Vladimir Putin likely sees the global energy shortage and lack of energy security as an opportunity to advance Russia’s interests in Ukraine, knowing that Europe has no other choice than to buy their petroleum.

A viable renewable energy backstop to oil & gas production does not now exist to guarantee Americans cost-effective, reliable, and 24/7 energy availability

Up until now, Europe has not announced an energy emergency plan. However, the latest figures show that Europe's gas storage capacity is only 26% full.

The Ministry of Energy and Environment plans to double lignite production and to review its phase-out plan for lignite-fired power plants.

Turkey and the UAE have promising investment environments that offer many opportunities for investors and businesses, underscoring their aspirations to strengthen their economic partnership to establish a new era of sustainable growth.

According to the Turkiye Climate Change Perception Report, 79% of the participants see renewable energy as a good opportunity for economic development and 75% of them favor renewables for increasing the country's exports.

Turkey produced 203,069 megawatt-hours (MWh) of electricity from wind farms on Saturday, according to data provided by TEIAŞ.

According to data compiled by the U.S. Bureau of Economic Analysis, the Consumer Price Index (CPI) for ‘Energy’ in February 2022 was 25.6% higher than in February 2021, which is more than triple the increase of the CPI for ‘All Items,’ which was 7.9% higher over the same period.

Tim Holt highlighted the Middle East's role in providing fuels like green hydrogen to countries like Germany, where it would be an important step in its energy diversification, as it would benefit from taking hydrogen from countries in the world that have the right conditions at lower cost to produce it.

China will pursue its strategy to reduce the share of coal in its energy consumption, aiming to reach 17.3% of non-fossil energies in its total energy consumption in 2022, up from 16% in 2020.