The EU generates a record amount of renewable electricity
A study found that ever since the conflict in Ukraine began, the European Union has produced more electricity from renewable sources such as the wind and the sun than it ever has before. Germany also broke the record for the…
China installs the biggest offshore wind turbine in the world
The unit power of the wind turbines is 13.6 megawatts, and the diameter of the blades on these machines is 252 meters. In conjunction with the festivities for the 20th CCP, which began yesterday in Beijing, China placed into action…
During the crisis, Europe’s historic growth in wind and solar saves €11 billion in gas expenditures
According to a recent analysis by E3G and Ember, since the start of the war, wind and solar energy have produced 25% of the EU's electricity, with record growth from only last year saving the region €11 billion in gas…
The European wind sector is “struggling” in the face of escalating costs
Despite the energy crisis, major industry figures have warned that European wind turbine makers are struggling financially and slashing employment, putting them at risk of losing market share to Chinese rivals. Both the turbine manufacturers General Electric Renewables and Siemens…
Repercussions of the EU’s revenue cap on alternative energy sources
Analysts are warning that the necessary emergency measures taken by the European Union to address the ongoing energy crisis may have unintended consequences for the region's ambitions in the field of renewable energy; however, the impact on power purchase agreements…
German citizens continue to prioritize energy transition during the energy crisis
Despite the energy crisis's impact on prices and uncertainty, the majority of Germans still think the energy transition should be a top priority, according to a survey. According to the survey conducted by the Institute for Advanced Sustainability Studies, 69%…
Europe’s crisis response to the rise in energy prices
A set of emergency measures to lower soaring gas and electricity prices that are fueling inflation, impeding industrial activity, and putting consumers on the hook for exorbitant bills ahead of winter was adopted by the European Union governments on Friday.…
European Union countries Squabble Over Price Caps for Gas
The European Union's member states disagreed on Friday in Brussels over whether and how to impose a price ceiling on soaring gas prices, with Germany among those opposed to the action that 15 other nations claimed was necessary to address…
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 as a result of supply chain issues are preparing the groundwork for Germany to enter a recession. The country is suffering what are being called…
EU countries fight to retain their own energy crisis policies in place
European Union countries are seeking for assurances that they would be able to maintain their own windfall profit levies on energy companies, as well as the flexibility to apply even harsher restrictions in addition to the bloc-wide measures proposed by…