ENERGY NEWS is centered on generating power from renewable sources (wind, solar, and biofuels) rather than fossil (coal, gas, and nuclear) and nuclear sources. Additionally, under the heading “electricity,” we offer you with news and background information on the power market and power grid, electricity storage, and the legislation guiding the transition to a new, more integrated energy system.

Gas crisis causes European Energy Exchange power prices to surge further
Day-ahead auction prices for electricity on the European Energy Exchange (EEX), headquartered in the eastern German city of Leipzig, have hit a new record high of 553 euros per megawatt hour (MWh). When compared to the price of just 58…
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 of associations has urged Germany's government to increase energy efficiency ahead of the winter. Many groups in Germany have called for a "historic energy saving…
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…
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…
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…
CEOs urge European authorities to hasten adoption of ‘proven and scalable’ energy storage systems
The chief executive officers of Fluence, Gore Street, Gresham House, and six other companies have issued an open letter urging European policymakers to establish suitable goals and policy frameworks for the adoption of energy storage. The co-signatories praised the REPowerEU…
The German parliament passes a new law on onshore wind energy
The German government adopted the so-called "Easter Package" last week, which included a new onshore wind regulation. It intends to accelerate the spread of renewables. It requires Germany to have an 80 percent renewable electricity contribution by 2030 and a…
Current initiatives won’t reach German energy targets
With the existing policies in place, Germany won't be able to meet its 2030 goals of phasing out fossil fuels and increasing renewable energy, according to research released on Wednesday. The well-respected German Institute for Economic Research, also known as…
Will recent conflict and energy crisis lead to a quicker transition to renewable energy?
As the conflict between Russia and Ukraine continues, countries all around the world are experiencing its impact. The globe has imposed severe sanctions on Russia and reduced oil and gas shipments, leading prices to skyrocket. Russia, one of the top…
As the world grapples with energy and climate issues, these batteries may be of service
While the market for EV batteries grows and shifts, large manufacturing powerpacks, energy storage systems or ESS, are being ignored as a potential solution to this power bottleneck. Challenges relating to the environment and energy are now being faced concurrently…