The prospects of green energy have rekindled the flame of interest from German energy firm RWE in Greece’s Public Power Corporation (PPC), first expressed in 2008 with plans for joining forces in the construction of two coal-fired plants with a total output of 1.6 gigawatts.
The Biden administration will “maintain a degree of continuity” on US policy for developing a strong energy market in the Southern and Eastern Mediterranean, according to former assistant secretary of state for energy resources Frank Fannon, who was one of the driving forces behind the Greece-Cyprus-Israel trilateral partnership.
The industry is growing increasingly nervous about European Commission plans to evaluate the safety of radioactive waste handling as an expert report is expected next month on how to classify nuclear energy under the EU’s green finance taxonomy
Greece and Bulgaria advanced the development of three natural gas projects this week that will lessen the two countries’ dependence on Russian gas. Greece’s parliament ratified on January 26 a cooperation agreement on the Interconnector Greece-Bulgaria (IGB) pipeline and the foundation treaty of the EastMed Gas Forum (EMGF) while two days later Bulgaria’s state gas company Bulgartransgaz finalised a deal to take 20% of Greek company Gastrade, which is developing the Alexandroupolis foating LNG
OPEC+ expects global oil demand to rise by 5.6 million barrels per day (bpd) this year—lower estimated growth than OPEC’s assessment of 5.9-million-bpd demand increase from less than three weeks ago, according to the group’s Joint Technical Committee (JTC), which met via videoconference on Tuesday
Our rush to start exploratory contacts is striking. Political romanticism, intense external pressures or electoral purposes are the only explanations as to why Greece, after all it has endured and continues to endure daily, instead of reversing pressures and taking full advantage of the available strategic window, prefers to concede the advantage to a cornered Recep Tayyip Erdogan.
by Jessica Jaganathan, Benjamin Mallet, Dmitry Zhdannikov
Global energy majors including Royal Dutch Shell and Total are expected to benefit most from January’s gas price spike, beating rival trading houses and non-integrated producers thanks to their access to multiple sources of the fuel.
What happens to a floating PV system located in cold climates during freezing temperatures? How is the plant handled and which kind of risks could be associated with these unfavorable climatic conditions? We have sought to answer these questions with the help of Kane Wang, manager of Sungrow Floating’s system solution department.
The Greek-Turkish relations are arguably at their worst since 1974. It is, therefore, very important to understand this dangerous dispute and the importance of the United Nations Convention on the Law of the Sea (UNCLOS). In 1967, Malta’s ambassador to the United Nations, A. Pardo, called for the convening of an international conference to devise a new law of the seas. Fifteen years later, on December 10, 1982, nearly 120 countries signed the new UNCLOS.
Carbon capture, utilization, and storage (CCUS) technology is being hailed as an indispensable part of the energy transition. Net-zero emissions “will be virtually impossible without CCUS,” says the International Energy Agency (IEA), while start-ups and Big Oil are looking to create a market for carbon capture to tackle climate change
While the oil industry is moving in the right direction with a number of refinery closures announced since October, more closures are likely needed, as the global oil demand to reach pre-Covid-19 levels by 2023, said the Bank of America (BofA) in a new report
A consortium of scientists and companies led by the Delft University of Technology (TU Delft) has demonstrated the technical and economical feasibility of solar-powered heating of buildings in a given neighborhood, without the need for an external heat source
The European Green Deal is an unprecedented package of legislative measures aimed at making the EU climate neutral in 2050. It is said that the Green Deal will change the EU as substantially as the creation of the single market back in the early nineties. The stakes are surely high: Climate change is one of the global challenges of this century and the clock is ticking to find and deploy technological solutions to address it
JP Morgan. Citi. Morgan Stanley. Goldman Sachs. All of these banks have announced they will no longer finance oil and gas drilling projects in the Arctic, virtue signaling to environmental groups that have been pressing for the suspension of Arctic drilling altogether
A push for clean energy to cut bills and greenhouse gas emissions is putting the future of natural gas production and consumption in Australia under pressure, argue Madeline Taylor and Susan M Park
Frank van Mierlo, the CEO of 1366 Technologies, is a betting man. And he’s betting your humble narrator that high-efficiency tandem solar cells are the near-term commercial future of solar
In the previous period, Chinese economic activity in the Western Balkans has been predominantly linked with infrastructure and energy projects. While this cooperation is often criticized from the geopolitical and geostrategic points of view, due to the increasing polarization between the US and China, as well as the EU and China, but also for clandestine deal-making
As newly formed PipeChina starts opening access to China’s gas infrastructure this month, a group of firms outside China’s national energy champions are set to become significant importers of liquefied natural gas, giving a welcome boost to weak global energy demand
Egypt has witnessed, throughout history, many challenges and conflicts that have hampered its development path, and it has overcome these challenges to cope with regional and international developments, taking advantage of its unique geographical location. What Egypt has gone through from 2011 and until now is clear evidence of this. After many economic problems accumulated, a new vision emerged to solve them starting 2013.
On September 22, Greece and Turkey announced that they would engage in exploratory talks. Turkish President Recep Tayyip Erdogan is unlikely to have seen this particular development as a desirable conclusion to the 35-days crisis in the Eastern Mediterranean for a number of reasons.