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10-03-24

March 10, 2024 | |Energy and Renewables Market Latest News Update

European Council | Transport, Telecommunications and Energy Council (Energy) - Ministers held an exchange of views on the state of play of security of supply and preparations for winter 2024-2025. Among other things, they addressed ways to avoid, both individually and collectively, new price shocks and to strengthen energy security, while achieving the established targets on decarbonisation and on phasing out Russian fossil fuels. https://www.consilium.europa.eu/en/meetings/tte/2024/03/04/

The advantages and uncertainties of gas in Europe's energy transition -  The proliferation of trade agreements with various exporting countries, in return for the development of renewable energies, does not in itself mean greater security for the European Union, especially when the Member States enter into contracts separately rather than together. https://www.robert-schuman.eu/en/european-issues/729-the-advantages-and-uncertainties-of-gas-in-europe-s-energy-transition

Climate in the 2024 EU elections and the making of the bloc’s next leadership Voters in the EU will head to the polls on 6-9 June 2024 to elect the next European Parliament and help shape the bloc’s climate policy for the next five years. The months building up to the vote provide many opportunities for journalists to cover European energy and climate issues, and the election itself kicks off the long process of picking the bloc’s new leadership that will decide climate policy until the end of the decade. This factsheet explains the role of energy and climate in the EU election year, highlights key moments journalists should have an eye on, and provides expert contacts and resources. https://www.robert-schuman.eu/en/european-issues/729-the-advantages-and-uncertainties-of-gas-in-europe-s-energy-transition

Where does the EU’s gas come from? In 2023, the United States was the largest LNG supplier to the EU, representing almost 50% of total LNG imports. In 2023, comparing to 2021, imports from the US almost tripled. https://www.consilium.europa.eu/en/infographics/eu-gas-supply/

Riding the wave to a greener future: Is ocean power the solution? Leaders in the renewable energy sector tell Euronews Correspondent Denis Loctier how Europe can make better use of its surrounding waters to generate a reliable and sustainable source of electricity. https://www.euronews.com/green/2024/01/30/riding-the-wave-to-a-greener-future-is-ocean-power-the-solution