2022-06-17 13:20:00
EUROPEAN SOLAR UP
BLOOMBERG - June 16, 2022 - Europe’s biggest economies are seeing near-record amounts of solar power as a heat wave spreads across the southwest of the continent, boosting demand for electricity to keep people cool.
Solar met almost a quarter of all energy demand in five of Europe’s biggest power markets on Wednesday. The surge in electricity supply did little to ease rising prices that are being driven higher by climbing gas costs as Russia cuts some flows to Europe. Europeans are turning up the air conditioning to deal with rising temperatures which reached 39 degrees Celsius (102 Fahrenheit) in Madrid.
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Earlier:
2022, June, 15, 14:20:00
EUROPE AGAINST NUCLEAR
There has been a split within the European Union over whether or not nuclear power - and natural gas - should be included as being "sustainable". Nuclear energy was left out of the initial Delegated Act pending further assessment.
2022, June, 1, 10:50:00
EUROPEAN BAN ON RUSSIAN OIL
First proposed on May 4, the EU's sixth sanctions package against Russia was designed to ban its crude imports into the bloc within six months and halt flows of its oil products by the year-end to help hit Moscow's oil revenues.
2022, June, 1, 10:30:00
EUROPE ISN'T WITHOUT COAL
The war in Ukraine has triggered a scramble among some countries to buy more non-Russian fossil fuels and burn coal to cut their reliance on Russian supplies.
2022, May, 30, 11:35:00
EUROPEAN ENERGY DEADLOCK
The European Union proposed banning seaborne oil from Russia while delaying restrictions on imports from a key pipeline
2022, May, 25, 11:15:00
EUROPEAN GAS AMBITIONS
As a result, short-term gas prices in Britain, France and Spain have tumbled to as little as a third of those in markets including the Netherlands and Germany,
2022, May, 25, 10:55:00
EUROPEAN GAS OBLIGATIONS
EU Member States consumed approximatively 400 bcm of gas in 2020 (25% of the EU's primary energy consumption), and they possess a combined gas storage capacity of about 105 bcm (as of 2020).
2022, May, 19, 13:50:00
EUROPEAN ENERGY SUICIDE
Saying no to Russian energy means that Europe will systemically and for the long term become the world’s most costly region for energy resources.
