Energy Transition

Green transition: You say crypto-mining becomes pricey?

Energy Transition, Finance & Investment

Expensive gas means not enough cost-effective electricity. As there is not enough cost-effective electricity, crypto-mining becomes pricey. Crypto-miners use powerful computers to solve complex mathematical puzzles to mine new tokens. It is equal to spending a lot of electricity. The math is – more expenses, less gain. Cryptocurrency miners do not use much sustainable energy, …

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EV charging

Electric car? What if you can earn extra by driving one?

Energy Transition, Innovation & Technology

Volkswagen’s charging unit Elli has signed a memorandum of understanding (MoU) with Belgian network operator Elia and one of its start-ups. The MoU is about exploring possibilities for the integration of charging electric vehicles from the power grid. That means, among other, that the customers can earn extra by driving an electric car. Advantages of …

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EU flags fly in a row in front of the European Commission

Greenpeace: EU’s ‘green’ label for gas and nuclear is not green

Energy Transition, Policy

Greenpeace and other environmental activists have started a legal campaign against the European Commission (EC). EC decided natural gas and nuclear energy to include in the EU’s list of “green” investments. Activists claim the European Union (EU) violated its own climate laws by declaring gas and nuclear energy green. Campaigners point at the data about …

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Nigerian pipelines are subject to theft and vandalism

Portugal could face an LNG shortage if gas theft in Nigeria continues

Energy Transition, Policy

Portugal could face LNG supply problems this winter. This is due to the possibility Nigeria to not deliver the liquefied natural gas (LNG) as agreed. European Union countries are looking for alternatives to the previous supplies of Russian gas, now under EU sanctions because of the invasion of Ukraine. This European Union country has stocked …

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Oil refineries in Africa produce emissions causing climate change

Africa must develop by controlling emissions: Not repeat the mistakes done

Climate Change, Energy Transition, Policy

Investing in long-term gas projects in Africa might help the African economy, but controlling emissions should be in the first place. Taping recently discovered oil and gas reservoirs in some African regions should be cautious. The countries on the continent should continue to develop and promote clean energy usage. This was the message of the …

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Ireland has begun construction of the giant Shannonbridge B battery, which will keep the entire country's electricity supply in the event of a power outage, local media reported.

Ireland To Build Giant Battery That Can Support Its Electricity Network

Energy Transition

Ireland has begun construction of the giant Shannonbridge B battery, which will keep the entire country’s electricity supply in the event of a power outage, local media reported. The high-tech project worth 130 million euros was jointly developed by Lumcloon Energy (Ireland) and Hanwha Energy (Korea). For the first time in the world, they will …

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EBRD Ready to Work With Azerbaijan and Expand the Southern Gas Corridor

Energy Transition

There is potential for the expansion of the Southern Gas Corridor and if a decision is made on this, the EBRD would be happpy to cooperate with Azerbaijan, the president of the European Bank for Reconstruction and Development (EBRD) Odile Renault-Basso said during her visit to the country. “Historically, we have had very fruitful cooperation …

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