Akuo’s Scotto: Power prices can only be tamed with renewables, storage
Eric Scotto from Akuo Energy said renewables are the only option for easing power price volatility and stressed that storage is essential
EU fails to agree price cap on Russian gas
EU energy ministers achieved little progress with regard to plans for a price cap on Russian gas
Grid stress test: Germany intends to extend operation of two nuclear plants
After performing a stress test, the German government now wants to keep two reactors in reserve this winter instead of closing them
Natural gas, electricity prices soar 30% on Nord Stream 1 shutdown
Gazprom said it would keep the Nord Stream 1 pipeline offline right after the G7 agreed to cap the price of Russian oil
Albania, Serbia sign memorandum to cooperate in energy, mining sectors
The memorandum of cooperation between the two countries was signed at a summit of the Open Balkan initiative in Belgrade
France offers citizens EUR 4,000 grants to switch from cars to bikes
France is offering incentives of up to EUR 4,000 to citizens who want to switch their cars for electric bicycles
Energy Community to adopt 2030 energy, climate targets in December
The adoption of the targets is essential to put the contracting parties on a path towards achieving climate neutrality
German firms reduce, halt production over high energy prices
The halting of production because of the high energy prices is seen by the German government as an alarming situation
