Kazakhstan’s new parliament could usher in green energy, rare earth investments
Kazakhstan held internationally monitored elections for the Mazhilis, the lower chamber of the Kazakh Parliament, on March 19, following major constitutional reforms, which most...
Energy supply diversification out of Russia’s orbit is a top priority for Bulgaria
Bulgaria intends to diversify its energy resources, including supplying the country’s main refinery in Burgas - the largest in the Balkans - with non-Russian...
Energy-strapped Germany sets ambitious 30 GW offshore wind target by 2030
Germany, which has been struggling to fill its massive energy gap following Russia’s invasion of Ukraine and reduction of natural gas deliveries, is planning...
Georgia, Romania mull Black Sea undersea power cable to supply CEE Europe
Georgia, which is a transit country for oil and gas routes, is spearheading efforts to launch a very ambitious project that would create a corridor for green energy from the Caspian to the Balkans and CEE.
Azerbaijan planning to launch green energy exports to Europe
Azerbaijan, which is already a main exporter of oil and gas, plans to develop its renewable energy potential, especially offshore wind in the Caspian...
A Pan-American electricity grid from Patagonia to Alaska?
Challenges associated with different regulatory frameworks and the comprehensive international treaties that are required could scuttle the project before it gets off the ground.
In Davos, philanthropists back $3 tln initiative for climate & nature
A new global initiative will fund and grow new and existing public, private and philanthropic partnerships to help unlock $3 trillion in financing to reach net zero, reverse nature loss and restore biodiversity by 2050.
Is “cable diplomacy” shaping energy policy in the Mediterranean & Middle East?
The transition towards a carbon neutral economy has become a priority for many governments around the world. Using the UN's 17 Sustainable Development Goals...
UN says ozone layer recovery is on track
UN experts said the ozone layer is on track to recover within four decades, with the global phaseout of ozone-depleting chemicals already benefitting efforts to mitigate climate change.
World better prepared for Russian energy weapon in 2023
China’s demand for energy, the amount of Russian oil that will be cut from global supply will be key factors which will determine where the oil price trades in 2023.
Oil prices shrug off cap as Russia fires back with price floor threat
Oil markets will likely stay volatile in the near term amid uncertainty over the impact on Russian output from the EU's ban, headlines on China's COVID policy and central bank movements in the U.S. and Europe.
BMW tests green hydrogen, but holds steady combustion engines
German auto manufacturer BMW still relies on combustion engines, but the future for cars in cities is electric, according to the company's Vice President Peter Lehnert.
Russia’s invasion of Ukraine highlights fossil fuel dependencies
Every part of the part of Paris Agreement must be followed properly, the Czech Republic’s Deputy Environment Minister Jan Dusik said in comments to NE Global.
New climate finance tools emerging around COP27
To catalyze private capital to accelerate the clean energy transition in developing countries, the US' Special Presidential Envoy for Climate John Kerry, The Rockefeller...
COP27 focuses on climate financing for developing nations
The COP27 U.N. climate summit, which kicked off on November 6 in Egypt, may reach a more concrete agreement this year as various climate...
As its war efforts fail, Moscow works to disable Ukraine’s power grid
Russia’s continued attacks on the energy infrastructure of Ukraine are especially focused on disabling heat generation, diminishing the country’s power supply.
Lula squeaks out a victory in Brazilian runoff
Lula championed himself as a defender of freedom and framed the election as a choice between “democracy and fascism'.
Full speed ahead speed towards digital & green transition in Lisbon
Transport plays a key role in reaching a global carbon-neutral economy, with climate change progressing faster than expected and countries struggling to meet the...
UN meeting searches for water & sustainability solutions
Ahead of the UN 2023 Water Conference scheduled for March 2023, scientists, representatives of the private sector and civil society discussed on October 22...
Erdogan & Putin’s plan to create a gas hub in Turkey is a purely anti-Western political ploy
The initiative would be a significant political move by Ankara and Moscow that directly challenges the West and its support for Ukraine.
Op-Eds & Guest Contributors
Could there be dark days ahead for buyers of solar panels?
A landmark ruling is casting a shadow over Europe’s booming solar industry with manufacturers and buyers of solar panels facing a potential stand-off over...
US discusses energy security, diversification in Turkey, Romania, Bulgaria
The United States discussed joint efforts on European energy security and advanced the clean energy transition in Turkey, Romania and Bulgaria during the visit...
OPEC+’s massive supply cut is a clear win for Russia
The Organization of Petroleum Exporting Counties (OPEC) and its Russia-led allies of oil-producing nations struck a major blow against the West's sanctions against Moscow...
Global Energy Insider
Weaning itself off of Russian energy, the EU looks to Azerbaijan, East Med
As Europe tries to lessen its dependence on Russian energy after the Kremlin's invasion of Ukraine, the EU is turning to Azerbaijan and the...
European Commission says independent authorities must regulate utilities sector
While the EU is negotiating with a number of countries about certain association agreements, New Europe discussed with the European Commission whether it envisions...
