Russia’s unjustified and unprovoked invasion of Ukraine and the weaponisation of energy have made diversification of energy supplies a necessity for EU countries. Diversification is a lengthy and costly process, requiring investment in infrastructure, for example building new pipelines and liquefied natural gas (LNG) terminals. However, the EU and its countries are acting fast. Reducing […]
In 2022, hard coal for the first time was overtaken by solar energy in electricity generation in the EU. The proportion of solar energy in the EU’s total electricity production was 210 249 GWh compared with 205 693 GWh for hard coal. Poland and Czechia are the only two remaining producers of hard coal in the EU, […]
The price of gas continues to rise on the markets, both in Romania, one of the few significant producers in the EU, and in Europe. Romania exports gas online and continues to fill its storages. The price of natural gas traded today, August 12, at the Romanian Commodity Exchange (BRM) with delivery on August 13 […]
The European Commission has announced today that three more projects have obtained the status required to be part of the List of Renewable Energy Cross-border Projects (CB RES list) under the Connecting Europe Facility for Energy (CEF Energy). The list, launched for the first time in August 2022 and updated in September 2023, has now […]
The European Commission has approved a €1.5 billion French scheme to support the production of sustainable biomethane to foster the transition towards a net-zero economy. The scheme was approved under the State aid Temporary Crisis and Transition Framework (‘TCTF’) adopted by the Commission on 9 March 2023 and amended on 20 November 2023 and on […]
In its regular package of infringement decisions, the European Commission pursues legal action against Member States for failing to comply with their obligations under EU law. These decisions, covering various sectors and EU policy areas, aim to ensure the proper application of EU law for the benefit of citizens and businesses. In the list of […]
The European Union (EU) targets a ban on Russian fuel imports by 2027. However, nearly half of Russia’s pipeline gas supplies to Europe and Moldova are still passing through Ukraine, totaling 13.7 billion cubic meters (Bcm) in 2023. As the EU discusses the possibility of involving Azerbaijan in a future transit deal, the current five-year […]
Turkey wants to increase its gas exports to the EU if the EU bloc guarantees it a certain demandTurkey is ready to sell more natural gas to the European Union, but wants long-term commitments that justify the necessary investments in infrastructure, the Turkish Minister of Energy, Alparslan Bayraktar, in an interview for Bloomberg, taken over […]
In 2023, according to preliminary data, the EU’s natural gas supply decreased to 12.8 million terajoules (TJ), a 7.4% decline compared with 2022, marking the lowest value since 1995. Even sharper decreases were registered for coal: brown coal supply decreased by 24.2% to 222 840 million tonnes, and hard coal supply dropped by 20.4% to 130 437 […]
The ambassadors of the 27 EU member countries approved on Thursday a new “substantial” package of sanctions against Russia in connection with the war in Ukraine, the Belgian Presidency of the Council of the European Union announced, reports AFP and Reuters, informs Agerpres. The package “provides new targeted measures and strengthens the impact of existing […]
Four countries from Central Europe have intensified their pressure on Brussels, so that the Community Executive takes measures against the tariffs charged by Germany for cross-border transactions with gas, which in the opinion of the four countries undermines their energy security, according to a document consulted by Reuters, writes Agerpres. This tariff is a legacy […]
The EU’s demand for natural gas has been declining for 2 consecutive years. After a 13.3% yearly decrease in 2022, demand fell by another 7.4% in 2023, totalling 12.72 million terajoules in 2023. This also marks the lowest demand recorded since the collection of monthly cumulated data began in 2008. This reduction has been affected […]
Since the beginning of Russia’s aggression against Ukraine, Europe and its allies have sought ways to reduce Moscow’s fossil fuel revenues without causing higher energy costs for its own citizens. The latest plan: to ban the use of European Union ports for the re-export of liquefied natural gas (LNG), Bloomberg reports in an analysis that […]
The European Union said Monday that it will close probes into bids by Chinese firms for a Romanian solar park, because the companies are pulling out of the tender. Potential bidders – including the German subsidiary of LONGi Green Energy Technology Co Ltd, one of the world’s largest solar panel makers – later indicated they […]
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