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Greece has released its final version of its National Energy and Climate Plan (NECP) that reflects the country energy and climate strategy for the period 2021 to 2030. By 2030, final energy consumption should not exceed 16.1-16.5 Mtoe by 2030 (38% energy efficiency improvement), and primary energy consumption should not exceed 22.5 Mtoe (at least 7 Mtoe of cumulative energy savings over the 2021-2030 period). Greenhouse gas (GHG) emissions will have to be cut by at at least 42% compared with 1990 (by more than 55% compared to 2005) and all lignite-fired power plants will progressively shut down until 2028.

The NECP sets a target of more than 35% of renewables in the gross final energy consumption by 2030; renewables should cover between 61% and 64% of final electricity consumption, 40% of heating and cooling energy consumption and 14% of transport consumption. By 2030, the wind power capacity should surge from 2.8 GW in 2018 to 3.6 GW in 2020 and 7 GW in 2030, while the solar PV capacity should more than double from 2.6 GW in 2018 to 3 GW in 2020 and 7.7 GW in 2030 (from 3.4 GW to 3.7 GW for hydropower).

Overall, the NECP foresees a total investment of €43.8bn to achieve its energy transition and reduce its dependence on fossil fuels. In the power sector, Greece plans to invest €9bn in renewables, €5.5bn in power infrastructure, €1.3bn in new thermal power plants and centralised storage units, €3.5bn in the digitalisation of its electricity distribution network. Another €4.2bn will be invested in gas networks, including €2.2bn in gas interconnections and €2bn in domestic gas pipelines and gas storage capacities, and a total of €11bn will be invested in energy efficiency. Greece will also invest in forest management (€2bn) and in circular economy and recycling (€5bn).

By the end of 2020, all the European Union (EU) member states must submit their final NECP to present how they will contribute to the EU’s 2030 climate and energy targets.

Cuba has adopted a new decree law (Decree Law 345) aiming at promoting the development of renewable power generation and energy efficiency. The country aims to reach 24% of renewable power generation by 2030, from less than 4% currently (including hydropower), to progressively replace the use of fossil fuels with renewables and to diversify its thermal power mix. …

Germany’s Federal Network Agency has set the maximum value for onshore wind tender at €6.20c/kWh. Without a fixation by the Federal Network Agency, the maximum values would have been determined by the highest bids awarded during the last three tender rounds.

According to Japan National Institute for Environmental Studies, the country’s greenhouse gas (GHG) emissions have declined from 1,291 MtCO2 in the financial year 2017/18 to 1,244 MtCO2 in 2018/19 (-3.6%), which is their lowest level since 1990/91.

According to the Indonesian government, the introduction of the mandatory use of 30% blended biodiesel (B30) from January 2020 will allow the country to reduce its fossil diesel fuel consumption by 165,000 bbl/d. The archipelago will begin research on fuel containing 50% of bio component, known as B50 in January 2020. …

Equatorial Guinea has announced plans to develop energy projects worth US$1bn, including two new oil refineries. The first modular refinery would have a capacity of 20,000 bbl/d and transforms crude oil from Zafiro and Aseng fields. The second modular refinery would produce 10,000-20,000 bbl/d and would be located on the mainland in Kogo, with oil supplied by the Ceiba and Okume Complex. …

The Transmission Company of Nigeria (TCN) has obtained a €210m financing from the African Development Bank (AfDB) to fund the Nigerian Transmission Expansion Project (NTEP-1).

The construction cost of a 1.2 mb/d refinery project to be jointly developed in India by Aramco and ADNOC has been revalued from US$45bn to US$70bn (+56%). The refinery will be built in the western state of Maharashtra, about 100 km south of Mumbai. No land has been secured yet for the project. When commissioned, the refinery will receive 600,000 bbl/d of Saudi and Emirati crude oil. …