Deputy Energy Editor, EMEA
Barbara's Feed
Jul 23, 2014

EU Commission agrees 30 pct energy savings goal for 2030-sources

BRUSSELS, July 23 (Reuters) – The European Commission agreed
on Wednesday to put forward a target to improve energy
efficiency by 30 percent as part of a package of climate and
energy policy for 2030, EU sources said.

Member states will decide whether the target should be
binding on individual nations or at an EU-wide level, said two
sources, requesting anonymity as they are not authorised to
speak to the media.

Jul 22, 2014

France backs 30 percent energy efficiency goal-letter

BRUSSELS (Reuters) – France’s energy minister threw her weight behind an energy savings goal of at least 30 percent for 2030 ahead of talks in Brussels on Wednesday to thrash out a target.

Energy efficiency has gained popularity in the context of the Ukraine crisis as EU member states seek to do all they can to reduce the need for imported Russian energy.

Jul 21, 2014

European sanctions on Russia seen limited for now

BRUSSELS, July 21 (Reuters) – For all the tough talk, Europe
is unlikely to punish Russia over last week’s downing of an
airliner over Ukraine beyond speeding up the imposition of
already agreed individual sanctions when the bloc’s foreign
ministers meet on Tuesday.

The severity of future European Union sanctions could depend
on the Netherlands, which suffered the greatest loss of life
when the Malaysia Airlines flight was brought down.

Jul 21, 2014

European sanctions on Russia seen limited for now, despite tough talk

BRUSSELS, July 21 (Reuters) – For all the tough talk, Europe
is not likely to punish Russia over last week’s downing of an
airliner over Ukraine beyond speeding up the imposition of
already agreed individual sanctions when the bloc’s foreign
ministers meet on Tuesday.

The severity of future European Union sanctions could depend
on the Netherlands, which suffered the greatest loss of life
when the Malaysia Airlines flight was brought down.

Jul 16, 2014

EU to target Russian firms with sanctions, block loans

BRUSSELS (Reuters) – European Union leaders agreed on Wednesday to sanction Russian companies that help destabilise Ukraine and to block new loans to Russia through two multilateral lenders.

The decision is a significant ratcheting-up of European pressure on Russia although it falls short of the hard-hitting economic measures against Russia for which the United States and hawks in the EU were pushing.

Jul 16, 2014

EU wants to block new loans to Russia through EIB, EBRD-draft

BRUSSELS (Reuters) – European Union leaders want to block loans for new projects in Russia by two multilateral lenders and broaden the scope of other sanctions in response to Moscow’s actions in Ukraine, according to a draft statement seen by Reuters.

The EU leaders, who meet in Brussels later on Wednesday, will step up sanctions because pro-Russian rebels in eastern Ukraine have not met their demands to end the violence there.

Jul 16, 2014

EU delays decision on Russian access to Opal gas pipeline

BRUSSELS, July 16 (Reuters) – The European Commission said
it had delayed indefinitely a decision on whether to allow
Russia greater access to the Opal gas pipeline in northeastern
Germany, even though its approval would improve the security of
gas supply to Central Europe.

Russian gas giant Gazprom has limited access to
the pipeline because of an EU law that seeks to prevent energy
suppliers from dominating infrastructure.

Jul 16, 2014

EU will work to block new loans to Russia through EIB, EBRD: draft

BRUSSELS (Reuters) – European Union leaders will work to block loans for new projects in Russia by two multilateral lenders and broaden the scope of other sanctions in response to Moscow’s actions in Ukraine, according to a draft statement seen by Reuters on Wednesday.

The EU leaders, who meet in Brussels later on Wednesday, will step up sanctions because pro-Russian rebels in eastern Ukraine have not met their demands to end the violence there, the draft statement said.

Jul 16, 2014

EU considers energy savings goal below 30 percent

BRUSSELS, July 16 (Reuters) – The European Commission is
considering an energy saving goal for 2030 of less than 30
percent, according to a document seen by Reuters, setting it at
odds with designated Commission President Jean-Claude Juncker.

How ambitious an energy efficiency goal the European Union
should set has taken on increased urgency in the context of the
Ukraine crisis because using less energy would curb the EU’s
reliance on Russian gas.

Jul 6, 2014

Bulgaria on brink of nuclear deal to reduce reliance on Russia

SOFIA/BRUSSELS, July 6 (Reuters) – Bulgaria, one of five EU
states that depend totally on Russia for nuclear fuel, is set to
take a step towards diversifying its suppliers when Westinghouse
Electric Company buys a stake in a state-controlled firm
building new atomic units.

Westinghouse, the world’s largest nuclear fuel producer and
part of Japan’s Toshiba group, has concluded talks with
the Balkan country to take a 30 percent stake in Kozloduy NPP -
New Build, which is building new units at the Kozloduy nuclear
site in Bulgaria.