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Top related persons:
Goldman Sachs - 1 Goldman - 1 London Stock Exchange Goldman - 1 Oliver Carruthers - 1 Samsung Biologics Goldman - 1 Ziyi Chen - 1 Michele Della Vigna - 1 — CNBC's Michael Bloom - 1
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REUTERS - 2 Rights - 2 Thomson - 2 bank's Investment - 1 London Stock Exchange - 1 Microsoft - 1 Samsung - 1 Korean - 1

Search resuls for: "EU's Renewable Energy"


5 mentions found


☆ Goldman Sachs just refreshed its conviction lists of global stocks — giving one 67% upside
  + stars: | 2024-05-06 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com   time to read: +3 min
Goldman Sachs just refreshed its lists of top global stock picks, adding some and removing others. The investment bank's "Conviction List - Directors' Cut" aims to offer investors a "curated and active" list of 15 to 25 buy-rated stocks. The stocks are selected by a subcommittee designated by the bank's Investment Review Committee for each region. Here are three of the latest additions to Goldman's directors' cut lists — for Asia-Pacific and Europe — that were given more than 30% upside potential in the next 12 months. Goldman has a target price of 11,850 British pence ($148.71) on the stock, giving it around 30.7% upside potential.
Persons: Goldman Sachs, Goldman, London Stock Exchange Goldman, Oliver Carruthers, Samsung Biologics Goldman, Ziyi Chen, Michele Della Vigna, — CNBC's Michael Bloom Organizations: bank's Investment, London Stock Exchange, Microsoft, Samsung, Korean, EU's Renewable Energy, . Locations: Asia, Pacific, Europe, Korean
☆ Europe could become energy self-sufficient in $2 trillion push - study
  + stars: | 2023-10-04 | by ( ) www.reuters.com   time to read: +2 min
[1/2] Electrical power pylons with high-voltage power lines are seen next to wind turbines near Weselitz, Germany November 18, 2022. REUTERS/Lisi Niesner Acquire Licensing RightsFRANKFURT, Oct 5 (Reuters) - Europe could wean itself off fossil fuels and create a self-sustainable energy sector by spending around 2 trillion euros ($2.1 trillion) on solar, wind and other regenerative sources by 2040, according to a new study. The law raises the EU's renewable energy targets, requiring 42.5% of EU energy to be renewable by 2030, replacing a previous 32% target. It said renewable energy supply would need to grow by 20% per year to meet expected power demand by 2030. ($1 = 0.9531 euros)Reporting by Christoph Steitz, Editing by Rachel More and Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Lisi Niesner, Christoph Steitz, Rachel More, Alex Richardson Organizations: REUTERS, Rights, Potsdam Institute, Climate Impact, Reuters, Aquila Capital, Thomson Locations: Weselitz, Germany, Europe, Russian, Ukraine
☆ EU Parliament passes bill hiking renewable energy targets
  + stars: | 2023-09-12 | by ( Kate Abnett | ) www.reuters.com   time to read: +3 min
The law significantly raises the EU's renewable energy targets, requiring 42.5% of EU energy to be renewable by 2030, replacing a current 32% target for that date. It faced a tough passage through negotiations among EU countries' governments, and only secured support after France won carve-outs for nuclear energy - which is low-carbon, but not renewable. EU countries and lawmakers had negotiated a deal on the renewable energy law in March which was supposed to be final, but was held up by countries seeking greater recognition of nuclear power. A Commission spokesperson said on Tuesday it was aware of the difficulties and was in touch with renewable energy manufacturers to discuss possible solutions. Europe got 22% of its energy from renewable sources in 2021, the latest year for which official EU data are available.
Persons: Pascal Rossignol, Markus Pieper, Pieper, Kate Abnett, Ed Osmond, David Evans Organizations: REUTERS, Rights, Union, France, European, EU, Thomson Locations: Bevillers, France, Rights BRUSSELS, EU, Brussels, China, Europe
☆ EU hopes to steer clear of summit showdown on combustion engine phase-out
  + stars: | 2023-03-23 | by ( Kate Abnett Philip Blenkinsop | Kate Abnett | Philip Blenkinsop | ) www.reuters.com   time to read: +3 min
Neither of the two contentious issues is on the official summit agenda and some EU diplomats said they hope to avoid a formal debate on them. EU leaders take decisions unanimously, meaning one country can block a deal. Escalating the car CO2 debate to leaders would therefore be pointless, one EU diplomat said on condition of anonymity. A German government official said on Wednesday the talks were "very constructive", but that the issue would not be addressed at the EU summit. ENERGY REFORMSOn the second day of the summit on Friday, EU heads of state and government will discuss a reform of the EU electricity market.
☆ Putin says Russia's not responsible for the EU's energy crisis — it just needs to 'push the button' on the Nord Stream 2 pipeline to get more natural gas
  + stars: | 2022-09-19 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +2 min
Europe is dependent on Russia for natural gas, but Gazprom has turned off the Nord Stream 1 pipeline. Russian President Putin said the EU just has to turn on Nord Stream 2 for more natural gas. The Nord Stream 2 runs parallel to Nord Stream 1, a key gas pipeline linking Russia and Europe. The Nord Stream 2 natural-gas pipeline runs in parallel to Nord Stream 1, a key pipeline that delivers fuel from Russia to Europe. The $11 billion Nord Stream 2 pipeline was completed in September, and stands to double Russia's gas flows to Europe.
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