RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2021-05-19 14:45:00

EUROPE'S GREEN ENERGY EUR1000 BLN

EUROPE'S GREEN ENERGY EUR1000 BLN

WNN - 18 May 2021 - Investment policy planning for low-carbon technologies, such as nuclear power, is critical for driving investments in technologies that will help achieve the climate neutrality goals embedded in the European Green Deal, European trade association Foratom said today as it unveiled its Investment Framework Task Force report.

Presenting a list of recommendations for policymakers and the nuclear sector, the report draws on the lessons learned from 13 past and future nuclear projects across the EU. These recommendations incorporate broader long-term investment-related needs and considerations related to the achievement of carbon mitigation goals within the Clean Energy Package (EU Electricity market designs, EU carbon mechanisms).

"Public-private financing schemes for low-carbon infrastructure act as the way forward under the European Green Deal” said Foratom Director General Yves Desbazeille. "EU governments play a major role in contributing to maintaining an affordable financing cost profile for large EU-based infrastructure such as nuclear. This offers new ways to achieve an investment grade rating.”

Foratom suggest the report can be a reference for policymakers when preparing national or regional low-carbon energy plans in the perspective of the EU Green Deal, that incorporates EUR1000 billion (USD1221 billion) of public and private investments planned to 2027. Financial institutions are now being called upon, the Brussels-based organisation notes, to establish climate lending criteria, which will support the financing of EU’s industries and infrastructures. While those lending criteria may have major direct and indirect implications for all financing instruments throughout the EU, organisations may wish to refer to the taskforce’s recommendations.

The report’s main recommendations are: in the financing of new nuclear projects, the investment rating and the ability to attract debt for new projects have a central role to play; multiple financing mechanisms are required to access a variety of sources of capital; a stable and long-term investment policy framework for nuclear optimizes the distribution and allocation of risks for the sake of the community of stakeholders with a view to ensure consumer value for money; an industrial management framework for nuclear new build projects at the level of project development and ownership level is a key success factor in managing risk; an investment policy planning for low-carbon technologies such as nuclear power is critical in driving investments and achieving the climate neutrality goals as embedded in the EU Green Deal.

-----


Earlier:

EUROPE'S GREEN ENERGY EUR1000 BLN
2021, May, 5, 16:40:00
EUROPE HYDROGEN DEVELOPMENT
The EU has made green and digital the two pillars of its recovery plan, aiming to strengthen its leadership in the global fight against climate change, boost innovation and reduce dependence on imports of critical materials.
EUROPE'S GREEN ENERGY EUR1000 BLN
2021, April, 23, 11:30:00
EUROPEAN CLIMATE LAW
which enshrines the EU's commitment to reaching climate neutrality by 2050 and the intermediate target of reducing net greenhouse gas (GHG) emissions by at least 55% by 2030,
EUROPE'S GREEN ENERGY EUR1000 BLN
2021, April, 14, 12:05:00
EUROPE NEED €150 BLN PER YEAR
The financing for the EU economic plan, agreed at 750 billion euros in 2018 prices, but totalling around 800 billion euros at current prices,
EUROPE'S GREEN ENERGY EUR1000 BLN
2021, April, 14, 12:00:00
EUROPEAN WIND INVESTMENT $51 BLN
The investments financed 19.6 GW of capacity that will be constructed in the coming years. Around 13 GW of this will be in the EU.
EUROPE'S GREEN ENERGY EUR1000 BLN
2021, February, 25, 12:10:00
EUROPE'S CLIMATE STRATEGY
Economic losses from more frequent climate-related extreme weather are increasing. In the EU, these losses alone already average over €12 billion per year.
EUROPE'S GREEN ENERGY EUR1000 BLN
2021, February, 25, 11:40:00
EUROPE'S CLEAN ENERGY PARTNERSHIP EUR 10 BLN
The EU will provide nearly Eur10 billion of funding that the partners will match with at least an equivalent amount of investment, the EC said in a statement.
EUROPE'S GREEN ENERGY EUR1000 BLN
2021, February, 17, 15:35:00
EUROPEAN ENERGY & CLIMATE
Signed in 1994 to protect cross-border investment in the energy sector, the Energy Charter Treaty has faced growing criticism from environmental groups and governments that say it impedes countries’ efforts to phase out fossil fuels.
All Publications »
Tags: ENERGY, CLIMATE, EUROPE
Chronicle:
EUROPE'S GREEN ENERGY EUR1000 BLN
2021, September, 22, 12:25:00
ENERGY TRANSITION TO CARBON NEUTRALITY AS A FACTOR OF UNPRECEDENTED ACCELERATION OF GLOBAL WARMING
The article reveals the reasons for the unprecedented acceleration of global warming, which was reported by the IPCC in the report "Climate Change 2021", offers proposals for their elimination, as well as for eliminating their consequences.
EUROPE'S GREEN ENERGY EUR1000 BLN
2021, September, 21, 13:10:00
OIL PRICE: NEAR $75
Brent gained 95 cents or 1.3% to $74.87 a barrel , WTI was up 91 cents or 1.3% at $71.20.
EUROPE'S GREEN ENERGY EUR1000 BLN
2021, September, 21, 13:05:00
ЭНЕРГЕТИЧЕСКОЕ ВЗАИМОДЕЙСТВИЕ РОССИИ, ТУРЦИИ
Энергетическое взаимодействие России и Турции поступательно развивается по всем направлениям энергетики, её опорным точками остаются вопросы развития поставок энергоресурсов - нефти и нефтепродуктов, а также природного газа по газопроводу “Турецкий поток”.
EUROPE'S GREEN ENERGY EUR1000 BLN
2021, September, 21, 13:00:00
ГЛОБАЛЬНЫЙ ЭНЕРГОПЕРЕХОД В РОССИИ
Правительство начинает подготовку плана адаптации российской экономики к глобальному энергопереходу – сокращению использования традиционных видов топлива на фоне активного развития альтернативной энергетики
EUROPE'S GREEN ENERGY EUR1000 BLN
2021, September, 21, 12:55:00
НОВАЯ ЭНЕРГЕТИКА РОССИИ
При актуализации генеральной схемы размещения объектов электроэнергетики Минэнерго руководствуется необходимостью сохранения баланса в структуре российской генерации, делает ставку на гидроэнергетику и атомные электростанции
EUROPE'S GREEN ENERGY EUR1000 BLN
2021, September, 21, 12:50:00
RUSSIAN GAS FOR TURKEY +153%
From January 1 through September 19, 2021, Gazprom delivered 20.3 billion cubic meters of gas to Turkey. This is an all-time high amount of gas for this period and an increase of 153 per cent (or 12.3 billion cubic meters) against 2020 (8 billion cubic meters).
EUROPE'S GREEN ENERGY EUR1000 BLN
2021, September, 21, 12:45:00
MORE RUSSIAN GAS
"Gazprom delivers natural gas to its customers in full accordance with existing contractual obligations, and does everything within its capabilities to meet additional requests,"
All Publications »