Russia seizes control of Sakhalin gas project, raises stakes with West

President Vladimir Putin has raised the stakes in an economic war with the West with a decree that seizes full control of the Sakhalin-2 gas and oil project, a move that could force out Shell and Japanese investors.
Electricity 01-07-2022

Europe ready for Baltics emergency switch-off from Russian grid

European grid operators are ready to implement immediately a long-term plan to bring the Baltic states, which rely on the Russian grid, into the EU system in the event Moscow cuts them off, three sources familiar with the matter said.

Hungary’s vast geothermal potential – untapped

Hungary sits on a huge geothermal basin and already has district heating infrastructure in place to deliver clean energy to citizens. And despite this, the government is making no effort to take advantage of it, experts say.
Electricity 01-07-2022

Help from Ukraine: Zelenskyy says his country is is now exporting electricity to EU

Ukrainian President Volodymyr Zelenskyy said the launching of power transmissions to Romania was the start of a process that could help Europe reduce its dependence on Russian hydrocarbons.

Slovakia eases EU funds access to boost geothermal energy

With the 2021-2027 budgetary period supporting exploratory drilling, the Slovak government has decided to remove one of the main barriers to geothermal energy development in the country, though the Commission still needs to give its green light.
Electricity 01-07-2022

EU Commission probes Czech state support for new nuclear unit

The European Commission has launched investigations into whether the planned public support for the extension of the Czech Dukovany nuclear plant is in line with EU competition rules.

Draghi’s government to look into resuming domestic gas drilling

The government will discuss whether to resume domestic gas drilling in the following few weeks, Prime Minister Mario Draghi told reporters following the Council of Ministers meeting on Thursday (30 June).

Renewable heating ‘has not yet realised its potential’, EU official says

The European Commission aims to scale up renewables in heating and cooling as a way to phase out Russian gas, although industry sources say there is still much to do to ensure a level playing field with dominant fossil-fuel heating technologies.

‘Please don’t betray us’: Ukrainians call on EU Parliament to reject green label for gas and nuclear

Ukrainian activists and politicians leaders have urged the European Parliament to reject plans to label nuclear and gas as ‘green’ investments, saying this would be a “gift to Putin”.
Global Europe 29-06-2022

EU insurance ban targets Russian oil exports

An EU ban on insuring ships transporting Russian oil could potentially hurt Moscow more than its embargo on the nation's crude, analysts say.
Global Europe 29-06-2022

US talking with India on Russia oil price cap

Talks on agreeing and implementing a price cap on Russian oil exports have begun with large oil consuming countries, including India, and will soon start with smaller consumers in Africa and Latin America, US officials said on Tuesday (28 June).

EU ministers back 40% renewable energy target for 2030

EU ministers provisionally agreed on Monday (27 June) to ensure the share of renewables in the bloc's energy mix reaches 40% by 2030 – despite the fact that the objective is now rendered outdated by new proposals tabled since Russia's invasion of Ukraine. 

EU agrees gas storage rules under shadow of Russian cut-offs

At a meeting overshadowed by the threat of further Russian gas cut-offs, EU energy ministers voted unanimously on Monday (27 June) to adopt a new law ensuring Europe’s gas storage is at least 80% full by November 2022.

Germany and five other EU countries commit to solidarity as blackouts loom

Germany, Austria, Czechia, Hungary, Poland, and Slovakia have signed a memorandum of understanding (MoU) on risk preparedness and solidarity in the electricity sector as the danger of blackouts becomes more realistic in light of the dwindling energy supplies coming from Russia.
Electricity 27-06-2022

Energy transition ‘only possible with a European approach,’ says German TSO

The energy transition can only be implemented efficiently if it is planned and performed jointly at the European level, according to the power grid operator of Germany’s Baden-Württemberg region.

EU countries reach tentative deal on landmark energy savings law

The EU's 27 energy ministers will aim to formalise a tentative deal on the bloc's energy efficiency directive at their meeting on Monday (27 June), opening the door to the first-ever legally binding target to increase energy savings in Europe.
Electricity 27-06-2022

Spain approves anti-crisis package targeting energy companies

The government on Saturday (25 June) approved a new anti-crisis package worth €9.1 billion aimed at reducing the impact of inflation on the most vulnerable and targeting the windfall profits made by big energy companies this year due to the soaring price of gas on global markets.

Dutch cabinet to reveal plans for new nuclear power plants

The Dutch government will reveal plans this week to develop two new nuclear power stations, in what will be “a good addition to all sustainable techniques” in the Netherlands, Climate and Energy Minister Rob Jetten has said.

Fears for EU climate ambition as countries seek to weaken proposals

EU countries are seeking changes to a raft of new and revised climate policies, raising concerns these could be weakened and the EU could miss its 2030 emissions reduction target.

EU plans for life without Russian gas amid inflation spike

EU leaders met on Friday (24 June) to prepare for further cuts in gas supplies from Russia, limit the impact on inflation, and seek alternative supplies.

EU, UK win fossil fuel ‘carve-out’ in Energy Charter Treaty deal

Investments in new fossil fuel projects will no longer enjoy legal protection on EU and UK territory under a deal reached on Friday (24 June) to reform the 1994 Energy Charter Treaty.

Timeline: The gas war between Russia and the West

Natural gas has emerged as a weapon of war between Russia and Europe since Moscow's February 24 invasion of Ukraine. Here is how the standoff developed.

EU, Norway agree to increase gas deliveries as Russian cuts deepen

The European Union and Norway agreed on Thursday (23 June) to cooperate to bring more gas from western Europe's biggest producer to the EU's 27 countries, nearly half of which are now grappling with cuts to Russian gas supplies.

Germany escalates to ‘alert level’ over security of gas supply

The German government has escalated its warning over gas supplies to the “alert level” in accordance with the EU’s security of supply regulation following reduced gas flows from Russia.