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…
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…
Instead of fueling the fossil renaissance, Germany must accelerate energy transition
The "Zeitenwende" (turn of an age) that has been brought on by Russia's conflict with Ukraine necessitates that the German government rapidly scale up its efforts to transition away from fossil fuels and toward renewable energy. Despite the fact that…
Oil Stabilizes but Continues to Head Toward Weekly Decline
Oil prices remained relatively unchanged on Friday but are still on course for a weekly loss due to concerns on the possibility of significant increases in interest rates, which are anticipated to slow both global economic growth and fuel demand.…

As Europe debates a gas price cap, energy prices skyrocket

On Monday, Europe felt the chill of rising energy prices, with France admitting it could not cover all of the extra expenses for consumers, and Britain facing a rising risk of recession. The European Union and the United Kingdom are…
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 take longer than anticipated, making an early end to gas and coal-fired power production extremely challenging. Germany will continue to rely on natural gas, adding…