Tag #Energy Security

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kathimerini.gr

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Jul 17, 10:14

China's Record Heatwave Stresses Power Grid

A record-breaking heatwave in China, linked to climate change, has pushed electricity demand to over 1.5 billion kilowatts, exceeding the previous year's peak by 55 million kilowatts and breaking local records 36 times this summer, while also impacting agriculture, industry, and healthcare.

China's Record Heatwave Stresses Power Grid

A record-breaking heatwave in China, linked to climate change, has pushed electricity demand to over 1.5 billion kilowatts, exceeding the previous year's peak by 55 million kilowatts and breaking local records 36 times this summer, while also impacting agriculture, industry, and healthcare.

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How are the extreme temperatures affecting various sectors of the Chinese economy, beyond electricity demand?

The extreme heatwave, causing temperatures to reach record highs in eight meteorological stations, has not only stressed the power grid, forcing it to near its limits, but also threatens agricultural yields, industrial output, and port operations. The strain on the healthcare system is also significant.

edition.cnn.com

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Jul 17, 13:12

Egypt's \$590 Million Solar Plant Aims to Solve Energy Crisis

Egypt begins construction on its first large-scale hybrid solar and battery plant, Obelisk, a \$590 million project aiming to alleviate its energy crisis by increasing renewable energy production, addressing issues of intermittency and high energy demand during summer months.

Egypt's \$590 Million Solar Plant Aims to Solve Energy Crisis

Egypt begins construction on its first large-scale hybrid solar and battery plant, Obelisk, a \$590 million project aiming to alleviate its energy crisis by increasing renewable energy production, addressing issues of intermittency and high energy demand during summer months.

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Affordable and Clean Energy

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What is the immediate impact of Egypt's new hybrid solar and battery plant on its energy crisis?

Egypt is constructing its first large-scale hybrid solar and battery plant, Obelisk, a \$590 million project aiming to alleviate its energy crisis by increasing renewable energy production from 13% to 42% by 2030. The plant will generate 1.1 gigawatts of solar power and include 200 megawatt hours of battery storage, addressing issues of intermittency and high energy demand during summer months.

dutchnews.nl

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Jul 17, 19:15

Netherlands Cuts North Sea Wind Energy Target, Facing Industry Backlash

The Netherlands' outgoing cabinet scaled back plans to build wind turbines in the North Sea, reducing the 2040 target from 50 GW to 30-40 GW, a move criticized by industry groups as hindering the country's climate ambitions and increasing reliance on fossil fuels.

Netherlands Cuts North Sea Wind Energy Target, Facing Industry Backlash

The Netherlands' outgoing cabinet scaled back plans to build wind turbines in the North Sea, reducing the 2040 target from 50 GW to 30-40 GW, a move criticized by industry groups as hindering the country's climate ambitions and increasing reliance on fossil fuels.

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Climate Action

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What are the immediate consequences of the Netherlands' decision to scale back its North Sea wind energy plans?

The Netherlands' outgoing cabinet has reduced its offshore wind energy targets from 50 GW to 30-40 GW by 2040, a decision criticized by industry and sustainable energy organisations. This scaling back is viewed as hindering the country's climate ambitions and increasing reliance on foreign fossil fuels. The decision also risks delaying the green transition for industries like steel.

welt.de

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Jul 17, 13:12

German Chemical Industry Stabilizes, but Recovery Remains Elusive

The German chemical and pharmaceutical industry's turnover slightly decreased by 0.5 percent to €107 billion in the first half of 2024, while production fell by 1 percent; however, the pharmaceutical sector showed a 2 percent production increase, counteracting the 3 percent decrease in the chemical ...

German Chemical Industry Stabilizes, but Recovery Remains Elusive

The German chemical and pharmaceutical industry's turnover slightly decreased by 0.5 percent to €107 billion in the first half of 2024, while production fell by 1 percent; however, the pharmaceutical sector showed a 2 percent production increase, counteracting the 3 percent decrease in the chemical ...

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Decent Work and Economic Growth

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What is the overall state of the German chemical and pharmaceutical industry, and what are the most immediate consequences of its current performance?

The German chemical and pharmaceutical industry showed slight stabilization in the first half of 2024, with a minimal 0.5 percent decrease in turnover to €107 billion and a 1 percent drop in production. However, around 40 percent of member companies reported a lack of orders, indicating the industry hasn't fully recovered.

it.euronews.com

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Jul 16, 01:13

Slovakia Vetoes EU Sanctions Over Russian Gas Deal

Slovakian Prime Minister Robert Fico vetoed the EU's 18th sanctions package against Russia, demanding a legal exemption to continue purchasing Russian gas until 2034, citing concerns over energy security and potential legal repercussions costing €16-20 billion.

Slovakia Vetoes EU Sanctions Over Russian Gas Deal

Slovakian Prime Minister Robert Fico vetoed the EU's 18th sanctions package against Russia, demanding a legal exemption to continue purchasing Russian gas until 2034, citing concerns over energy security and potential legal repercussions costing €16-20 billion.

