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Energy Prices

Feature

Gas storage facilities: Commission wants to allow subsidies

In the fight against high gas prices, the EU Commission is backing a subsidy and demand strategy. Member states and operators are to be obliged to achieve a minimum gas storage level by September 30 of each year. However, in the draft communication on energy prices, the authority also points the way to financial incentives. States are also to double biogas production by 2030.

By Manuel Berkel

Feature

Thanks to strategic gas reserves: Italy defies the energy crisis

Strategic reserves and gas from Azerbaijan are helping Italy to cope with the energy crisis better than several other EU countries. The country is also heavily dependent on Russian imports. This is one of the reasons why Italy proposed to the EU Commission back in October that it set up a joint system for gas reserves.

By Redaktion Table

Feature

Despite scandals: gas from Azerbaijan to provide relief

EU Energy Commissioner Kadri Simson is traveling to Azerbaijan today. Despite political scandals in the country, possibilities for increasing gas supplies to Europe are to be explored in Baku. In the search for alternative energy sources, however, the EU's greatest hopes continue to rest on the United States. However, the industry considers it unrealistic to replace pipeline gas with LNG in the short term.

By Eric Bonse

Feature

Claude Turmes: "without LNG ports, we would be completely vulnerable to blackmail"

For Luxembourg's energy minister, the only way out of the current gas price crisis is a package of measures: increasing energy efficiency, expanding renewable energies and diversifying gas sources. He does not see any risk that the current crisis situation will push the climate issue into the background. Demand for gas will continue to fall, says Turmes in the interview.

By Charlotte Wirth

Feature

Transatlantic turnaround on energy policy

Against the backdrop of the Ukraine crisis, Brussels and Washington are looking for alternatives to Russian gas. The favorite is liquefied gas from the USA – despite the massive problems with climate protection. In the long term, the entire gas market could be reorganized.

By Redaktion Table