Tag #Energy Security

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edition.cnn.com

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Jan 10, 16:11

Transnistria Faces Energy Crisis After Russia Halts Gas Supply

Transnistria, a self-declared state between Moldova and Ukraine, faces a severe energy crisis after Russia stopped supplying gas, leading to daily power outages, deaths from carbon monoxide poisoning, and school closures; the region's government has declared a state of emergency.

Transnistria Faces Energy Crisis After Russia Halts Gas Supply

Transnistria, a self-declared state between Moldova and Ukraine, faces a severe energy crisis after Russia stopped supplying gas, leading to daily power outages, deaths from carbon monoxide poisoning, and school closures; the region's government has declared a state of emergency.

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What are the potential long-term implications of this crisis for Transnistria, Moldova, and the broader geopolitical context?

The Transnistrian energy crisis highlights the region's vulnerability and dependence on Russia. The crisis could further destabilize Moldova through mass migration and increased political tension, potentially benefiting Russia's efforts to undermine the Moldovan government. The situation exposes the long-term risks of relying on free, unstable energy sources and the implications of political isolation.

de.euronews.com

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Jan 10, 19:10

Estonian Navy Strengthens Baltic Sea Patrols After Cable Sabotage

Following a suspected cable sabotage on December 25, 2023, damaging the Estlink 2 power cable between Finland and Estonia, Estonian naval authorities increased patrols in the Baltic Sea, involving at least three ships, to deter further attacks and demonstrate strength; repairs could cost tens of mil...

Estonian Navy Strengthens Baltic Sea Patrols After Cable Sabotage

Following a suspected cable sabotage on December 25, 2023, damaging the Estlink 2 power cable between Finland and Estonia, Estonian naval authorities increased patrols in the Baltic Sea, involving at least three ships, to deter further attacks and demonstrate strength; repairs could cost tens of mil...

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What is the immediate impact of the suspected cable sabotage on the Baltic Sea region?

Following a suspected cable sabotage in December 2023, Estonian naval authorities have increased patrols in the Baltic Sea. At least three Estonian navy ships are involved in the NATO patrols. The damage to the Estlink 2 power cable, connecting Finland and Estonia, did not cause a service disruption, although it increased energy prices.

theglobeandmail.com

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Jan 10, 19:10

Alberta Premier Seeks to Counter Trump's Rejection of Canadian Energy

Facing President-elect Donald Trump's rejection of Canadian energy resources, Alberta Premier Danielle Smith is actively pursuing deals with pipeline companies to increase oil and gas transport capacity to the U.S., aiming to counter Trump's stance and highlight the economic interdependence between ...

Alberta Premier Seeks to Counter Trump's Rejection of Canadian Energy

Facing President-elect Donald Trump's rejection of Canadian energy resources, Alberta Premier Danielle Smith is actively pursuing deals with pipeline companies to increase oil and gas transport capacity to the U.S., aiming to counter Trump's stance and highlight the economic interdependence between ...

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Affordable and Clean Energy

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What are the immediate economic implications of Donald Trump's rejection of Canadian energy resources for Alberta and its energy sector?

Donald Trump's statement that the U.S. "doesn't need anything" from Canada, especially its oil and gas, has caused significant concern in Alberta. Alberta Premier Danielle Smith is actively trying to secure deals with pipeline companies like Enbridge to increase oil and gas transport capacity to the U.S., hoping to demonstrate the value of Canadian resources. This initiative follows weeks of meetings and TV appearances aimed at addressing Trump's threats of tariffs.

theguardian.com

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Jan 10, 19:10

Constellation to Acquire Calpine in $16.4 Billion US Power Industry Deal

Constellation Energy is buying Calpine Corporation for $16.4 billion (or $26.6 billion including debt), creating the largest independent US power provider amid surging electricity demand driven by AI data centers and electric transportation.

Constellation to Acquire Calpine in $16.4 Billion US Power Industry Deal

Constellation Energy is buying Calpine Corporation for $16.4 billion (or $26.6 billion including debt), creating the largest independent US power provider amid surging electricity demand driven by AI data centers and electric transportation.

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Affordable and Clean Energy

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How does this acquisition reflect the current trends in energy demand and the growing focus on low-carbon energy sources?

The acquisition combines two major US electricity generators, expanding Constellation's workforce by 20% to 16,500 and boosting its market share in Texas and California. The deal is driven by increasing demand for low-carbon energy sources, fueled by the growth of data centers and the transition to electric transportation.

forbes.com

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Jan 10, 22:09

US Sanctions on Russia Send Oil Prices to Three-Month Highs

On Friday, oil prices climbed to three-month highs due to tighter US sanctions on Russia, impacting its oil exports to Asia; Brent crude reached $80.67 per barrel, and WTI hit $77.74, driven by several factors including OPEC+ production cuts and increased Northern Hemisphere energy demand due to col...

