A space to keep abreast of the latest news and developments in climate change and energy transition
Towards a sustainable futureDiscover the main challenges of the energy transition and see how they are being faced.
Electric mobility: a challenge for infrastructure and the market
Addressing issues such as increasing battery autonomy, installing more charging points, or using renewable sources to generate electricity, is crucial to continue advancing towards sustainable mobility goals.
European action plan REPowerEU: Will we be capable of increasing energy security?
Renovating the European Union energy system and reducing excessive dependency on Russian imports requires a commitment to saving, diversifying supplies, and the use of renewable sources.The European Union is facing one of its biggest energy challenges in 2023. In a crisis context caused by the war in Ukraine, with price increases and limitations in supplies caused by the conflict, it is essential to make adjustments to the European Union’s energy system in order to solve some of its most pressing shortcomings. In particular, its heavy dependence on imports of gas, oil, and coal from Russia, a supply with few guarantees due to the current situation, and which leaves many member countries facing a complicated supply situation in the short term. To solve these matters and mitigate the negative effects of the war on energy, the European Commission launched an ambitious contingency plan in May 2022 called REPowerEU. An agreement that includes different measures aimed at ensuring the supply of energy to all citizens, as well as starting the transition towards an energy system in Europe, not only more independent and stable, but also more sustainable. REPowerEU Plan The main aim of the plan is to reduce the reliance of states on Russian fossil fuels, such as oil, coal, and gas. This agreement seeks to completely renovate the traditional energy system of the Union, incorporating reforms from the ground up and seeking to achieve a twofold objective. On the one hand, to no longer depend on supplies from Russia — currently at risk due to the sanctions imposed on the country — and on the other hand, to seize the moment to accelerate the transition to clean and sustainable energy. In this way, not only would it end Russian trade relations regarding fossil fuels, but it would also be essential to replace this supply with renewable energy alternatives that help to meet the climate-neutrality objectives set. In order to achieve this twofold objective, it is important to bear in mind that not all member countries are in the same energy situation. It depends on their degree of dependence on Russia, their possibilities to access other energy options, or the interconnections and infrastructures they have in place for this purpose. Taking these factors into account, the measures proposed in the REPowerEU plan are always based on the principles of solidarity and equity among countries, favoring cooperation among them to avoid inequalities that may arise during the transition period. Areas of action The REPowerEU Plan is based on the Fit for 55 packet of measures presented in 2021, adapting them to the current energy situation and emphasizing decision-making on four basic pillars. Energy saving. Diversifying supplies. Replacement of fossil fuels with renewable energies. Intelligent combination of investments and reforms.
What subsidies are available to fund the energy transition?
The Spanish government is offering households and businesses a range of subsidies for renewable energy, energy efficiency, and sustainable mobility projects.Given the elevated instability of international energy markets since the war in Ukraine began, coupled with soaring energy prices in recent months, many households and businesses are finding it hard to cope with their daily expenses. And so it comes as no surprise that many people in Spain are deciding to change the way they consume energy by looking for more sustainable and economical energy models. This involves solutions based on renewable energy sources and energy efficiency, which are not only key to moving steadily towards the energy transition and fighting climate change, but that also offer a way to save money. Investing in renewable energy solutions is now more affordable thanks to the government subsidies now available. Energy transition subsidies Redoing your home's insulation, installing a solar self-consumption system in an office or home, or switching to electric vehicles on the national scale all yield considerable financial benefits over time. However, they also entail a series of initial costs when it comes to construction, installation, or the purchasing of system themselves, which must first be overcome. To facilitate these kinds of renewable projects so that setup costs do not become a hurdle for some, the Spanish government is offering a series of grants and subsidies to drive Spain's energy transition. Financed by the NextGenerationEU fund and as part of Spain's Plan for Recovery, Transformation, and Resilience, this public funding consists of different categories depending on who is requesting the aid (households, businesses, nonprofits, or public bodies) and the scope (energy efficiency, transition to renewables, or sustainable mobility). Here we tell you about some of the most interesting subsidies currently being offered in this regard and their main features.
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Glossary of terms
All the terms you need to know to understand the world of energy and the energy transition, made easy for you.