Blinken discusses regional security, clean energy in Central Asia
US Secretary Antony Blinken and visiting Kazakh Foreign Minister Mukhtar Tileuberdi discussed cooperation in the Central Asian region and security, the top US diplomat...
REPowerEU strives to end dependence on Russian energy, tackle climate crisis
Responding to the hardships and global energy market disruption caused by Russia's invasion of Ukraine, the European Commission presented on May 18 the REPowerEU...
EU backs industry commitment to boost by tenfold electrolyser manufacturing capacities
EU Internal Market Commissioner Thierry Breton and 20 European electrolyser manufacturers have signed a Joint Declaration in Brussels whereby industry committed to a tenfold...
Citing force majeure from Russia’s invasion, Ukraine turns off gas flow
Ukraine stopped the flow of Russian natural gas to Europe on May 11 through the cross-border Sokhranivka station, blaming Russian-backed separatists of siphoning supplies.Gas...
Central Asian countries boost green energy transition
TASHKENT, Uzbekistan – Kazakhstan’s government has set an ambitious goal of reaching net-zero emission by 2060, planning to gradually reduce its reliance on coal,...
Breaking contract, Russia turns off gas for Bulgaria, Poland
Russian gas monopoly Gazprom said on April 27 Gazprom Export has fully halted gas supplies to Bulgaria’s Bulgargaz and Poland’s PGNiG until the payments...
Turning off Russian gas, Greece-Cyprus-Israel think electric too
The Energy Ministers of Israel, Greece and Cyprus discussed in a tripartite meeting in Jerusalem on April 11 the effects of Russia’s invasion in...
Uzbekistan is a solid energy partner
On the sidelines of the first Tashkent International Investment Forum, NE Global sat down with the First Deputy Minister for Energy Azim Akhmedkhadjayev to...
For now, Slovakia sees NATO, not EU forces, Russian firewall
Slovakia favors the European Union’s collective military aspirations, but NATO has become even more important in guaranteeing the bloc’s security, Slovakia’s Foreign Minister Ivan...
After Ukraine invasion, Germany saying nyet to Russian energy
Russia’s invasion of Ukraine has put politics in the forefront in the pragmatic energy relationship between Germany and Russia, Munich Security Conference Vice President...
Economy & Business
Sanctions expand as Russia approaches major default
No American President ever travels to Europe without a bag full of so-called “deliverables” and US President Joe Biden duly arrived in Brussels last...
EU Destination Earth initiative to help tackle climate change, protect nature
The European Union launched on March 30 together with partnering organisations the Destination Earth initiative to help tackling climate change.Supported with an initial €150...
Global Energy Insider
Countering loss of Russian oil over penalties, US opens reserve pump
After consultation with allies and partners, US President Joe Biden announced on March 31 the largest release of oil reserves in history, putting one...
Polish aid for expansion of LG Chem’s electric vehicles battery plant gets EU nod
Poland's €95 million measure in favour of LG Chem Group is in line with EU State aid rules, the European Commission competition chief on...
TAP pipeline transports first 10 bcm of Azeri natural gas to Europe
The Trans Adriatic Pipeline AG has announced that a total of 10 billion cubic meters (bcm) of natural gas from Azerbaijan has now entered...
Russia’s invasion of Ukraine boosts East Med region role in EU energy security
In light of Russia’s invasion of Ukraine and EU’s renewed effort to cut reliance on Russia, the East Mediterranean could play an increased role...
Ukraine, Moldova accelerate synchronization of power systems
Following an urgent request by Ukrenergo and Moldova for emergency synchronisation, the TSOs of Continental Europe agreed to start on March 16 the trial...
MEPs want more environmental and social ambition for batteries
The European Parliament is ready to negotiate with EU governments on the final shape of the new rules governing the entire battery product life...
Economy & Business
Russia sanctions – Now comes the hard part
As Russia’s invasion of Ukraine moves into the third week, a broad network of financial, travel and trade sanctions has been established in fairly...
Bulgaria to accelerate green energy transition
Akuo has announced that it has successfully secured the refinancing of a portfolio of five operational hydroelectric power plants in Bulgaria with a capacity...
EBRD inks MoU with Egypt to guide national hydrogen strategy
The European Bank for Reconstruction and Development (EBRD) signed on March 7 a memorandum of understanding (MoU) with Egypt’s Ministry of Electricity and Renewable...
Seeing red, EU wants U-turn from Russian energy reliance
Considering Russia's invasion of Ukraine, the European Commission on March 8 proposed an outline of a plan to make Europe independent from Russian fossil...
Poland to construct new wind farm at Zelechowo
Poland plans to develop, construct and operate a new 56MW wind farm at Zelechowo in Poland with the support from a loan of PLN...
EU Council adopts conclusions on civil protection work in view of climate change
The European Council on March 3 adopted conclusions calling for the adaptation of civil protection to extreme weather events resulting from climate change.Such events...
Italy’s ENI inaugurates its second wind farm in Kazakhstan
Italian energy major ENI, through its local renewable subsidiary Arm Wind LLP, inaugurated on March 2 the Badamsha 2 Wind Farm located in the...