The Polish grid operator PSE conducted the general certification procedure earlier this week, thereby prequalifying electricity producers for capacity mechanism payments. The certification is an obligatory first step and conclusions sum up how much and what kind of capacities can take part in the bidding process for the first capacity payments within the Polish capacity market for the period 2021-2023. Whilst this certification does not spell out electricity producing technologies which will benefit, it does sum up eligible quantities for the payments and indicates proportions between different technologies.
Member States gathering yesterday at the European Council discussed the next Multiannual Financial Framework, which sets out EU’s spending priorities after 2020. While they committed to reach a deal as soon as possible, they remained silent on how to make the long term EU budget fit for the Paris Agreement.
Environment Ministers of Belgium, Denmark, Estonia, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Portugal, Slovenia, Spain, Sweden and the United Kingdom meeting in Luxembourg today have called upon the EU to make significant further efforts to fight climate change, over and above the already taken commitments.
The high-profile Ministerial on Climate Action (MoCA), taking place on 20-21 June in Brussels and co-convened by the EU, China and Canada is one of the most important moments for global climate diplomacy this year. The three hosts, together with ministers representing more than 30 other major powers, are expected to advance discussions towards a successful outcome of the next climate summit COP24 in December 2018 in Poland.
After reaching yesterday a deal on the Energy Efficiency Directive (EED), early this morning the European Parliament, Council and Commission agreed also on the new Governance Regulation for the period 2021-2030. Like the 2030 renewable energy target, the agreed 2030 target for energy efficiency of 32,5% and the agreed rules for how to ensure the targets are met fall short of what is needed to comply with the Paris Agreement.
The vast majority of European countries are missing the mark and failing to increase our chances of achieving the goals of the Paris Agreement. Too few of them are advocating for ambitious climate and energy targets and policies, and too many are lagging behind in reducing carbon emissions at the level needed to implement the Paris Agreement. That is according to a new ranking published today by Climate Action Network (CAN) Europe.
The European Commission published today its proposal for financing international development and neighbourhood cooperation after 2020. The proposed instrument falls short of meeting the climate finance needs of the EU’s partner countries, while failing to guarantee that EU financing for international action is fully climate proof and compatible with the Paris Agreement.
The European Parliament, Council and Commission have reached a final agreement on the Renewable Energy Directive for the period 2021-2030. The EU agreed to increase its 2030 renewable energy target, but the level of ambition of the revised directive still falls way short of what is needed to comply with the Paris Agreement.
Today a unique gathering of businesses, investor groups, local and regional authorities, and civil society groups, standing together as the Coalition for Higher Ambition, are calling upon EU leaders to accelerate the transition to a zero-carbon Europe and thus limit climate impacts and allow for improvements to public health, greater competitiveness for businesses, and an increase in good quality jobs.