Who are Oneiro Energy?
Oneiro Energy PLC was founded as a Special Purpose Acquisition Company (SPAC) with a view to refocus the energy market, primarily away from coal. Coal power still accounts for 36% of Global energy generation. Western economies, such as Germany, used over 33% coal as their energy source in 2022, up from 30.2% in 2021 they are still developing new lignite mines – the worst coal by environmental standards.