Tag: energy crisis

Leaders from Azerbaijan, Georgia, Romania, and Hungary signed an agreement on Saturday to install an underwater electric cable under the Black Sea to deliver green Azeri energy to Europe. This agreement involves a 685-mile electric cable of 1,000 MW under the Black Sea leading...

Saudi energy minister Prince Abdulaziz bin Salman stated on Sunday that the effects of European sanctions on Russian crude oil price caps remain to be seen. According to him, the effectiveness of the sanctions' implementation process also remains unclear. Named the Group of 7 price...

South African electricity public utility Eskom has announced that it will implement Stage 6 power cuts starting from Sunday morning. Commonly known as "load shedding", this increase in power cuts comes after the utility implemented Stage 5 on Saturday after five generating units broke...

The European Union revealed on Wednesday its plans to raise over $140 billion in an effort to combat the ongoing energy crisis. "EU Member States have already invested billions of euros to assist vulnerable households. But we know this will not be enough," European...

Research from the Institute for Government (IfG) found that the United Kingdom scores worse than countries across Europe in terms of the energy efficiency of its homes. According to this analysis, the United Kingdom is set to continue facing high energy bills throughout 2023...

European Union energy ministers met during an emergency meeting on Friday in an effort to discuss mechanisms to shield citizens from surging energy bills. The ministers also congregated to discuss safeguards to prevent the collapse of European energy utilities in the midst of the...