Policy & Regulation
Joint Declaration on the European Energy Efficiency Financing Coalition - Signed by Commission and all Member States
The Joint Declaration on energy efficiency financing, signed by EU Energy Commissioner Kadri Simson and Energy Ministers of the 27 EU Member States, emphasizes the need for private investment in energy efficiency and the creation of a sustainable funding framework for such investments. This initiative is the precursor to establishing the European Energy Efficiency Financing Coalition, which aims to foster market conditions conducive to energy efficiency investments and to increase private funding to meet EU energy and climate goals for 2030 and 2050. The Coalition will follow the blueprint of the Energy Efficiency Financial Institutions Group (EEFIG), operating through political dialogue, expert groups, and national hubs to tailor financing solutions. The legal basis for the Coalition is Article 30 of the 2023/1791 EU Directive on Energy Efficiency, which seeks to enhance the cost-effectiveness of public funding and stimulate private investments in the sector. A formal launch for the Coalition is planned for early 2024, with invitations to financial institutions and stakeholders to participate meant to be extended soon.
Read Full articleArtificial Intelligence Act: Landmark Deal Reached for World's First AI Rules
The EU's Artificial Intelligence Act, following a three-day negotiation, aims to integrate AI into the European market, balancing innovation with fundamental rights protection. The act's risk-based approach sets stringent rules for high-risk AI applications, excludes certain AI uses, and provides specific law enforcement exceptions. It establishes a governance system, including an AI Board, and introduces penalties for violations. The legislation will take effect two years post-enactment, with a focus on transparent and responsible AI development.
Read Full articleEmpowering Small and Medium-sized Enterprises (SMEs) in the Energy Transition: The DEESME Project
The DEESME project, under EU's Horizon 2020, aids SMEs in energy efficiency endeavours, countering technical, financial, and awareness barriers. It provides a multi-layered approach to align SMEs with EU goals, offering policy recommendations and strategies to effectively implement Article 11 of the Energy Efficiency Directive.
Read Full articleEU Policies for Advancing Green Hydrogen
The European Union is intensifying efforts to foster green hydrogen as a key component of its energy and climate strategy. Policies are being developed to support the production, distribution, and use of green hydrogen, aligning with the EU's broader goals of achieving carbon neutrality and sustainable economic growth.
Read Full articleDecarbonisation of industrial heat: The iron and steel sector
Achieving deep decarbonisation by 2050 is only possible through new production processes. Electricity demand of the sector could increase three-fold by 2050. The production of steel from recycled scrap increases by a range of +30% to +70% versus.
Read Full articleStimulating Consumer Demand for Energy Efficiency Investments
The Energy Efficiency Financial Institutions Group (EEFIG) will soon publish its final report from an expert working group on accelerating consumer demand.
Read Full articleChatGPT and the EU’s Artificial Intelligence Act
The European Union is considering a new legal framework that aims to significantly bolster regulations on the development and use of artificial intelligence. The proposed legislation, the Artificial Intelligence (AI) Act, focuses primarily on strengthening rules around data quality, transparency, human oversight and accountability.
Read Full articlePROJECT MANAGER - EU PROJECT OFFICE
We are looking for a project manager for our EU Project office. EEIP is a neutral, open and global business and policy platform for the energy transition. Founded in 2011, we are serving more than 150.000 users.
Read Full articleThe clean energy race - EU fights back with new green industry and critical raw materials legislation
Two new EU proposals aim to set the bloc on track to meet its net-zero goals. They include the Net-Zero Industry Act and the Critical Raw Materials Act. The proposals are seen as key to reining in the green industry's global front.
Read Full articleDeep decarbonisation of industry: The cement sector
Fossil fuel combustion to meet heating needs accounts for 35% of cements CO2 emissions. The remaining 65% are due to direct process emissions, which must also be addressed. By 2050, cement production in the EU is expected to remain below pre-2010 levels.
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