Επιλεγμένες Ειδήσεις από New Europe

Of Nord Stream II and Transatlantic Esteem, Too

Of Nord Stream II and Transatlantic Esteem, Too

The topic of Nord Stream II is very timely as the project’s completion coincides with the waning of the so-called “Golden Age of Gas”. From the wider geopolitical and geo-economic perspective, it is helpful to remind ourselves that the current polarization surrounding the mega-project is not very helpful. The question at hand is: Are we having the right conversation about North Stream II?

Europe Halfway to Closing all of its Coal Power Plants by 2030

Europe Halfway to Closing all of its Coal Power Plants by 2030

As of March 23, Europe is halfway to closing all of its coal power plants by 2030, Europe Beyond Coal said, adding that the 162 plant closure announcements required to reach this point have come in the five years since the historic UN Paris Climate Agreement. Europe Beyond Coal’s countdown covers all 324 coal plants operational in Europe as of 1 January 2016.

World Water Day: EU Encourages Sustainable Management of Resources

World Water Day: EU Encourages Sustainable Management of Resources

Access to drinking water and sanitation are basic human needs and rights, and are fundamental for human dignity, EU High Representative/Vice-President Josep Borrell and Environment, Oceans and Fisheries Commissioner Virginijus Sinkevicius said in a joint statement on March 22, adding that water is a shared resource, a critical ecosystem, and its use underpins various sectors of the economy.

Uzbek Energy Minister Sees Low-Carbon Solar, Hydro, Wind Future

Uzbek Energy Minister Sees Low-Carbon Solar, Hydro, Wind Future

Uzbekistan is committed to a low-carbon strategy, improving energy efficiency and increasing the share of renewable energy sources in the Central Asian country’s energy mix, Uzbekistan’s Energy Minister Alisher Sultanov told New Europe in an exclusive interview. “Our country, our government and the Ministry of Energy of Uzbekistan take the issues of low-carbon energy strategy,

Russia’s Gazprom, Shell Ink 5-Year Strategic Deal

Russia’s Gazprom, Shell Ink 5-Year ''Strategic'' Deal

Gazprom and Royal Dutch Shell signed on March 16 an Agreement of Strategic Cooperation for a five-year period, the Russian gas giant said. The signing ceremony was held via a video link in the presence of Gazprom CEO Alexey Miller and Shell CEO Ben van Beurden.

Europe Must Decarbonize 3 Times Faster to Achieve Net Zero Emissions by 2050

Europe Must Decarbonize 3 Times Faster to Achieve Net Zero Emissions by 2050

Europe must deliver decarbonisation at a rate three times faster than what has been achieved to date if it is to achieve its ambition of net zero emissions by 2050, a new report showed. CERRE’s new report on “Electricity and gas coupling in a decarbonised economy” released ahead of the European Commission’s Fit for 55 Package, unveils the outcomes of a unique state-of-the-art energy system optimisation model,

Israel, Cyprus Plan to Share Aphrodite Gas Field, Talk First

Israel, Cyprus Plan to Share Aphrodite Gas Field, Talk First

Israel and Cyprus have reached an understanding over gas reserves in the Mediterranean Sea straddling their maritime border, resolving a long-time dispute over the offshore resources, which could open up the development of Aphrodite gas field. “What Cyprus and Israel have agreed to is a framework on the basis of which the companies can negotiate

Top 5 Fastest-Growing Renewable Energy Sources

Top 5 Fastest-Growing Renewable Energy Sources

Renewable energy sources are important when trying to win the fight against climate change. They allow us to stop relying on fossil fuels for our energy. The UK Government has pledged by 2050 we will have net zero emissions, and renewable energy sources are a way this can be achieved. In 2019, UK emissions were 42% lower than they were in 1990, which proves the introduction of these energy sources is helping. 

From Nuclear to Hydrogen: How the Town Closest to Fukushima Rose from Disaster With a Vision of Renewable Energy in Only 10 Years

From Nuclear to Hydrogen: How the Town Closest to Fukushima Rose from Disaster With a Vision of Renewable Energy in Only 10 Years

March 11, 2011, was a day I shall never forget, a day when the people of Namie in northern Japan lost so much and endured so much. It was a quiet Friday afternoon when the Great East Japan Earthquake struck. As a town official, I was attending a middle school graduation ceremony during the morning. When, that afternoon, the ground shook violently in one of the largest quakes ever to hit our quake-prone country, I knew there was a strong risk of a tsunami and was relieved that all the children were evacuated safely to higher ground.

US, EU Temporarily end Some Tariffs

US, EU Temporarily end Some Tariffs

The US and EU have agreed to a four month suspension of some tariffs that each had previously imposed on one another as punishment for subsidies given to rival aircraft giants, Airbus and Boeing. The mutually-agreed pause aims to kickstart a final trade settlement that will be concluded on more amicable terms.

EU Commission, COP26 President to Intensify Climate Action Cooperation

EU Commission, COP26 President to Intensify Climate Action Cooperation

The European Union will concentrate on translating ambition into action in reducing CO2 emissions and will work with its international partners to fight climate change, EU Energy Commissioner Kadri Simson said after meeting with Alok Sharma, the president of the COP26 climate conference due to be held in Glasgow in November this year.

Commission Not to Stop Nord Stream 2 if Pipeline Complies With EU Law

Commission Not to Stop Nord Stream 2 if Pipeline Complies With EU Law

Despite calls from the European Parliament to stop the Nord Stream-2 gas pipeline from Russia to Germany, the project is subject to national law so the European Commission cannot stop construction of the pipeline as long as Gas Directive complies, DG Energy Director General Ditte Juul Jorgensen said. She added, however, that the Russian-backed project is not supported by the European Union.

Changing Commodities

Changing Commodities

Remember those straightforward days of managing supply and demand? That was the simple way in which we could price all the commodities we needed around the world. Now, however, things seem to be changing, as the old “norms” are being replaced as new factors come into play. We can of course simply divide the commodity world between soft and hard commodities, but increasingly we are seeing new pressures on their pricing, which previous specialists have not had to take into account. These changes could be a result of climate change,