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Germany is altering energy plans amid gas concerns

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GERMANY

Berlin has already put in place measures to boost coal-fired generation and is reconsidering its former hard line on nuclear plant closures. Liquefied natural gas (LNG…

Energy costs will squeeze Greek firms’ profitability

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GREECE

During the coming winter months October-March, rising electricity and heating prices will reduce household disposable income, dampening domestic demand. The low profitability of…

Ukraine war threatens European climate goals

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EUROPE

The situation presents a major opportunity to accelerate Europe’s clean energy transition, if the EU can prioritise the roll-out of energy efficiency measures and low-carbon…

United Kingdom will struggle to meet energy plans

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UNITED KINGDOM

The delay underscores division and uncertainty concerning how the United Kingdom will end its imports of Russian energy and fossil fuels more broadly. The report is believed to…

Criticism will mount ahead of the Emirati-hosted COP28

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UAE

The move is the latest of the UAE’s attempts to portray itself as a supporter of action against climate change ahead of its hosting the COP28 global climate summit. Climate change…

Austrian exit from Russian gas is far from assured

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AUSTRIA

Russia's share of Austrian gas imports was cut sharply in the wake of the February 2022 invasion of Ukraine but has now returned to pre-war levels. Austria’s ability to accelerate…

Low energy prices could delay US net exporter shift

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UNITED STATES

The EIA generated a wave of headlines with its projection in January’s Annual Energy Outlook that the United States would likely become a net energy exporter sometime in the…

Moldova seeks closer EU ties due to Ukraine war risks

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MOLDOVA

"Ukraine isn't Russia's only target," he warned. For the moment, Moldovan leaders are downplaying, even publicly ignoring, the existence of military threat. Instead, they are…

Ukraine war will damage South Korea's economic growth

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SOUTH KOREA

It threatens its energy security, creates cost-push inflation due to rising prices of imported commodities and disrupts exports and supply chains. This will slow South Korea's…

Mounting economic problems endanger Moldova stability

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MOLDOVA

Sandu called for "maximum vigilance", although it is unclear when the coup attempt was due to happen. The announcement follows Prime Minister Natalia Gavrilita's surprise…