Fossil fuel volatility is driving inflation across the EU, but the solution is already available. This piece by Veronica Calienno (Positive Money Europe) on the financial case for the energy transition shows how solar and wind lowered wholesale electricity prices by 24.2% between 2023 and 2025, and why the price effect grows stronger as renewable capacity increases. It also examines the investment gap still holding the transition back, and why the cost of capital will decide how fast Europe can build its way to cheaper, more stable energy. Read More
All posts tagged: Renewables
EU’s Clean Industrial Deal: what next for Europe’s energy transition?
The European Commission has unveiled its new strategy to make EU industries more competitive with cheap energy. Does this mean the bloc will go full speed ahead in terms of building more wind farms and solar power plants? Jörg Mühlenhoff looks into what the details of the Clean Industrial Deal mean for Europe’s energy transition.
Stopping Russian aggression means rejecting its fossil fuel exports – and, ultimately, switching to renewables
Three years after Russia’s full-scale invasion of Ukraine, Paul Hockenos compares the efforts of the EU and the US in view of weaning from Russian fossil fuels. On the ground, Ukraine’s transition to distributed renewables already rhymes with resilience against the aggressor.
How local renewable grids are providing access to affordable electricity in Nigeria
Nigeria’s energy sector faces challenges with regard to inadequate electricity access, leading to reliance on costly generators. Transitioning to renewables offers solutions. Samuel Ajala reports.
Time for the EU and UK to forge a global renewables alliance
In the first of a two-part report, Josh Matthews explains why the onus is now on the EU and UK governments to forge a global alliance for renewable energy. Part two will explore the incoming Labour government’s plans for Great British Energy, and why a just transition will need more targeted and aligned policy. Josh Matthews reports.
The funding nightmares of Europe’s climate dreams
The urgency of the global climate crisis is driving Europe’s transition to a renewable energy system. However, the investment gap for adding renewable technologies and for updating its energy networks is gigantic. Seden Anlar stresses the need for new EU funding for climate goals and just transition.
Rebuilding Ukraine’s energy future: a Ukrainian perspective of the Ukraine Reconstruction Conference
How Scotland can get its energy for renewables back
Scotland has been a pioneer in renewables, says Kirsten Jenkins. But the easy wins are over and the task of decarbonising Scotland’s economy is becoming steadily more difficult, as the row over net zero targets showed. Nonetheless, the potential to build on its record is clear and the obstacles are not insurmountable.
The implication of South Africa’s 2024 election on its energy transition plan
South Africa’s 2024 election involves 27 million voters and 70 parties. Energy transition plans vary among candidates, revealing challenges and differing approaches to climate action and renewable energy.
100% renewables: the way forward to fix Europe’s energy and climate issues
When confronted with energy price explosions and the climate crisis, the EU cannot waste time and money on castles in the air. Instead of betting on unproven solutions far from market introduction, such as small modular reactors and the broad deployment of all kinds of carbon removal technologies, the EU should build on what works right now. Renewable energy sources have proven to be by far the most relevant and reliable solution. In our new 100% Renewable Action Plan for the next European Commission, the Heinrich-Böll-Stiftung European Union and Environmental Action Germany (Deutsche Umwelthilfe) describe what needs to happen after the 2024 European elections to harvest the benefits of renewables. Jörg Mühlenhoff reports.