Ukraine, likely named after the Slavic word for “borderland,” has long been a crossroads for peoples, civilisations, trade — and military invasions. As Russia amasses its troops at the Russia-Ukraine border, energy is the latest resource to become weaponised. Russia supplies about 40 per cent of the European Union’s natural …
Read More »Nord Stream 2: Russia-Germany Gas Pipeline Becomes a Geopolitical Lever
The crisis surrounding Ukraine has been a harsh reminder to Europeans of just how dependent they are on Russian energy supplies. While the European Union weighs its options for a united and robust response to Russia if Vladimir Putin decides to invade Ukraine, the bloc is feeling a new sense …
Read More »The Era of Cheap Renewables Grinds to a Halt
The continual decline in production cost for wind, solar, and EV batteries was touted as the driver of their growing adoption and ultimate takeover of the global grid. Up until two years ago, there was no other scenario on the table—even though inflation was as much a reality then as …
Read More »Renewable Energy to Reduce Electricity Generation from Natural Gas
In the EIA’s January Short-Term Energy Outlook (STEO), it is forecasted that rising electricity generation from renewable energy resources such as solar and wind will reduce generation from fossil fuel-fired power plants over the next two years. The forecast share of generation for US non-hydropower renewable sources, including solar and …
Read More »The Year Europe’s Big Oil Companies Start to become Small Oil
Europe’s Big Oil companies are planning to spend their windfall from high energy prices on becoming Small Oil. Surging oil and gas prices in 2021 delivered billions of dollars in profits to top oil companies, in stark contrast to the previous year when energy prices collapsed as the coronavirus pandemic …
Read More »TAPI Pipeline still in Doldrums after 30 Years
The major TAPI gas pipeline project – for Turkmenistan-Afghanistan-Pakistan-India – has not been completed despite the fact that it was kicked off decades. During this time Afghanistan has seen the collapse and establishment of various governments. TAPI is considered one of the major development projects in the region. After Turkmenistan …
Read More »Japan’s Energy Dilemma: How to Achieve Security alongside Decarbonization
The COP26 climate talks in Glasgow, Scotland, held through mid-November, provided a stage for fierce fights between the United Kingdom and other European nations and emerging economies and coal-reliant nations over the phaseout of coal power by 2040. Although Japan was also under strong pressure to make a commitment to …
Read More »China to Remain Renewable Energy Leader with Strong Capacity Growth in 2022, despite Subsidies Phase-Out
China will continue to be the global leader in renewable energy capacity growth over the next five years, despite phasing out renewable subsidies and the country’s heavy reliance on coal, which will remain unchanged in 2022, according to analysts. The global renewable energy sector saw strong growth in the past …
Read More »China’s Artificial Sun Hits New High in Clean Energy Boost
China has made a new breakthrough in its quest for clean fusion energy, as one of its “artificial suns” set a new record in sustained high temperatures, according to state media. The Experimental Advanced Superconducting Tokamak (EAST), a nuclear fusion reactor research facility, ran at 70 million degrees Celsius for …
Read More »The World Energy Balance is Changing before Our Eyes
On winter’s eve, Europe found itself in an unprecedented energy crisis. The oversupply of fuel observed over the past two years, leading to lower prices, was quickly replaced by an unparalleled shortage which shocked the continent’s electricity production and hit the lives of ordinary citizens. The energy crisis that gripped …
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