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…
The German government ponders the optimal design for a new gas tax as household gas costs are projected to triple
Germany's government is searching for methods to minimize the cost explosion for consumers as concerns over the country's increasing gas prices deepen. A new state tax on gas is still being planned by the government for introduction in October, which…
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…
Ten Initiatives To Minimize The EU’s Reliance On Russian Gas
The International Energy Agency has offered the EU with 10 steps to cut its reliance on Russian natural gas within a year without abandoning the European Green Deal's environmental ambitions. The EU will have to walk a tightrope to do…
Gas and nuclear power are still regarded as “green” investments by Brussels
The European Commission believes that both energies are vital for the ecological transition and decarbonization, despite the fact that they are not climate neutral. The European Commission announced on Wednesday that it will continue to classify nuclear energy and gas…
Fury as the EU pushes on with plans to classify gas and nuclear as “green”
The European Commission is facing a strong reaction over proposals to enable gas and nuclear projects to be labeled as "green," with Germany's economics minister leading the campaign against "greenwashing." The EU executive has been accused of attempting to bury…
Despite Putin’s promise to help, Russia has decided not to increase natural gas supply to Europe

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.…

The Indiana Energy Task Force is focusing on small nuclear reactors

Some scientists and lawmakers are drawn to the promise of carbon-free baseload power plants, despite others saying the technology is a hazardous distraction from current options such as wind, solar, and demand response. The recent focus of a legislative task…

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…