US Sanctions on Russia Send Oil Prices to Three-Month Highs

On Friday, oil prices climbed to three-month highs due to tighter US sanctions on Russia, impacting its oil exports to Asia; Brent crude reached $80.67 per barrel, and WTI hit $77.74, driven by several factors including OPEC+ production cuts and increased Northern Hemisphere energy demand due to col...

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What immediate impact did the US sanctions on Russian oil exports have on global oil prices and supply chains?

Oil prices surged to three-month highs on Friday, reaching $80.67 per barrel for Brent crude and $77.74 for WTI. This increase is primarily attributed to tighter US sanctions on Russia, impacting its oil exports to Asia and causing importers in India and China to seek alternative sources.

smh.com.au

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Jan 10, 07:08

Victoria to Slash Rooftop Solar Feed-in Tariff by 99 Percent

Victoria plans to slash minimum payments for rooftop solar energy exports to the grid by 99 percent to 0.04¢ per kilowatt-hour due to a surplus of daytime solar energy caused by a 76 percent increase in rooftop solar systems since 2019; despite this, households still save up to \$900 annually.

Victoria to Slash Rooftop Solar Feed-in Tariff by 99 Percent

Victoria plans to slash minimum payments for rooftop solar energy exports to the grid by 99 percent to 0.04¢ per kilowatt-hour due to a surplus of daytime solar energy caused by a 76 percent increase in rooftop solar systems since 2019; despite this, households still save up to \$900 annually.

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Affordable and Clean Energy

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What factors contributed to the Essential Services Commission's decision to drastically reduce the feed-in tariff for rooftop solar power?

This decision reflects Australia's transition to net-zero emissions and the decreased value of daytime solar energy. The sharp increase in rooftop solar installations has created a surplus of daytime energy, impacting the market price. While reducing payments, households with rooftop solar still see bill savings up to \$900 annually, according to St Vincent de Paul Society analysis.

dw.com

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Jan 10, 16:11

Ukraine Warns Against Halting Druzhba Pipeline Transit, Facing EU Legal Challenges

Ukrainian Prime Minister Denys Shmyhal warned on January 10th that halting oil transit via the Druzhba pipeline would violate international agreements and risk legal repercussions, while Hungary criticized a proposed Ukrainian law banning such transit during wartime.

Ukraine Warns Against Halting Druzhba Pipeline Transit, Facing EU Legal Challenges

Ukrainian Prime Minister Denys Shmyhal warned on January 10th that halting oil transit via the Druzhba pipeline would violate international agreements and risk legal repercussions, while Hungary criticized a proposed Ukrainian law banning such transit during wartime.

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Affordable and Clean Energy

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What are the immediate consequences of Ukraine halting oil transit through the Druzhba pipeline, and how would this affect its international relations?

On January 10th, Ukrainian Prime Minister Denys Shmyhal stated that halting oil transit via the Druzhba pipeline would violate Ukraine's Energy Charter Treaty and Association Agreement with the EU. This could lead to legal action and financial penalties for Ukraine.

pt.euronews.com

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Jan 10, 19:10

Estonian Navy Increases Baltic Sea Patrols Following Cable Sabotage

Estonian naval authorities have intensified Baltic Sea patrols after a suspected December 25th sabotage of the Estlink-2 electric and communication cable linking Finland and Estonia, prompting concerns over critical infrastructure vulnerability and potential energy price increases.

Estonian Navy Increases Baltic Sea Patrols Following Cable Sabotage

Estonian naval authorities have intensified Baltic Sea patrols after a suspected December 25th sabotage of the Estlink-2 electric and communication cable linking Finland and Estonia, prompting concerns over critical infrastructure vulnerability and potential energy price increases.

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Industry, Innovation, and Infrastructure

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What is the immediate impact of the suspected sabotage on Estonia and its response?

Following a suspected sabotage of an underwater cable last month, Estonian naval authorities have increased patrols in the Baltic Sea. At least three Estonian navy ships are participating in NATO patrols, responding to damage to the Estlink-2 electricity and communication cable linking Finland and Estonia on December 25th. Increased patrols aim to deter further attacks and safeguard critical infrastructure.

theglobeandmail.com

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Jan 10, 19:10

CPPIB Sells Calpine Stake in US$16.4 Billion Constellation Acquisition

CPPIB is selling its 15.75% stake in Calpine Corp. to Constellation Energy Corp. for US$2.6 billion (US$700 million cash and US$1.9 billion in stock) as part of Constellation's US$16.4 billion acquisition; this marks a substantial return on CPPIB's initial investment and positions Constellation as t...

