Energy Transition

Latvia, together with Estonia, must build its own nuclear power plant, Latvian Defense Minister Artis Pabriks tweeted. In the minister’s opinion, in the future Latvian energy should be based on three sources – wind, sun and nuclear power. According to Pabriks, the nuclear power plant should be built together with the Estonians, and specialists and …

Latvia, Estonia Need to Support Project for Construction of Nuclear Power Plant Read More »

The Speaker of the Senate of Romania and leader of the National Liberal Party Florin Chitu said that Romania would reopen the energy complexes “Oltenia” and “Hunedoara” to resume electricity production from coal in the current energy crisis, local media reported. “The Prime Minister met yesterday with representatives of the Oltenia and Hunedoara energy complexes …

Romania to Resume Coal-Fired Power Generation Read More »

On the same day that reports surfaced of Russian soldiers hitting civilian targets in Ukraine, the European Commission launched a plan to defund Vladimir Putin’s administration through a major commercial relationship. More over 40% of the EU’s gas supply originate from Russia, with central and eastern member nations being the most reliant. Officials stated that …

EU Wants Member States to Switch from Russian Gas to Renewables Read More »

Serbian Minister of Mining and Energy of Serbia, Zorana Mihajlovic, and the head of the European Union Delegation to Serbia, Emanuele Giaufret, recently discussed energy security and gas diversification, local media reported. “This is a challenging time for all of us. We need to continue working to improve Serbia’s energy security, especially in the gas …

Serbia, EU Discuss Energy Security and Diversification Read More »

Elon Musk has urged for an increase in Europe’s nuclear energy output, citing concerns about a gas scarcity as a result of Russia’s invasion of Ukraine. On Sunday evening, Musk tweeted that it is “extremely obvious” that Europe should reactivate dormant nuclear power reactors and increase the production of those that are active. “This is …

Elon Musk Calls for More Nuclear Energy in Europe Amid Gas Crisis Read More »

The price of gas and oil has reached a record high on the world’s stock markets. Since the start of the military conflict between Russia and Ukraine, the price of natural gas from Russia has risen by almost 60 percent. The high price of energy further aggravates the energy crisis, as price growth puts strong …

Will the War in Ukraine Slow Down the Energy Transition in the EU? Read More »

Mining billionaire Andrew Forrest continues his commitment to turn Australia into a world-class green energy titan by announcing the construction of the largest solar, wind, and battery center in the Southern Hemisphere. Forrest-owned Squadron Energy Orders has been awarded contracts to immediately begin construction on the $2.2 billion Clarke Creek energy hub in northeast Queensland. …

Australian Billionaire Opens Southern Hemisphere’s Largest Renewable Energy Hub Read More »

Clean energy had a record-breaking year in the United States, but unless policies change dramatically, oil and gas will continue to dominate the US energy industry for the next three decades, according to two new energy reports issued these days, The Verge reports. According to the Energy Information Administration’s (EIA) annual energy outlook, the United …

Despite Clean Energy Records in US in 2021, it Still Lags Far Behind Oil and Gas Read More »

By 2026, the volume of solar photovoltaic stations in Uzbekistan will increase up to 4,000 MW, wind power plants also up to 4,000 MW. Uzbekistan’s total capacity of hydroelectric power plants will reach 2,920 MW, the country’s energy ministry said, local media reported. Uzbek authorities have also developed a concept for the country’s energy transition. …

Uzbekistan Plans to Fully Transition to Renewables by 2050 Read More »

The recent jump in crude oil prices beyond $100 per barrel has highlighted an important question: Will this current surge in the famously volatile oil market assist to accelerate the global transition away from fossil fuels and toward cleaner energy sources in order to combat climate change? The answer is most likely no, according to …

Why $100 Oil May Harm Rather than Aid the Energy Transition Read More »