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Following the end of the Cold War Ukraine was left in limbo. While most of Central Europe became members of the EU and then Nato, Ukraine was still in limbo. The war with Russia has changed all that.
Most growth in global power generation by 2050 will be solar and wind, according to oil supermajor BP’s annual benchmark report, the 2023 Energy Outlook.
Italian PM Giorgia Meloni completed a two-day visit to Algeria on January 24. The visit’s main goal was to consolidate diplomatic and commercial ties and secure a deal for increased gas exports through the TransMed pipeline.
Sofia wants to renegotiate recovery and resilience plan with European Commission after Russia cut off gas deliveries, prompting return to coal.
Global hydrogen production is set to become greener, with patent data suggesting a shift towards a new wave of innovation and scientific development in electrolysis technology.
New green industries could be worth $10.3 trillion to the global economy by 2050, equivalent to 5.2% of global GDP that year, finds a new report by Arup and Oxford Economics.
"The failure to prevent the crisis in Ukraine exposed the limitations of the warning and risk reduction mechanisms used by the EU..."
EU policymakers have provisionally agreed this week to introduce the world’s first carbon border tax in a push to encourage cleaner industrial production globally and protect its domestic industry.
Solar is set to overtake coal as the world’s leading source of power supply by early 2025, the IEA said
The global energy crisis caused by Russia’s full-scale invasion of Ukraine has sped up the green transition, Ukraine Business news reported on December 7.
EU’s foreign policy chief is latest high-level Western official to visit Central Asia.
Kazakhstan is itching to get its lithium out of the ground.
Putin’s war is fundamentally changing the make-up of the world – for the worse. While it is tempting to say the Cold War is back, that is inaccurate: back then two ideologies, communism and capitalism, clashed. Today even Russia is capitalist.
The plan is to turn waters from the Caspian Sea into clean hydrogen for export.
The war in Ukraine has prompted new investment in green hydrogen to reach over $73bn as costs fall, making fossil fuel-produced hydrogen uneconomic as gas prices soar.
Global carbon emissions will peak in 2025 as the world reaches a “historic turning point” and governments pour investment into renewables to counteract the energy crisis that has gripped the world this year.
On 14 September 2022, Ursula von der Leyen, President of the European Commission, announced in her State of the Union speech a set of proposals to mitigate the impact of high energy prices.
Russia is looking to fast-track its pivot to Asia in order to offset the loss of revenues that its energy divorce with the EU is bringing about. But in the best-case scenario, it would take it at least a decade to ramp up gas supplies to Asia.
Rather than exporting natural gas as a raw material, Uzbekistan is investing into deep processing capacity to enable domestic production of fuels, plastics and other products.