Energy

All news and posts of our editorial team on the topic

Oil price rises after supply disruption via Druzhba pipeline
Oil prices increased on Tuesday, apparently due to a payment problem between Ukraine and Russia. Ukraine suspended Russian oil deliveries to Hungary, the Czech Republic and Slovakia through the so-called Druzhba pipeline at the beginning of August because it was not receiving transit fees from Moscow, the Russian pipeline company Transneft announced on Tuesday. The […] continue reading →
Latvia relies on wind energy
Latvia plans to invest about €1 billion in the construction of wind farms to increase local power generation from renewable sources and strengthen energy security. Prime Minister Krišjānis Kariņš spoke in Riga on Monday about one of the largest investments in the country’s history. “This is a medium-term solution that will allow us to become […] continue reading →
Chemicals company Evonik wants to replace natural gas
The chemicals company Evonik wants to partially replace natural gas with other substances at its German sites. In total, up to 40 percent of Evonik’s German natural gas supply could be replaced without significantly restricting chemical production, the company reported in Essen on Monday. According to its own figures, Evonik procures a total of around […] continue reading →
Austria plans low-cost electricity share
The government in Vienna wants to implement proposals for the electricity price that are circulating for the gas market in Germany. The opposition, on the other hand, wants a comprehensive price cap along the lines of Spain and Portugal. continue reading →
Monika Griefahn – fighting for e-fuels
The topic of environmental protection has accompanied Monika Griefahn since her childhood. Born in Mühlheim-Ruhr in 1954, she grew up in the Ruhr region amid its polluted air. “You can’t imagine that today. Everything was yellow from the sulfur clouds. The laundry was always dirty when you hung it outside,” Griefahn recounts. A few decades […] continue reading →
German Industry wants more compensation in exchange for abandoning gas
The auctions planned by the German government to save gas do not go far enough for the Federation of German Industries (BDI). In addition to a short-term auction model for companies to save gas, there also needs to be a second instrument for the medium-term release of gas quotas by companies. “Otherwise, the auction mechanism […] continue reading →
Germany must save ten billion cubic meters of gas
To meet the EU’s 15 percent savings target, Germany must save as much gas as five million four-person households consume on average per year. According to a calculation by the Deutsche Presse-Agentur based on data from the EU Commission, Germany will have to consume around ten billion cubic meters less gas between the beginning of […] continue reading →
Jekaterina Boening – Green power for Siemens Energy
Since April, Jekaterina Boening has been responsible for sustainability in the Industrial Applications department at Siemens Energy. The energy division of the Munich-based conglomerate offers companies in industry – such as the energy-intensive chemical industry – concepts for green transformation. The 32-year-old is responsible for implementing the company’s own sustainability goals in the Industrial Applications […] continue reading →
Scholz: Gas turbine for Nord Stream 1 ready for shipping at any time
German Chancellor Olaf Scholz has indirectly accused Russia of using false pretenses for missing gas deliveries. The turbine for the Nord Stream 1 pipeline could be used and delivered at any time, the SPD politician said on Wednesday during a visit to the power engineering company Siemens Energy in Germany. The machine has been temporarily […] continue reading →