Data highlight slow transition to clean energy despite big increase in renewables generation
Rise highlights continuing market unease despite close to record levels of storage
Central and eastern member states say expensive transit tax is damaging energy diversification efforts
Wagers on rising prices point to concerns over potential supply disruptions
Naftogaz chief executives highlights air strikes targeting natural gas tanks used by European countries
The bloc has avoided an energy crisis, but the short-term solutions could harm competitiveness and the green transition down the line
Expected 0.3% expansion for 2024 comes as energy prices and inflation continue to fall from record highs
Also in this newsletter: IMF warns EU off ‘subsidy race’, Apple under pressure from China, science round-up
Warning comes as Nordic and Baltic countries seek total ban on imports of the fuel from Moscow
Intervention comes as EU leaders prepare to debate bloc’s economic competitiveness
Markus Krebber says there will be ‘significant structural demand destruction’ in energy-intensive sectors
Energy dependency turns out not to have been as effective a weapon as Putin thought
Analysts say region may hit replenished capacity targets by summer
Falling capacity pushes up premiums for diesel ahead of crude
This year’s ranking highlights businesses that have achieved rapid revenue rises while grappling with the effects of Covid-19, war, and an energy crisis
Regional benchmark trades at lowest rate since Russia began curtailing supplies to Europe in 2021
Typical household will pay £1,690 a year, still well above levels before energy crisis
Austria, Czech Republic, Hungary and Slovakia say Berlin levy could increase ‘geopolitical dependency’ on Moscow
Analysts forecast regulator will cut level by 15% to £1,635 for second quarter in boost to efforts to curb inflation
Energy watchdog notes ‘unusually wide range of uncertainty’ in its forecasts for this year
Growing popular anger is increasing government tensions and boosting support for far-right AfD
Imports of the gas helped Europe avert full-blown energy crisis after invasion of Ukraine
Country’s LNG exports to Europe decreased slightly in 2023 compared with previous year
War-torn country’s tanks enable continent to keep its own facilities close to capacity
Agreement will give Europe’s biggest economy enough gas to cover a third of its industrial demand
International Edition