The German year-ahead baseload traded as high as Eur197.75/MWh, a new high for the 2023 contract, while year-ahead coal into Europe traded at $230/mt, EEX and ICE exchange data showed.

Novak is Russia's key negotiator in the OPEC+ group, which has resisted calls from consumers to increase production.

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

The new round includes an import ban on coal from Russia worth Eur4 billion/year ($4.38 billion/year) and a ban on Russian vessels and Russian-operated vessels from accessing EU ports, allowing for certain exemptions such as agricultural and food products, humanitarian aid as well as energy.

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.

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.

В условиях постоянно нарастающего внешнего давления со стороны ряда стран российская энергетика работает в стабильном режиме,

Acceleration of the energy transition is essential for long-term energy security, price stability and national resilience.

В условиях постоянно нарастающего внешнего давления со стороны ряда стран российская энергетика работает в стабильном режиме,

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.

Since late February, thermal coal prices have surged globally as traders and end-users seek out potential replacements for Russian fossil fuels.

The sanctions against Russia are the hardest we have seen against any country to date and in particular the decision to freeze $600bn of Russian foreign reserves is a first, which will have huge consequences in the long-term.

The dependence on Russian natural gas in Germany is so great that if supplies from Russia were to be stopped and the remaining quantities of natural gas distributed to Europe, Germany would have to reduce its natural gas consumption in the heating gas sector or in the industrial sector by 100 TWh per year .

Berlin said it will bring down gas usage in power generation by "possibly keeping coal-fired power plants as a security standby for longer."

ТЭК остаётся важной составляющей экономики России, в том числе развития промышленности, производственного и технологического потенциала, и во многом основой благополучия жителей страны