Tag: energy
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Far-right AfD threatens eastern Germany’s energy transition
Germany’s far-right AfD wants to revive coal and nuclear power and curb non-EU immigration. Businesses in eastern Germany warn that its policies could harm the economy.
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Extreme heat wave threatens U.S. power grids and July 4 travel
The heat wave threatens to overwhelm U.S. grids and may force some to change their plans on one of the busiest travel weeks of the year.
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Saudi Arabia has ramped up oil shipments through the Strait of Hormuz since U.S.-Iran deal
Saudi Arabia is restarting its export logistics in the Persian Gulf after a three-month pause, according to Kpler.
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Nord Stream: Germany’s thwarted dream of energy security
Nord Stream delivered Russian gas directly to Germany via underwater pipelines in the Baltic Sea. When Russia invaded Ukraine, Vladimir Putin cut supplies in response to European sanctions. Not long after, sabotage brought the geopolitical project to a permanent halt.
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Oil prices wobble as breakdown in U.S.-Iran talks casts doubt over peace process
Oil prices were lower on Wednesday after Iran said it would not meet with U.S. delegates for talks in Qatar, amplifying concern about the peace process.
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KKR to control South Korea’s $1.3 billion renewables platform with SK as AI power demand rises
The announcement came after South Korea announced on Monday three massive investment projects, spanning semiconductors, physical AI and AI data centers.
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German startups compete in global race for nuclear fusion
Companies around the world are competing to see who can build the first commercially viable nuclear fusion reactor. German startups are also in the race, supported by major corporations and private investors.
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Oil prices set for steep monthly drop as Trump, Iran issue mixed messages on talks in Qatar
The moves come as oil traders monitor the prospect of U.S.-Iran talks in Doha on Tuesday.
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EV myths muddy the road to electrification
Claims that electric vehicle batteries are tainted by exploitative mineral supply chains are discrediting non-fossil cars as electrified road transport booms.
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Is EU solar energy at risk from a Chinese cyber threat?
The European Union is committed to renewables, but most solar systems come from China. Brussels has warned that this could threaten grid security, and is tightening subsidy rules for solar parks.
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