Hungary has said it intends to press ahead with its plans for a new Russian-built nuclear power plant at Paks II, despite the Russian war with Ukraine and the European Union (EU) imposition of a range of sanctions against Russia.

There is sufficient energy in nuclear 'waste' to run Europe at current electrical power consumption" for between 600 and 1000 years.

Green Hydrogen is a key energy vector that can assist Europe reach climate change targets as it enables massive decarbonization of industry heat, power generation and transport sectors.

Offshore wind is rapidly growing around the world, becoming a central part of international decarbonization and a vital part of coastal economies, and the domestic potential to harness offshore wind is now emerging.

"Венгрия остаётся, по сути, единственной из стран Евросоюза, твёрдо отстаивающей свои национальные интересы, включая суверенную позицию в диалоге с Москвой", – отметил Александр Новак.

The EU says its sanctions are meant to cut Moscow revenues and access to technology used in war.

A cumulative USD 150 trillion is required to realise the 1.5°C target by 2050, averaging over USD 5 trillion in annual terms.

Two camps, one led by Germany and the other by France, are fighting it out, each with a blocking minority on a specific point: Should low-carbon hydrogen be taken into account when measuring the efforts of member states to reach the target of 45% of renewables in their energy mix by 2030?

The key is reliable and independent data flows and communications between smart meters and the whole interconnected world of the smart electric utility of the future.

Energy Infrastructure: Low-carbon heating requires technologies that ensure an efficient and secure integration into the (electrical) grid.