Energy Crisis

EU to allow Western Balkans to take part in joint gas purchases

EU to allow Western Balkans to take part in joint gas purchases

29 March 2022 - Western Balkan countries will be able to join the European Union's platform for voluntary joint purchasing of gas and hydrogen.

US additional 15 billion cubic meters gas EU this year LNG

US to secure additional 15 billion cubic meters of gas for EU this year with LNG

25 March 2022 - The US said it would strive to ensure, with international partners, added LNG volumes for the EU of at least 15 billion cubic meters in 2022

Biden promise more LNG EU US lacks spare capacity

Biden may promise more LNG to EU but US lacks spare capacity

24 March 2022 - The US president is expected to commit to extra volumes of LNG for Europe even though the global market is tied up in long-term contracts

EU sanctions against Russia threaten Serbia's oil supply, gas supplies secured

EU sanctions against Russia threaten Serbia’s oil supply; gas deliveries secured

23 March 2022 - The European Union adopted the fourth package of sanctions against Russia due to its military intervention in Ukraine

EU’s push for Persian Gulf LNG set to worsen energy price inflation

EU’s push for Persian Gulf LNG set to worsen energy price inflation

22 March 2022 - The EU wants to replace Russian gas fast, adding upward pressure on prices. Germany is in talks with Qatar for LNG, but so are Asian countries.

Romania caps electricity, gas prices for another 12 months

Romania caps electricity, gas prices for another 12 months

21 March 2022 - The Romanian government expects the measures to apply for 8 million electricity consumers and all gas consumers.

Albania power saving measures lack water hydropower plants

Low water levels paralyze hydropower plants in Albania

21 March 2022 - Albania extended a national holiday for a day as hydropower plants are struggling with a drought and power demand surpassed production

Turkey grant 40 farmers solar power report

Turkey to grant 40% to farmers for solar power systems – report

18 March 2022 - The Turkish government will launch a support scheme for farmers who want to install solar power plants, according to a local media report

Europe switching on coal plants amid energy crisis

Europe switching on coal plants amid energy crisis

11 March 2022 - The European Union is pushing to eliminate domestic demand for Russian fossil fuels, but it implies a reversal in coal plant shutdown plans

repowereu plan to cut dependence on Russian gas price

Price of EU’s plan to cut dependence on Russian gas

09 March 2022 - In the light of the energy transition, it could be a great push for renewables, but also a step back due to the expected increase in the use of coal power plants

EU plan cut demand Russian gas two thirds 2022

EU rolls out plan to cut demand for Russian gas by two thirds in 2022

08 March 2022 - The European Commission outlined a plan to make Europe independent from Russian fossil fuels well before 2030, starting with gas

Londoners paid highest electricity prices in Europe in February

Londoners paid highest electricity prices in Europe in February

07 March 2022 - The highest electricity price is in London, 43 eurocents per kilowatt-hour, and the lowest in Kyiv, 5.4 eurocents.

Timmermans EU countries delay coal phaseout avoid Russian gas

Timmermans: EU countries can delay coal phaseout to avoid Russian gas

07 March 2022 - A delayed coal phaseout in some countries is possible, but green energy deployment must be accelerated, The European Commission's Frans Timmermans says

EU accelerating push to reduce dependence on Russian gas

EU accelerating push to reduce dependence on Russian gas

04 March 2022 - Experts say urgent measures can slash the need for gas in the EU as the European Commission is pushing for a reduction in reliance on Russian gas

Carbon prices in EU fall despite record surge in fossil fuels

Carbon prices in EU fall despite record surge in fossil fuels

03 March 2022 - The cost of carbon dioxide within the European Union's Emissions Trading System touched EUR 55 per ton this week in a sharp selloff

Romania extend energy price cap March 2023 bank loan moratorium

Romania to extend energy price cap until March 2023, proposes bank loan moratorium

02 March 2022 - The government in Bucharest earmarked EUR 2.9 billion for mitigating the impact of electricity and gas price surge on citizens, institutions and firms

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