Europe's bet on carbon capture and storage (#CCS) is too expensive, too complex, and too late to support its net-zero targets. 💸 Our new report finds that the current pipeline of CCS projects could leave European taxpayers with a €140 billion bill. ➡ #CCS is highly

"Relying on #CCS as a climate solution will force European governments to introduce eye-wateringly high subsidies to prop up a technology that has a history of failure,” said IEEFA's Andrew Reid. via euronews #ICMForum euronews.com/my-europe/2024…

The International Energy Agency World Energy Outlook 2024 #WEO2024 is out today. 🎯 IEEFA’s EU gas demand forecast remains in the range of the IEA's STEPS and APS demand projections. 👉 Explore all our data about European LNG: ieefa.org/european-lng-t… Ana Maria Jaller-Makarewicz

Asset owner efforts to ease systemic risks such as climate change are held back by outdated product offerings that disproportionately prioritise short-term returns. 💡 IEEFA calls for the establishment of “systemic funds”, a bold new category of impact product that places

🇬🇧The #UK government’s recent #CCUS announcement is low on details and high on rhetoric, and it makes potentially misleading claims and omissions. The plan risks making the UK more reliant on imported fossil fuels for decades to come. More: ieefa.org/resources/uk-c…

“The troubles in the water sector send a warning. The consequences of under-investing in #climate #mitigation and #adaptation will be far-reaching in the years ahead. To prevent these — and in turn the costs of a disorderly transition — concrete policies and strategies require

🇪🇺 The EU is a global leader in sustainable finance, with a groundbreaking regulatory framework designed to match the bloc's energy transition aspirations. Despite being a model for the rest of the world, pressure mounts for the EU to scale back requirements as part of an

Our European LNG Tracker is live 🚨 with new data from 2024. Some takeaways: - Europe's LNG demand declined in 2024, and gas demand was flat - The LNG regasification buildout slowed but still overshoots demand requirements - Europe's imports of Russian LNG increased - The US

🚀 Launching tomorrow: EU Gas Flows Tracker Our new interactive data tool to visualise Europe's pipeline gas flows will be available tomorrow, 30 April. 📊 Between 2021 and 2024, EU countries reduced their combined imports of gas and LNG. 👏 The EU has mitigated its dependence

#NEW: Between 2021 and 2024, EU countries reduced their combined imports of gas and LNG by 18%, driven by a decrease in gas consumption. This drop in consumption, together with diversifying import sources, shifting gas flows and installing more renewables, has helped the EU

UK taxpayers and electricity consumers will shoulder the majority of the enormous costs and risks associated with the government’s carbon capture and storage (#CCS) plans. Despite the lowering of CCS targets in the most recent Climate Change Committee Carbon Budget, the UK is

Consumers ending up shouldering most of the costs of installing and operating CCS in the UK, a new report by IEEFA out this morning has found 👇 gasoutlook.com/analysis/ccs-c…

There is little economic incentive for polluters to install carbon capture and storage (CCS) facilities in the UK as ETS carbon prices are “too low”, said Andrew Reid, energy finance analyst at the Institute for Energy Economics and Financial Analysis. montelnews.com/news/b93091a6-…

Long-term #LNG deals create significant financial and regulatory risks and will not guarantee the security of energy supply that the #EU urgently needs, writes Ana Maria Jaller-Makarewicz. Italian energy company #Eni has secured a 20-year deal to purchase 2 million tonnes per annum (around

Greece increased its dependence on natural gas - Monthly consumption at an 8-year high last February IEEFA: Η Ελλάδα αύξησε την εξάρτησή της από το φυσικό αέριο - Σε υψηλό 8ετίας η μηνιαία κατανάλωση τον περασμένο Φεβρουάριο IEEFA Europe energypress.gr/news/ieefa-i-e…

☀️ 🍃 #Greece has some of the best solar and wind resources in the EU. Yet it is positioning itself as a regional gas hub in pursuit of short-term profits. As #gas-fired power generation rises, industrial and retail consumers are increasingly exposed to major price risks from

In July 2025, Czech energy group #EPH issued €500 million in seven-year senior unsecured green bonds. While labelled “green”, our analysis finds that the bonds do little to advance decarbonisation of EPH’s largest emissions source: fossil fuel power generation. • Proceeds are