CPPIB Sells Calpine Stake in US$16.4 Billion Constellation Acquisition

CPPIB is selling its 15.75% stake in Calpine Corp. to Constellation Energy Corp. for US$2.6 billion (US$700 million cash and US$1.9 billion in stock) as part of Constellation's US$16.4 billion acquisition; this marks a substantial return on CPPIB's initial investment and positions Constellation as t...

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Affordable and Clean Energy

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How does Constellation's acquisition of Calpine reshape the U.S. clean energy landscape, and what are the implications for energy production and consumption?

CPPIB's divestment from Calpine exemplifies its strategy of investing in energy companies that contribute to reliable and affordable power while advancing decarbonization. The significant return on investment highlights the success of this approach and the potential for further growth within Constellation's expanded portfolio. Constellation's acquisition significantly increases its presence in key U.S. states.

lentreprise.lexpress.fr

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Jan 10, 22:09

France's Uncoordinated Energy Policy Risks Economic Instability

French Senator Ronan Dantec warns of an uncoordinated energy policy, highlighting the significant cost difference between nuclear (€120/MWh) and solar (€17/MWh) energy, potentially leading to economic challenges and jeopardizing European energy market integration.

France's Uncoordinated Energy Policy Risks Economic Instability

French Senator Ronan Dantec warns of an uncoordinated energy policy, highlighting the significant cost difference between nuclear (€120/MWh) and solar (€17/MWh) energy, potentially leading to economic challenges and jeopardizing European energy market integration.

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Affordable and Clean Energy

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How does the lack of coordination between France's nuclear and renewable energy sectors affect its integration within the European energy market?

The absence of a cohesive French energy strategy risks jeopardizing economic competitiveness. A lack of coordination between the nuclear and renewable sectors, coupled with the rising prevalence of cheaper renewable energy from neighboring countries, poses a significant challenge. The resulting potential for overproduction and economic repercussions highlights the need for strategic planning and cooperation among major energy players.

sueddeutsche.de

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Jan 10, 07:08

BVG to Test HVO in Diesel Buses Before 2030 Electric Fleet Transition

Berlin's public transport operator, BVG, will test using HVO (hydrotreated vegetable oil) in existing diesel buses to reduce emissions before its 2030 goal of a fully electric fleet, aiming for significant CO2 reductions while acknowledging challenges of immediate, complete electrification.

BVG to Test HVO in Diesel Buses Before 2030 Electric Fleet Transition

Berlin's public transport operator, BVG, will test using HVO (hydrotreated vegetable oil) in existing diesel buses to reduce emissions before its 2030 goal of a fully electric fleet, aiming for significant CO2 reductions while acknowledging challenges of immediate, complete electrification.

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What short-term measures is the BVG implementing to reduce emissions before its 2030 target of a fully electric fleet?

The BVG, Berlin's public transport operator, plans to test using Hydrotreated Vegetable Oil (HVO) in its existing diesel buses to reduce emissions before fully transitioning to electric vehicles by 2030. This short-term measure aims to minimize emissions from the existing diesel fleet while the transition to electric vehicles is underway. The BVG seeks to achieve a significant CO2 reduction before its 2030 target.

dw.com

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Jan 10, 10:08

Rosatom to Sue Siemens Energy Over Delays at Turkey's Akkuyu Nuclear Plant

Rosatom plans to sue Siemens Energy for delayed delivery of equipment for Turkey's Akkuyu nuclear plant, citing lengthy German export license approvals; Siemens Energy says all necessary permits are now issued, but Rosatom may use Chinese replacements.

Rosatom to Sue Siemens Energy Over Delays at Turkey's Akkuyu Nuclear Plant

Rosatom plans to sue Siemens Energy for delayed delivery of equipment for Turkey's Akkuyu nuclear plant, citing lengthy German export license approvals; Siemens Energy says all necessary permits are now issued, but Rosatom may use Chinese replacements.

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What are the immediate consequences of Rosatom's planned lawsuit against Siemens Energy regarding the Akkuyu nuclear power plant?

Rosatom, the Russian state nuclear power corporation, intends to sue Siemens Energy, a German company, for failing to deliver equipment for the Akkuyu nuclear power plant in Turkey, a project Rosatom is building. Siemens Energy claims delays were due to lengthy export license approvals from the German Federal Office of Economics and Export Control (BAFA).

Showing 2,053 to 2,064 of 3,099 results