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Natural gas: Egypt “locks in” all production from the Aphrodite field in Cyprus
Egypt secures all production from the Aphrodite field, enhancing its energy security and investing in new gas transmission infrastructure in the Eastern Mediterranean
The current energy crisis is the most serious since 1973, 1979 and 2002 combined, says the International Energy Agency
At the heart of the crisis are European countries, as well as Japan, Australia and others, but the countries most at risk are developing countries, said ILO chief Fatih Birol
PPC Group: the construction of the 2.13 GW photovoltaic plants in Western Macedonia is completed, the storage units are “running”
The largest group of photovoltaic projects in Europe, with an average annual production of 3,150 GWh - capable of covering almost 6% of the annual demand of the interconnected system - Their operation ensures the annual needs of almost 750,000 households
Current pressure on the price of green tariffs, big upheavals in fixed rates with over 50% increase for new contracts
Prices in uncharted waters in the coming months, the market anticipates a prolonged crisis - Strong pressure on households and businesses
Energy anxiety in Europe, 50% chance of recession in the US: The economic victims of the war in Iran
Oil in Europe flirts with $110 per barrel, natural gas up 94% since the start of the year – The most expensive gasoline in the US since summer 2022, when the war in Ukraine was raging – What Politico writes about Asian countries pushing demand and driving prices higher
The Kremlin condemns the “assassination” of Iranian leaders and leaves the energy front with Europe open
“Europe does not appear willing to engage in discussions; Putin is open to talks,” said Kremlin spokesman Dmitry Peskov
Heated exchange between Papastavrou and Sweden’s energy minister over European power grids at the Council of Ministers
A dispute over the joint planning of electricity grids saw the Greek minister challenge his Swedish counterpart, saying that “ultimatums are not the way we should operate,” and calling for a common European strategy for energy networks, invoking Jacques Delors
