Renewables
Europe Is Now Seriously Rethinking Its Oil Refinery Phase Down
CEII brief
OilPrice.com reported on 31 Oct 2026: Europe Is Now Seriously Rethinking Its Oil Refinery Phase Down.
Read the full story on OilPrice.comOver the past couple of decades, Europe has pursued some of the world’s most ambitious clean energy policies, aiming to become the first climate-neutral continent by 2050.
Context from CEII
Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.
27.8% of electricity in the world was renewable in 2021Original reporting © OilPrice.com. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
