Tag #Energy Security

welt.de
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Scholz Urges Cooperation on Key Legislation Before German Re-election

German Chancellor Olaf Scholz addressed the Bundestag, urging cooperation on key legislation including tax relief, increased child benefit, and energy price stabilization before the February 23rd Bundestag re-election, highlighting the need for continued action despite the current political instabil...

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32% Bias Score

es.euronews.com
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EU Energy Dependence Remains High Despite Reduced Russian Gas Imports

Following Russia's invasion of Ukraine, the EU decreased its reliance on Russian gas from 40% to 8%, primarily substituting with imports from the US and Norway, while its overall energy independence remains critically low at 4.0/10 according to the European Council on Foreign Relations.

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32% Bias Score

bbc.com
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Reactor Installed at UK's Newest Nuclear Power Station

A 500-tonne reactor, manufactured by Framatome in France, has been installed at Hinkley Point C nuclear power station in Somerset, UK, marking a key step in its construction, delayed by several years and facing a significant cost increase. The plant is expected to power six million homes upon its co...

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48% Bias Score

welt.de
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German Steel Industry Faces Order Decline Despite Employment Growth

The German steel industry shows a 9.4% drop in orders in Q3 2024 compared to the previous quarter, despite a 1.7% employment increase year-on-year; however, major producers like Thyssenkrupp are planning job cuts, indicating a potentially negative long-term outlook.

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40% Bias Score

apnews.com
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Geothermal Energy Potential Remains Untapped in Indonesia and the Philippines

Indonesia and the Philippines, despite possessing vast untapped geothermal energy reserves and aiming for energy transitions, face financial, regulatory, and community challenges, hindering the development of this clean energy source.

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24% Bias Score

kathimerini.gr
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US Sanctions on Gazprombank Threaten Greece's Gas Supply

US sanctions on Gazprombank threaten Greece's natural gas supply, already strained by high prices and depleted reserves; the country relies on Russian gas for 60% of imports, potentially facing daily shortfalls of 120,000-130,000 megawatt-hours without alternatives.

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40% Bias Score

faz.net
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German Helicopters Fired Upon in Baltic Sea Amidst Rising Tensions

German military helicopters were reportedly fired upon by Russian tankers in the Baltic Sea; the incident highlights escalating tensions and sanctions evasion by Russia using shadow tankers, raising concerns of environmental catastrophe and necessitating increased surveillance.

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40% Bias Score

repubblica.it
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Italy Offers 65% Tax Credit for Smart Home Energy Systems

Italy offers a 65% tax credit until December 31, 2024, for installing smart home energy management systems, which can save up to 10% on energy costs; the credit decreases to 50% in 2025, aligning with EU energy efficiency goals.

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48% Bias Score

abcnews.go.com
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Ecuador Drought Cripples Salcedo's Ice Cream Industry

In Salcedo, Ecuador, a prolonged drought has caused daily 14-hour power outages since September, crippling the town's renowned ice cream industry; 30 of 80 small ice cream plants closed, resulting in 300 job losses, and impacting the wider economy.

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24% Bias Score

pda.kp.ru
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Russian Beer Industry: 7% Growth Amidst Equipment Obsolescence and Import Dependence

The Russian beer industry grew 7% in the first half of 2024, employing 600,000 people and contributing over 110 billion rubles in excise taxes; however, aging equipment (85% obsolete) and hop import reliance (95%) threaten future growth, prompting calls for 1 billion rubles in government subsidies.

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40% Bias Score

abcnews.go.com
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Geothermal Energy Underutilized in Indonesia and the Philippines Due to Financial, Regulatory, and Community Barriers

Indonesia and the Philippines, possessing substantial untapped geothermal energy reserves, face financial, regulatory, and community challenges hindering development, despite the technology offering a clean, continuous energy source; Indonesia uses less than 10% of its reserves, while the Philippine...

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24% Bias Score

abcnews.go.com
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Untapped Geothermal Potential: Indonesia and the Philippines Face Barriers to Clean Energy Growth

Indonesia and the Philippines, possessing vast untapped geothermal energy reserves, face financial, regulatory, and community challenges hindering development, despite government initiatives and international funding aiming to increase geothermal energy use by 2030.

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40% Bias Score