energy | consortiums.eu

Why Have Governments Subsidized Fossil Fuels for Decades?

Even after decades of efforts to combat global warming, fossil fuels still provide over 80% of the world’s energy. You might assume this makes fossil fuel production highly profitable, but that isn’t always the case. The easiest-to-reach oil reserves have already been tapped, and many countries want to secure their domestic energy supplies. Additionally, energy price fluctuations and the rise of renewable energy sources like solar and wind have made it more challenging for fossil fuel companies to remain profitable, especially in sectors like coal.

Tags:

energy security

climate change

fossil fuels

energy

environment

green energy

environmental impacts

New Wave of Electric Vehicles Ready to Charge at 70 mph

Despite the increasing number of electric vehicles (EVs) capable of traveling over 300 miles on a single charge, range anxiety remains a significant barrier to widespread adoption, particularly in the U.S. A straightforward solution to alleviate fears of being stranded mid-trip is to equip cars with an onboard charger. Unlike traditional hybrids that use gas to power the wheels, a new generation of vehicles uses gas solely to charge a large onboard battery.

Tags:

electric vehicles

hybrid vehicles

environmental technology

New Market Opportunities Highlighted at EU Fusion Business Forum

Over 150 organizations, including industry leaders, start-ups, and research institutes, gathered at the EU Fusion Business Forum in Berlin. The event, organized by the European Commission’s Directorate-General for Energy, brought together Fusion for Energy (F4E) and the ITER Organization to explore the potential of fusion energy and discuss the latest market opportunities from projects like ITER.

Tags:

EU and Nefco Initiative to Restore and Modernize Public Utilities in Ukraine's Northern and Southern Regions

Since Russia's full-scale invasion of Ukraine in February 2022, the country has faced a severe crisis with profound human and economic repercussions. In response, the European Union has launched a EUR 75 million grant-funded initiative, in collaboration with Nefco, to repair and modernize critical infrastructure in Ukraine.

Tags: