Latest news
Tax windfall profits of energy firms to raise money for green investments
The European Commission will propose that EU countries tax profits made from recent gas price spikes and use it to invest in renewable energy and energy-saving renovations, sources familiar with the matter told Reuters on Monday (28 February).
read more... 02/03/2022
.jpg)
Italy can cope without Russian gas, explores alternatives
Italy would be able to weather a complete breakdown in gas supplies from Russia in the short-term but that would make following winters more difficult, Prime Minister Mario Draghi said on Tuesday.
read more... 02/03/2022
.jpg)
Denmark resumes construction of Norway-Poland gas link
Construction of the Danish part of Baltic Pipe, which will connect Poland to Norwegian gas fields, is resuming following a 33-month hiatus, Danish grid operator Energinet said on Tuesday.
read more... 02/03/2022
Germany considers keeping nuclear power plants online
Amid the ongoing war in Ukraine, the German government is examining every option to keep the country warm and reduce its energy dependence on Russia. Keeping nuclear power plants online is being reviewed, but it may be unlikely.
read more... 01/03/2022
.jpg)
Poland, Lithuania speed up gas link amid Russia supply worries
A natural gas pipeline called GIPL linking Poland and Lithuania will open on May 1, earlier than the scheduled mid-2022 start, linking the Polish grid with a route to a liquefied natural gas (LNG) terminal in Lithuania.
read more... 01/03/2022