Albania assumes the Chairmanship of the Energy Charter Conference for 2019
As of 1 January 2019, Albania assumed the Chairmanship of the Energy Charter Conference for the year. The Conference works on an annually rotating basis, and each year a new country takes over leadership to direct the highest decision-making body of the Energy Charter process. Read more
ENERGY: Israel says EastMed gas pipeline could be world's 'greatest underwater project'
Plans to build a $7 billion, 2,200-kilometre EastMed gas pipeline from Cyprus to Italy could be “one of the greatest underwater projects in the world,” visiting Israeli President Reuven Rivlin said on Tuesday.
Leaders of Cyprus, Greece and Israel, in December, reached an interstate agreement on building an ambitious multi-billion dollar EastMed pipeline. An agreement is expected to be signed early this year.Read more
Malta has third worst share of renewable energy
Malta has been steadily increasing its share of energy from renewable sources, but it is still one of the laggards in the EU.
It only got 7.2% from these sources in 2017, the third lowest after Luxembourg (6.4%) and the Netherlands (6.6%).
The EU as a whole has seen considerable improvement, with the percentage reaching 17.5% in 2017, up from 17% in 2016 and more than double the share in 2004 (8.5%), the first year for which the data are available.Read more
Bloomberg: Morocco a Top 22 Clean Energy Investor in 2018
Rabat – Morocco has invested $2.8 billion in renewable energy and is one of the 22 countries that have invested more than $2 billion in clean energy according, to a report by Bloomberg New Energy Finance (NEF).
Bloomberg NEF, a clean energy data provider, researching and reporting on energy trends at the global level, published the report, relayed by Moroccan media, last month.Read more
Morocco hosts energy investment fact-finding mission
On 5 and 6 February, the Moroccan Ministry of Energy, Mines and Sustainable Development hosted a fact-finding mission related to the country’s participation in the flagship publication, the Energy Investment Risk Assessment (EIRA). Read more
France energy giant attacked by Israel over ‘boycott’
French energy giant Total has come under sharp rebuke from Israel over the company’s investment stance, amid growing concerns in Tel Aviv that the Boycott Divestment and Sanctions (BDS) movement is being mainstreamed among its traditional allies.
Total – which is one of seven “Supermajor” oil companies in the world – backed off from investing in Israel, for reasons it described as “complex”. Total’s chief executive, Patrick Pouyanné, told the Financial Times (FT) that it was too complex to invest in Israel, despite the country’s growing role as a gas producer.Read more
ENERGY: Egypt-Cyprus deal for 'Aphrodite' gas attracting big investors
The intergovernmental agreement signed by Egypt and Cyprus for the Cypriot Aphrodite gas field has triggered great interest from international oil companies, down streamers and financial institutions, Egypt’s Minister of Petroleum and Mineral Resources Tarek El-Molla told the Cyprus News Agency.Read more
Egypt deserves to be regional center for energy: OPEC secretary-General
Cairo: Mohamed Sanuzi Barkindo? The Secretary-General of the Organization of Petroleum Exporting Countries (OPEC)? confirmed that Egypt deserves to be a regional center for energy.Read more
France backs changes to EU energy rules seen as threat to Nord Stream 2
PARIS - France says it supports proposed amendments to rules on the European Union’s energy market that could potentially threaten the completion of an underwater natural-gas pipeline between Russia and Germany through the Baltic Sea.
EU member states were set to discuss extending EU gas-market regulations to offshore pipelines such as the planned Nord Stream 2 pipeline at a meeting in Brussels today.Read more
Malta registered highest energy demand increase in EU
Malta’s demand for energy experienced the highest increase in the EU in 2017, possibly a reflection of rapid economic expansion.Read more
EBRD grants $265m loan for sustainable energy in Jordan
EBRD has successfully deployed first rounds of renewable energy in Jordan and extending its support to the country to boost the role of renewables in the energy mix.
