Resulting from Russian attacks on Ukraine, electricity prices in Eastern Europe have increased by 100%. Russia’s strikes on Ukrainian infrastructure caused electricity prices to double this summer in southeastern Europe. According to the FT, in a letter to the European Commission Greek Prime Minis... #Electricityprices #EnergyCrisis #energyEU #EnergyInfrastructure #KyriakosMitsotakis
The EU’s strategy to fight the energy crisis is to store gas in Ukraine. According to Bloomberg, European officials are now considering how to tap into the continent’s largest gas storage network when demand and prices spike this winter. Because the capacities in the... #energyEU #EUgasCrisis #GasstorageUkraine #UkraineGTS
US and EU to strengthen Europe energy resilience, including Ukraine. Within the EU-US Energy Council framework, which will take place in Washington on Monday, the parties must discuss ways to enhance transatlantic energy security. They also intend to increase the ener... #energyEU #Europeenergyresilience #Ukraineenergyresilience
The EU investment portfolio included the project to convert Ukrainian GTS to hydrogen delivery. The program to prepare Ukraine’s gas distribution systems to deliver hydrogen and other “green” synthetic gases to consumers became one of the projects selected by the European Hydro... #energyEU #energyukraine #hydrogendelivery #UkraineGTS
To create hydrogen production, transportation and storage infrastructure will require $11 trillion in investments by 2050 , Belkova writes, citing Bloomberg. With hydrogen accounting for 0.002% of total energy consumption, hydrogen can only account for 24% by 2050, she writes, citing Bloomberg. Belkova concludes: “It is ... #energyEU #HydrogenProduction