Tag #Energy Security

zeit.de
🌐 85% Global Worthiness
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Schröder and Warnig to Testify in Nord Stream 2 Inquiry

Former German Chancellor Gerhard Schröder and former Nord Stream 2 CEO Matthias Warnig will testify on Friday before a Mecklenburg-Vorpommern state parliament committee investigating the Nord Stream 2 pipeline's construction, which was completed in late 2021 but never went into operation due to the ...

Progress

48% Bias Score

Affordable and Clean Energy
lemonde.fr
🌐 85% Global Worthiness
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Record Gas Consumption in 2024: Fragile Market Amidst Geopolitical Tensions

Global natural gas consumption hit a record high in 2024, up 115 billion cubic meters from 2023, driven by strong Asian demand; however, the market remains fragile due to limited supply and geopolitical tensions, particularly concerning the halt of Russian gas transit through Ukraine.

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32% Bias Score

Climate Action
theglobeandmail.com
🌐 85% Global Worthiness
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Trump's Wind Leasing Halt Slams European Wind Companies

President Trump suspended new US offshore wind leases, causing a 17% drop in Orsted's shares due to a $1.69 billion impairment charge and impacting other European wind companies; the decision is linked to higher costs and delays in projects.

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44% Bias Score

Climate Action
forbes.com
🌐 85% Global Worthiness
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Gold Soars 27.2% in 2024 as Safe Haven Demand Surges

Gold's 27.2% surge in 2024, its best performance in over a decade, contrasted sharply with declines in industrial and agricultural commodities; this was fueled by central bank purchases, inflation, and a weak manufacturing sector.

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40% Bias Score

Affordable and Clean Energy
forbes.com
🌐 75% Global Worthiness
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Trump's Energy Emergency Declaration Risks Market Instability

President Trump declared a national energy emergency, aiming to increase oil and gas production despite the U.S. being the world's largest producer and current stable gas prices ($3.04/gallon). This risks harming smaller companies through supply gluts and price drops, while neglecting sustainable en...

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52% Bias Score

Climate Action
smh.com.au
🌐 75% Global Worthiness
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Strickland Metals Discovers Significant Depth Extension at Serbian Gold-Copper Deposit

Strickland Metals' diamond drilling at its Shanac gold-copper deposit in Serbia revealed a 30.1m intercept grading 1.6g/t gold equivalent from 438.9m and an 11.7m section grading 4.3g/t gold equivalent from 570.4m, extending mineralization to at least 625m and confirming a width of 180m, prompting a...

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60% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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Western Australia Heatwave Causes Record Power Draw and Widespread Outages

Western Australia faced extreme heat on Monday, with temperatures reaching 49.3 degrees in Geraldton and 43.6 degrees in Perth, leading to a record power draw and widespread outages affecting 16,000 homes due to local technical faults; a tropical cyclone off the Pilbara coast caused flooding and dam...

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40% Bias Score

Climate Action
kathimerini.gr
🌐 85% Global Worthiness
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Norway, Sweden Curb Electricity Exports, Challenging EU Energy Integration

Norway and Sweden plan to curb electricity exports due to high domestic prices, contradicting EU energy market integration principles; this highlights the need for increased investment in pan-European electricity interconnections to ensure long-term energy security and stability.

Progress

52% Bias Score

Affordable and Clean Energy
forbes.com
🌐 85% Global Worthiness
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Rinehart's Hancock Energy Drives Australian Gas Revival

Australian billionaire Gina Rinehart is rapidly expanding her Hancock Energy company through a series of acquisitions in Australia's Perth Basin, potentially partnering with Mitsui & Co., and exploring U.S. investment opportunities under the Trump administration, leveraging modern technology to revi...

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60% Bias Score

Affordable and Clean Energy
roma.repubblica.it
🌐 85% Global Worthiness
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Fiumicino Airport's Mega Solar Farm Powers Expansion Plan

Fiumicino Airport in Rome opened Europe's largest airport solar farm (2.5 sq km, 55,000 panels, 30+ million kWh annually), enabling energy independence and supporting a planned "9 billion euro" expansion including a new terminal and fourth runway.

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48% Bias Score

Affordable and Clean Energy
zeit.de
🌐 75% Global Worthiness
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German Company Successfully Tests Hydrogen Storage in Repurposed Caverns

Storag Etzel in Wittmund, Germany, started testing hydrogen storage in repurposed underground caverns around the turn of the year, aiming to store 90 tons of CO2-neutral hydrogen by summer 2024 via truck deliveries due to the absence of a hydrogen pipeline.

Progress

32% Bias Score

Affordable and Clean Energy
repubblica.it
🌐 85% Global Worthiness
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Nuclear Energy Poised for Record Growth, but Massive Investment Needed

The International Energy Agency (IEA) forecasts a record-breaking year for nuclear energy in 2025, driven by policy shifts, technological advancements (like SMRs), and growing investments; however, achieving cost parity with renewables requires \$120 billion in annual investments by 2030.

Progress

40% Bias Score

Affordable and Clean Energy