In brief | 21 January '25
Euractiv: Norway’s governing coalition breaks over EU energy rules row
Norway is bound to adopt EU energy laws as a member of the European Economic Area – which the eurosceptic Centre Party has opposed.
FT: Ørsted replaces chief Mads Nipper
Ørsted has replaced chief executive Mads Nipper as the world’s largest offshore wind developer faces deepening challenges in the US market and persistent disruptions to its supply chains.
European Commission: EU invests over €1.2 billion in cross-border infrastructure contributing to build our Energy Union and to boost competitiveness
The Commission will allocate almost 1.25 billion euros in grants from the Connecting Europe Facility (CEF) to 41 cross-border energy infrastructure projects, which have obtained the status of Projects of Common Interest and Projects of Mutual Interest (PCIs and PMIs) in 2024 under the Trans-European Networks for Energy (TEN-E) policy framework.
Bloomberg: The global climate order teeters under second assault by Trump
Trump's second exit from the Paris Agreement is coming at a far shakier time for climate action, with rising populism and corporate retreat adding bigger risk to the U.S. pullback.
BloombergNEF: Global Investment in the Energy Transition Exceeded $2 Trillion for the First Time in 2024
Investment in the low-carbon energy transition worldwide grew 11 percent to hit a record 2.1 trillion U.S. dollars in 2024, according to Energy Transition Investment Trends 2025, an annual report released today by research provider BloombergNEF (BNEF).
