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energy crisis
Low Auction Budget Puts UK Offshore Wind at Risk
The UK Government has announced an initial budget for the next offshore wind auction round (Allocation Round 7, or AR7). The initial proposed budget is 900 million pounds for conventional bottom-fixed offshore wind and 180 million pounds for floating wind. This would “buy”…
EU Helps Moldova Address Energy Crisis
The Moldovan government declared a state of emergency in mid-December 2024 to respond to the energy crisis caused by the disruption of Russian gas supplies. This decision came as a result of difficulties arising after the five-year agreement for the…
State of Emergency and Energy Crisis in Moldova – What’s Next?
The Government of Moldova declared a state of emergency in mid-December 2024 to address an energy crisis caused by the interruption of Russian gas supplies. The country found itself in a severe energy crisis following Ukraine’s decision not to renew…
European solar sector issues yellow card as market data reveals 92 percent growth decline and investment slump
After four years of soaring growth, the EU solar sector has hit its first deployment slowdown of the 2020s, dropping from 53 percent growth in 2023 to 4 percent in 2024. This represents a 92 percent slowdown of solar growth.…
Reliable Solution – Solar Energy
An increasing number of companies recognize the benefits of investing in sustainable energy. This trend is driven by the pursuit of decarbonization and climate neutrality goals and as a response to the global energy crisis. This moment revealed the instability…
How Did Pakistan Experience a „Solar Boom”?
The rapid expansion of solar energy in Pakistan, driven primarily by market forces and minimal political support, serves as a valuable example for other developing markets. The drop in solar panel prices, coupled with a sharp increase in electricity costs—rising…
Natural Gas Demand Growth Oicks up in 2024 Amid Uncertainties Over Supply
Global demand for natural gas is increasing at a stronger rate in 2024 than in the previous two years, which were heavily affected by the turmoil of the global energy crisis. At the same time, new gas supplies coming to…