TAG: Energy supply
Merry Christmas! Now, when is payday?
It’s the most expensive — sorry, wonderful! — time of the year, so we decided to do a thorough and i...
8 months ago
Former Tory energy minister quits as MP over Sunak’s ‘harmful’ push for new oil and gas
The former energy minister who signed the U.K.’s 2050 net-zero target into law has quit the Conserva...
8 months ago
EU mulls ‘Industrial’ twin for Green Deal as election pressure bites
BRUSSELS — Move over Green Deal, there’s a new buzzword in town — and just in time for the EU electi...
8 months ago
Europe’s new energy risk: Trading Russia for America
On cloudy days, from his house John Beard can see the fireballs lighting up the dark sky, flares from the distant fossil fuel plants where he once made his living as a technician.The fiery discharge of excess gas is a constant reminder of the industry tha...
6 months ago
EU rebuffs solar pleas as sector goes broke, document shows
BRUSSELS — Goodbye and goodnight.That’s the European Union's veiled message to its dying solar manufacturers in a draft declaration seen by POLITICO. Chinese mass manufacturing has brought Europe's solar makers to their knees and had prompted them to turn...
6 months ago
Putin bombards Ukraine but US tells Kyiv to stop targeting Russian oil
KYIV — Russia launched a huge barrage of missiles and drones at Ukraine’s energy infrastructure overnight, leaving several cities without electricity and damaging the Dnipro hydropower plant, Ukraine's biggest dam.Ukrainian President Volodymyr Zelenskyy s...
6 months ago
Help us build wind farms to beat Russian bombs, Ukraine tells EU
Building more green energy plants will help Ukraine keep the lights on as Russia bombards the country's power system, the head of the country’s largest private energy firm told POLITICO. But Ukraine needs the EU to do that.In an interview, DTEK CEO Maksym...
6 months ago
France talks tough on Ukraine while gobbling up more Russian gas
BRUSSELS — Put your money where your mouth is.Such grumbling is percolating across Europe as new data reveals France quietly ramping up gas payments to Russia just as President Emmanuel Macron loudly positions himself as one of Ukraine’s staunchest defend...
6 months ago
EU gears up to sue Germany if it doesn’t change divisive gas tax
BRUSSELS — The EU will haul Germany to court unless the country revises a controversial gas law that neighboring countries say is harming their efforts to diversify away from Russian energy, a senior European Commission official told POLITICO.Germany adop...
6 months ago
Fossil fuel giant Norway pitches itself as Europe’s ideal green partner
HANNOVER, Germany — In world politics, just as in life, some partners are more attractive than others. In its bid to diversify away from China in the race for green technologies and raw materials — all while guaranteeing a stable energy supply — the Europ...
5 months ago
EU weighs sanctions on Russian liquefied natural gas
The European Commission is considering sanctions against Russian liquefied natural gas (LNG), according to two EU diplomats, a move that would mark the first time Brussels has dared to go after Moscow's gas sector.The Commission, the EU's executive, is cu...
5 months ago
EU finally ready to bring down Russia’s gas empire … sort of
For the first time since Moscow launched its full-scale attack on Ukraine more than two years ago, the EU is expected to aim its sanction bazooka at Russia’s lucrative gas sector.But the proposals on the table would only touch a fraction of the billions M...
5 months ago
Poland’s Tusk guns for former oil company chief
WARSAW — Polish Prime Minister Donald Tusk opened fire Monday against the former CEO of state oil company PKN-Orlen, accusing him of losing 1.6 billion złoty (€370 million) in a botched energy deal and calling for an investigation.“Poles must know the tru...
5 months ago
Slovakia proposes ‘technical solution’ to unblock Russian oil supplies
Slovakia's government offered a solution to Ukraine on Friday to restore blocked Russian oil supplies to Slovak and Hungarian refineries.Both Slovakia and Hungary have been affected by Ukraine imposing sanctions on Russian oil company Lukoil, halting its...
2 months ago