Innovative Greentech & Energy Transition
The energy price crisis is expected to send Germany into recession in 2023
The rising cost of energy and the difficulties experienced by major portions of the industry…
Germany to continue using coal and gas in power plants beyond 2030
The expansion of renewable power generation in Germany is a "herculean challenge" that will likely…
The energy price crisis is expected to send Germany into recession in 2023
The rising cost of energy and the difficulties experienced by major portions of the industry…
German associations demand an immediate increase in energy efficiency before the start of winter
As rising gas prices and a looming gas shortage affect households and businesses, an alliance…
Due to rising energy prices, the German economy is expected to lose $265 billion in added value
According to a study conducted by the Institute of Employment Research in Germany, the conflict in Ukraine and rising energy prices will cause Germany's economy to lose more than 260 billion euros ($265 billion) in added value by the year…
The German government ponders the optimal design for a new gas tax as household gas costs are projected to triple
Germany's government is searching for methods to minimize the cost explosion for consumers as concerns over the country's increasing gas prices deepen. A new state tax on gas is still being planned by the government for introduction in October, which…
EU gas solidarity is hampered by the absence of fuel sharing agreements
The European Union reached an agreement this week to deal with a gas supply issue, but for it to be effective, member states must develop bilateral pacts to exchange gas, and the majority of them do not currently have such…
The Global Movement Towards Renewable Energy Is Remaining Strong
Renewable energy is the energy of the future. This remark may sound absurd, yet it is becoming increasingly plausible. Increasing numbers of individuals favor renewable energy over fossil fuels. Several factors are accelerating the global switch to clean energy, causing…
Germany increases gas emergency preparations as Nord Stream operations resume
The Nord Stream 1 pipeline from Russia to Germany has reopened after a 10-day shutdown for scheduled maintenance. Robert Habeck, Germany's economy and climate minister, said the country "cannot rely on supply" in light of the country's lower utilization rate…