natural gas
Germany is Closing its Coal-Fired Power Plants
A complex story about the energy transition and the challenges that the global geopolitical situation brings with it is unfolding in a country that strives to be a leader in the fight against climate change outside of the European continent,…
CONTINUED DROP IN EU IMPORTS OF ENERGY PRODUCTS
In the fourth quarter of 2023, the EU imported 111.3 billion euros worth of energy products amounting to a total of 187.9 million tonnes. Compared with the same quarter of 2022, imports decreased both in value (-34.2 percent) and in…
GERMANY: WIND POWER EXCEEDS THE SHARE OF COAL IN ELECTRICITY GENERATION
In 2023, Germany achieved more good results when it came to electricity production. According to the data collated by the Federal Statistical Office – Destatis, last year this country produced 11.8 percent less electricity than in 2022. However, it should…
Drop in EU imports of energy products in Q3 2023
In the third quarter of 2023, the EU imported 35.4 billion euros worth of energy products amounting to a total of 65 million tonnes. Compared with the same quarter of 2022, imports decreased both in value (-49.1 percent) and in…
Electricity and gas prices stabilize in 2023
After a significant increase in prices that started before the Russian invasion of Ukraine, but skyrocketed through the second semester of 2022, electricity and gas prices are stabilizing. The prices of energy rose due to an increase in the price…
EU imports of energy products continued to drop in Q2 2023
Following a strong increase in energy imports in the EU between 2021 and 2022, the scenario is different in 2023, with imports dropping for the second quarter in a row when compared with the same period in the previous year.…
Global coal demand set to remain at record levels in 2023
Global coal consumption climbed to a new all-time high in 2022 and will stay near that record level this year as strong growth in Asia for both power generation and industrial applications outpaces declines in the United States and Europe,…