In Germany and elsewhere, leaders are growing more confident that months of work to stockpile and line up alternate energy sources may help them blunt Russia’s weaponization of exports.
Tag: Natural Gas
E.U. Weighs Russian Gas Price Cap Amid ‘Astronomic’ Energy Prices
The bloc is also considering mandatory cuts in electricity use and taxes on oil and gas companies.
Breaking Taboo, Germany Extends Life of 2 Nuclear Reactors
The step is intended to cushion a growing energy crisis in Europe but could upend the country’s plans to become the first industrial power to shutter its program.
Europe’s Leaders Vow Economic Relief, Fearing Unrest
Germany, Sweden and the Czech Republic announced measures to populations feeling the bite of rising inflation and energy costs tied to war in Ukraine.
E.U. Says It Can Endure Winter Without Russian Gas Supply
The European Union economy minister said the bloc was “well prepared” to resist efforts by Moscow to disrupt its energy supply.
Hawaii Closes Its Last Coal-Fired Power Plant
A state law bans the use of coal for energy production beginning next year.
Will a Renewed Iran Nuclear Deal Cut Energy Prices?
A successful deal to restrain Iran’s nuclear program would mean that Washington lifts tough sanctions on Iran’s oil and gas exports. But it may already be too late for that to help this winter.
How German Companies Are Staring Down Putin’s Threat to Cut Off Gas
Industrial producers across Germany are coming up with unique ways to cut their dependence on natural gas as Russia’s war in Ukraine keeps prices high.
U.K. Energy Price Cap to Rise 80%, Regulator Says
A regulator detailed the latest increase in gas and electric charges, driven up by the war in Ukraine and expected to further stoke inflation.
Russia’s Gazprom Announces Another Halt to Germany’s Gas Flow
A three-day shutdown of the Nord Stream pipeline, which the company attributed to repairs, is likely to cause jitters in Europe’s largest economy.