On Monday, the results of a highly anticipated auction revealed that Russia’s state-owned gas giant Gazprom had not reserved any extra gas transit capacity for November, either through the Ukrainian pipeline system or through lines into Western Europe via Poland.…
Frazer Solar is planning a 100MW Africa PV-battery project
The €100 million Mega Solar-Storage project will be built at Eswatini’s Edwaleni power plant. Frazer Solar, an Australian-German company, has signed a definitive deal with the Government of Eswatini (Swaziland) for a 100MW solar battery project, which will be Africa’s…
Europe’s energy crisis: Brussels considers creating an EU-wide gas reserve to keep prices stable
Brussels has indicated that it is prepared to look into the development of an EU-wide strategic reserve for natural gas, which would provide steady and predictable supply for the whole bloc while preventing large price swings like the ones that…
Europe’s energy crisis: Brussels considers creating an EU-wide gas reserve to keep prices stable
Brussels has indicated that it is prepared to look into the development of an EU-wide strategic reserve for natural gas, which would provide steady and predictable supply for the whole bloc while preventing large price swings like the ones that…
The EU has issued a warning about fuel poverty as a result of rising energy prices
According to EU Labor Commissioner Nicolas Schmit, the number of individuals unable to heat their houses this winter is anticipated to grow. Heating expenses are skyrocketing due to rising global energy prices. The European Union’s Labor Commissioner, Nicolas Schmit, warned…
While other energy firms go bust, this minnow just turned a profit: ‘I sleep well at night’
Small energy companies are going bankrupt at an alarming pace as natural gas prices rise, making power prohibitively expensive However, Yu Group, a £40 million AIM-listed minnow, is defying the trend. The firm announced today that revenue increased 44 percent…
The EU has unveiled a toolkit to combat rising energy prices
The European Commission has proposed a package of policies to help EU member states maintain low fuel and energy prices. On Wednesday, the European Union offered a slew of alternatives for members to address the issue of rising energy bills.…
The European Union is divided on nuclear power as a result of the energy crisis
The continuing energy crisis has caused a schism between France and Germany regarding nuclear power expansion France is exploring a new strategy to shore up its energy mix as energy costs continue to rise and shortages put strain on energy…
In German waters, space is becoming increasingly restricted for commerce, offshore wind, and environmental protection
The Federal Maritime and Hydrographic Agency (BSH) has assigned space in German waters to a variety of future uses, including shipping, fisheries, offshore wind power, raw material extraction, and nature conservation. However, the many different future uses of the German…
RWE, a German energy provider, has stated that it is willing to phase out coal-fired power generating sooner rather than later
RWE, the German energy provider, is prepared to retire its coal-fired power plants sooner than required under the country’s coal departure law, according to CEO Markus Krebber, who spoke to Spiegel Online. He stated that RWE would not seek any…