Energy transition

Türkiye and the European Union should work together on natural gas supply security, Energy Minister Alparslan Bayraktar has said.

Bayraktar met with EU Ambassador to Türkiye Nikolaus Meyer-Landrut and ambassadors of EU member countries in Ankara to discuss Türkiye's national energy plan and energy transition as well as cooperation in the field of energy.

"Greece is at the center of geopolitical developments in our region and, thanks to the infrastructure it had in Revithoussa, it managed not only not to face the danger but also to support the energy systems of neighboring countries," said Deputy Minister of Environment and Energy Alexandra Sdoukou, at the roundtable on "European Policy for Energy and Climate, Transnational Cooperation and the G

The European electricity industry on Wednesday sent a call to policy makers from Athens, both nationally and at European level, to ensure investments in the networks to be able to meet the goals of the energy transition.

Australia unveiled plans Thursday to keep burning natural gas beyond 2050, saying its reliance on the fossil fuel would not derail a pledge to reach net zero emissions in the next 30 years.

Resources minister Madeleine King said gas "will remain an important source of energy" in Australia, outraging environmental groups who branded the Future Gas Strategy a "climate disaster".

Italgas sees prospects for significant development of the Greek natural gas market, after fully controlling the Greek medium and low pressure network since September 2022, with the completion of the acquisition of DEPA Infrastructure.

Current production levels of key minerals such as lithium, cobalt and nickel needed for clean energy technologies are insufficient to reach global climate goals, a United Nations agency has said.

The government is distancing itself from the overambitious goals set by the European Union for the green transition, evaluating the effects on the growth of the Greek economy, the fiscal margins for the subsidies required to achieve these goals, and the endurance of households.

The World Bank has said it is providing $400 million in financing to help women and youth access jobs and economic opportunities being created by the green transition in Türkiye.

BELGRADE - As with any other transition, the only postulate energy transition must meet is sustainability, Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic said on Tuesday.

Energy-related carbon dioxide emissions rose to a record level in 2023, but the growth slowed from previous years thanks to continued expansion of clean technologies, the International Energy Agency said Friday.