German CO2 reductions halt as oil and coal use offset renewable energy increases

Due to rising energy prices, mild weather, and a government plea to residents to preserve energy in light of an unexpected decline in Russian gas shipments, Germany’s energy consumption in 2022 fell by 4.7% year-on-year to the lowest level since…

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…

Smart electric vehicle charging could encourage the use of renewable energy

The adoption of renewable energy sources, the need for backup capacity, and the costs associated with CO2 emission reduction are all taken into account in this study. The study examines three distinct charging methods that, from low to high flexibility,…

Renewable energy will be the economic foundation of an independent Scotland
According to Energy Secretary Michael Matheson, being an independent nation would offer Scotland the authority and negotiating leverage it needs to reshape the energy industry and contribute to the delivery of a more robust, cost-effective supply. During European Hydrogen Week,…
New power generation methods emerge as a result of consumer demand
When global confrontation reaches alarming proportions and the international community has not yet fully weathered the economic implications of the coronavirus pandemic, advances in science and technology are unstoppable. The ruling classes of these countries now realize that only by…
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…
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…
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…
The Global Movement Towards Renewable Energy Is Remaining Strong
Renewable energy is the energy of the future. This remark may sound absurd, yet it is becoming increasingly plausible. Increasing numbers of individuals favor renewable energy over fossil fuels. Several factors are accelerating the global switch to clean energy, causing…
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…