FLR - Four EU Countries Want to Get All of Their Power From Clean Sources by 2030
The eastern Europe conflict has highlighted the risks of Europe’s reliance on imported fossil resources. Decarbonization targets and the transition to renewable energy have accelerated in certain EU countries (Portugal, Netherlands, Denmark, and Austria) as they seek to lessen reliance in reaction to the war. The EU as a whole is currently aiming for 82% renewable energy by 2030. According to energy research tank Ember’s EU power objectives tracker, a handful of EU governments are expediting fossil fuel phase-outs to reach 100% clean power by the end of the decade. Meanwhile, DevvStream , NRG Energy ( NYSE:NRG ), Ballard Power Systems Inc ( TSX:BLDP ) ( NASDAQ:BLDP ), Fluor Corporation ( NYSE:FLR ), and FuelCell Energy Inc ( NASDAQ:FCEL ) are taking significant action to reduce emissions.
DevvStream is a carbon stream investment company focused on tech-based solutions. DevvStream provides upfront cash for sustainability projects in exchange for carbon credit rights. It creates and maintains carbon credits through these rights by leveraging the most technologically advanced, blockchain-based platform.
DevvStream and its affiliate Devvio, Inc., a leading provider of advanced Web3 solutions, <...
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