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EU bets on green gases and electricity to break away from Russian fossil fuels
Faced with high energy prices and the urgent need to break away from Russian fossil fuels, the European Commission is doubling down on the roll-out of renewables and energy efficiency measures.
read more... 23/03/2022
EU, UK see different paths through transition trilemma
The Russia-Ukraine conflict has prompted European governments to reaffirm their commitment to urgently speeding up their countries' transition to renewable energy and to reassess the role of natural gas in that transition.
read more... 23/03/2022
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Poles urge EU to stick with gas as a transition fuel in district heating
Poland’s largest electricity company, PGE, has asked EU regulators for more time to replace coal with gas in district heating systems, saying gas in Poland is now mostly supplied by countries other than Russia.
read more... 23/03/2022
Daily (22.03.2022): Oil prices surged by 7% on Monday as EU considers Russian crude ban
Oil prices increased sharply on Monday as Europe considers whether to follow America's ban on Russian oil. Brent crude surged by $7.69 or 7.1%, to settle at $115.62 per barrel. U.S. WTI crude settled at $112.12 per barrel, soaring by $7.42 or 7.1%.
read more... 22/03/2022
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Ireland, Lithuania push EU for Russian oil sanctions ahead of Biden meeting
Ireland and Lithuania called for the EU to impose sanctions on Russia's oil trade at a meeting in Brussels on March 21 ahead of talks with US President Joe Biden later in the week.
read more... 22/03/2022