[ad_1] ermany’s emissions fell by 11% in 2023 compared with 2022. Here’s why it’s not all good news. ADVERTISEMENT Germany’s greenhouse gas emissions fell to a 70-year low in 2023,…
Tag: Europe's energy crisis
EU extends price cap on gas until January 2025
[ad_1] Energy ministers of the European Union decided on Tuesday to extend the cap on gas prices until January 2025. ADVERTISEMENT The price cap, which has never been activated, was…
France prices fall in November as inflation eases in the energy sector
[ad_1] French inflation numbers for November came in lower than expected following a slower rise in energy and service sector prices. ADVERTISEMENT France’s year-on-year November inflation print was released on…
Brussels prolongs subsidies for struggling EU firms until June 2024
[ad_1] The European Commission has decided to extend until June 2024 two extraordinary measures that make it easier for member states to support companies affected by persistently high energy prices.…
How is the weather affecting natural gas prices in Europe?
[ad_1] Natural gas prices in Europe rose 15% in October and touched an eight month high last week as the cooler weather, in addition to other fundamentals, supported the commodity.…
Austria considers new contract for Russian gas
[ad_1] It is uncertain whether Austria will be able to use the Ukrainian pipeline on its own from 2025. The European Union has repeatedly criticised the Alpine republic for depending…
Solar, Russian gas and the future: Key takeaways from annual EU report
[ad_1] The State of the Energy Union report is released annually by the European Commission. ADVERTISEMENT Solar and offshore wind are soaring in Europe and the EU is on track…
Russia’s Gazprom to increase gas supplies to Hungary
[ad_1] Gazprom’s CEO Alexey Miller says his company will send more gas to Hungary this winter, despite EU attempts to reduce reliance on Russian energy. ADVERTISEMENT The comments were made…
France: €1.7 billion investment on uranium to cut ties with Russia
[ad_1] French nuclear energy company Orano is investing €1.7 billion to increase its uranium-enrichment capacity and reduce dependency on Russia. ADVERTISEMENT On Thursday, Orano’s board approved a 30% production capacity…
France and Germany do battle over EU power market reform
[ad_1] As European energy ministers gear up to meet on 17 October, France and Germany struggle to find a compromise. ADVERTISEMENT Despite record temperatures this October, Europe is slowly shifting…