IED) Article 75 Committee members voted on the new Best Available Techniques Reference Document for Large Combustion Plants (LCP BREF). Operators will have to further limit their harmful impact on the environment as all large combustion plants in the EU will have to meet the requirements by 2021. How the new standards will affect the coal generaion fleet of South East Euro

Krk LNG and Sincro Grid awarded EU grants

Croatian based floating LNG terminal in Krk was approved over €102 million grant by the Connecting Europe Facility (CEF): €747,000 for a feasibility stuy and €101.5 million for the construction (28% of the overall, €363 million, estimated project value). The project is aimed at improving the country's, but also the region's energy security by enabling a diversified gas supply of an area mostly dominated by Russian gas. It is a National Strategic Project for Croatia and a Proj

EU to invest €444 million in key energy projects

EU agreed on the EC's proposal to fund €444 million worth of energy infrastructure projects considered key for the development of the European energy sector. Connecting Europe Facility (CEF), EU's funding support organisation for infrastructure, is to provide the necessary money. Out of the 18 projects, 10 regard gas (€228mn), 7 electricity (€176mn) and 1 smart grids (€40mn). Three of the largest grants amount to almost €300mn and regard compressed air energy storage construc

EU sets 40 % target reduction in 2030 compared to 1990

After recent ratification and entry into force, EU is putting in place legislation to achieve thegoal of emission reduction by at least 40 % in 2030 compared to 1990. As reported by the European Commission, in 2015, the EU was responsible for 10% of world greenhouse gas emissions. Emissions in the EU were reduced by 22% between 1990 and 2015 while the economy grew by 50% over the same period. Modernisation of the energy sector is in line with a shift towards low-carbon techno

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