The European energy crisis following Russia’s invasion of Ukraine has brought attention to the urgent need for alternative energy sources. European countries heavily reliant on Russian gas have been exploring other options, and the abundant solar power of North Africa…
The EU recommends prolonging an energy crisis policy designed to reduce gas demand
Although Russia cut off most gas supplies in the months following its invasion of Ukraine, constricting supply and sparking record-high prices, Europe is emerging from winter with a more reliable energy supply than was predicted last year. According to the…
Germany is considering providing industry users with subsidies for offshore wind energy
According to a report in the business newspaper Handelsblatt, the German economy ministry is working on a proposal to subsidize offshore electricity for industry clients through an auction process. The goal of this idea is to protect businesses from growing…
EU to “decouple” the costs of gas and renewable energy
As part of an overhaul of the bloc’s energy strategy, the European Union intends to uncouple market prices for gas and renewable energy sources in the near future. According to an article published by the Financial Times today, Brussels wants…
Germany’s 2022 renewable energy output increases but falls short of the 2030 objective
The Environment Agency reported on Monday that although Germany’s power production from renewable energy increased in 2022, it is still below the threshold required to fulfill the aim of generating 80% of electricity from renewable sources by 2030. The agency…
German coal areas in Estern receive €1.4 billion for reopening opencast mines
Former coal districts in eastern Germany have been successful in securing a budget amounting to 1.44 billion euros to be used for the renaturation of lignite mines over the course of the next five years. Brandenburg, Saxony, Saxony-Anhalt, and Thuringia…
With increased natural gas imports, India’s energy sector is preparing for 2023
In order to avoid a repeat of the electricity crisis in India, which occurred last April (2022), which was the worst in 6 years, and in preparation for higher demand next summer (2023), New Delhi asked government companies to increase…
Energy supply risks for the winter are manageable for Europe
As Europe strives to prevent power outages this winter, the head of the French national grid has downplayed the possibility of a breakdown in electricity flows and significant reductions in energy exports across the continent. High gas storage levels, which…
Environment minister urges termination of gas extraction project off the German North Sea Island
According to sources in the daily Neuen Osnabrücker Zeitung, the German environment minister has requested that plans for gas extraction be shelved in the area surrounding the northwestern island of Borkum. Beginning around the end of the year 2024, the…
Germany’s €99 billion energy support program’s final details
The German government reached an agreement on the final specifics of its flagship energy support program, which will lower energy costs for individuals and businesses and will be financed by a tax on energy companies’ windfall profits. EU nations expressed…