The loan is expected strengthen NEPCO’s balance sheet by refinancing of existing short-term debt and expected to fund important investments to increase grid capacity and manage renewable power.Read more
Greece vows €35 billion investment for energy transition
The Greek ministry of energy has finally submitted a new national energy and climate plan to the European Commission. It aims to reduce dependence on lignite power and increase the use of renewable energy. EURACTIV Greece reports.Read more
‘Energy sobriety’: A disruptive notion catching on in France
The idea of reducing – or altogether avoiding – energy consumption is starting to catch on among French local authorities. But the concept struggles at European level because it directly challenges our economic growth model.
INTERVIEW - Market-parity renewable energy investments gain momentum in Italy
January 24 (Renewables Now) - Market-parity renewables are steadily gaining traction in Italy, Dario Gallanti, business development partner for Italy at energy services and consulting firm Our New Energy (ONE), tells Renewables Now in an exclusive interview.
ENERGY: Cyprus cable operator warns Greek regulator over 'illegal plans'
EuroAsia Interconnector, project promoter of the EU-approved subsea cable that will link the electricity grids of Israel, Cyprus and Greece, has warned Greek energy regulator RAE to rescind its “illegal decision” to appoint a new entity to build the Crete-Attica section.
Israel Aims To Become An Energy Export Hub
Israel has confirmed it is in extensive talks with Egypt to build a new sub-sea natural gas pipeline between the two countries as part of a previously agreed $15 billion deal to export Israeli gas to Egypt over a decade. Most significant is that the new line would hugely expand Israel's export capacity to its southern Arab neighbor, taking it far beyond the maximum 7 billion cubic meters per year currently able to flow through the existing EMG pipeline to Sinai.
Arab, international firms offer establishing 5,500MW renewable energy plants in Egypt: minister
The ministry of electricity aims to produce 20% of the total produced energy from new and renewable sources by 2022
By Mohamed Farag, Daily News Egypt
Morocco to invest $14 billion in boosting renewable energy
The country is set to invest $14 billion in mainly renewable energy projects that were launched by King Mohammed VI to meet national needs and commitment to global efforts to combat climate change and promote clean energy
The future of energy: the role of Italy
One of the main challenges of the coming decades is the energy issue. In the future, it is hoped, we will be able to create an ‘energy mix’ in which all energy sources are complementary to one another. In the event of such a mix, it is likely that renewable sources will be the dominant force. It has been claimed by some analysts that the coming ‘energy transition’ will probably be faster and more disruptive than the previous one.
Renewable energy on rise in sun-drenched, resource-poor Jordan
AMMAN, Jordan (AFP) — Set atop a mosque in the south of Jordan’s capital, dozens of shimmering solar panels reflect a growing trend in the resource-poor desert kingdom as it tries to combat its heavy reliance on imported energy.
Croatia to become energy hub?
Croatia can became an important european energy hub
Delek-Noble Energy announces $500m deal to allow Israeli gas exports to Egypt
A US-Israeli consortium leading the development of Israel’s offshore gas reserves announced Thursday a deal that would enable the export of natural gas to Egypt.
Egypt, Israel energy companies sign $518m deal to buy control of gas exports pipeline
Delek Drilling and Noble Energy—the operators of Israel’s largest natural gas fields Tamar and Leviathan—and the Egyptian company East Gas Co, have bought control of a pipeline to Egypt, paving the way for the Israeli gas exports into Egypt.
Akuo Energy starts construction on 17MW floating solar plant in France
French renewables IPP Akuo Energy has started construction on a 17MW floating solar project in Piolenc, Vaucluse, southeast France.
Louis Driey, mayor of Piolenc, said: “The finalisation of this project is the result of many years of battles with the authorities to convince them of the value of this groundbreaking idea of a floating solar plant, the first – and currently only – such plant in France. The materialisation of this technological prowess that we have supported from the outset will make Piolenc the first 'positive energy' town in France, producing more energy than it uses”.
EBRD to back Turkey's new renewable energy support plan
The Turkish government aims to establish a new mechanism to support fresh renewable energy projects in the country, which has received support from the EBRD, one of the major investors in Turkey.