Low-carbon economy

Australia unveils plans to keep burning gas beyond 2050

Australia unveiled plans Thursday to keep burning natural gas beyond 2050, saying its reliance on the fossil fuel would not derail a pledge to reach net zero emissions in the next 30 years.

Resources minister Madeleine King said gas "will remain an important source of energy" in Australia, outraging environmental groups who branded the Future Gas Strategy a "climate disaster".

Greek Electricity Giant Acquires Bulgarian Solar Parks

The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria. This acquisition forms part of a broader project aimed at developing 90 installations with a combined capacity of up to 2,000 megawatts across Italy, Bulgaria, Croatia, and Romania.

Bill to free up space on Greece’s electricity grid

The Recovery and Resilience Plan is the "most ambitious program the European Union has ever conceived of planning and implementing," Environment and Energy Minister Thodoros Skylakakis said on Thursday, expressing satisfaction with the progress in its implementation and the loans envisioned under RepowerEU.