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Affordable and Clean Energy

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What are the immediate consequences of Slovakia's veto on the EU's sanctions package against Russia?

Slovakia's Prime Minister Robert Fico requested a legal exemption to continue purchasing Russian gas until 2034, in exchange for withdrawing his veto on the EU's 18th sanctions package against Russia. This request, termed a "take it or leave it" proposition by Fico, jeopardizes the package's approval, expected this week. The European Commission opposes this exemption, arguing it would weaken sanctions efficacy.

dw.com

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Jul 16, 01:13

Slovakia Vetoes EU Sanctions Package Over RePowerEU Plan

The European Union failed to adopt its 18th sanctions package against Russia on July 15th due to a Slovakian veto linked to the RePowerEU plan, despite the European Commission offering concessions.

Slovakia Vetoes EU Sanctions Package Over RePowerEU Plan

The European Union failed to adopt its 18th sanctions package against Russia on July 15th due to a Slovakian veto linked to the RePowerEU plan, despite the European Commission offering concessions.

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Peace, Justice, and Strong Institutions

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What are the underlying reasons behind Slovakia's opposition to the EU's 18th sanctions package?

Slovakia's actions highlight a divergence within the EU regarding the speed and scope of sanctions against Russia. Slovakia's resistance stems from its reliance on Russian gas until 2034, conflicting with the EU's RePowerEU plan to end reliance on Russian oil and gas by 2027. This reveals internal divisions about energy independence and the economic consequences of sanctions.

kathimerini.gr

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Jul 17, 13:12

Greece Leverages Chevron's Interest in Hydrocarbon Exploration to Counter Libyan, Turkish Claims

Following unsuccessful maritime boundary talks with Libya, Greece's energy minister spoke with Chevron, highlighting continued interest in Greek hydrocarbon exploration, despite Libyan objections, and aiming to leverage Chevron's influence against Turkey and its Libyan allies.

Greece Leverages Chevron's Interest in Hydrocarbon Exploration to Counter Libyan, Turkish Claims

Following unsuccessful maritime boundary talks with Libya, Greece's energy minister spoke with Chevron, highlighting continued interest in Greek hydrocarbon exploration, despite Libyan objections, and aiming to leverage Chevron's influence against Turkey and its Libyan allies.

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Affordable and Clean Energy

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How did the Greek government's response to Chevron's initial interest, and the subsequent Libyan actions, influence the current situation?

This communication signals Greece's intent to leverage Chevron's influence to counter Libya and Turkey's claims in the region. Chevron's demonstrated interest in Greek hydrocarbons, despite Libyan objections and delayed Greek responses, bolsters Greece's position regarding its sovereign rights, as defined by Law 4001/2011, which incorporates the UNCLOS median line principle.

cnn.com

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Jul 17, 10:14

Trump Threatens Sanctions on China, India Over Russian Oil Purchases

Former US President Donald Trump threatened secondary sanctions against China and India for buying Russian oil, aiming to pressure Russia to end the war in Ukraine; this could disrupt global oil markets and trigger price increases.

Trump Threatens Sanctions on China, India Over Russian Oil Purchases

Former US President Donald Trump threatened secondary sanctions against China and India for buying Russian oil, aiming to pressure Russia to end the war in Ukraine; this could disrupt global oil markets and trigger price increases.

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No Poverty

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What are the potential long-term geopolitical implications of using secondary sanctions as a tool to influence the conflict in Ukraine?

The success of Trump's proposed sanctions hinges on the willingness of China and India to comply. Both countries have deep strategic ties with Russia and may be reluctant to change course without a compelling alternative. The potential for global economic instability from oil price shocks adds further complexity to this strategy.

welt.de

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Jul 17, 16:15

Germany to Revise Energy Transition Policy Amid Rising Costs

German Minister Katherina Reiche proposes a cost-cutting overhaul of the country's energy transition, suggesting renewable energy operators share grid expansion costs and aiming for a 'reality check' by summer's end, prompting criticism from environmental groups.

Germany to Revise Energy Transition Policy Amid Rising Costs

German Minister Katherina Reiche proposes a cost-cutting overhaul of the country's energy transition, suggesting renewable energy operators share grid expansion costs and aiming for a 'reality check' by summer's end, prompting criticism from environmental groups.

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What are the potential long-term impacts of Minister Reiche's proposed changes on Germany's climate goals and the future of renewable energy investment?

Reiche's proposal marks a potential turning point in Germany's energy transition, potentially slowing down the rapid expansion of renewables. The increased financial burden on renewable energy producers could impact future investments and the pace of decarbonization. The success of this approach hinges on balancing cost-effectiveness with the ambitious climate goals for 2045.

dw.com

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Jul 16, 04:12

Trump Threatens 100% Sanctions on Russia Trade Partners

President Trump announced a new 50-day ultimatum for Russia to agree to peace, threatening billions of dollars in advanced weaponry for Ukraine and 100% sanctions on countries that continue to trade with Russia, impacting nations like Brazil and potentially altering the global economic landscape.

Trump Threatens 100% Sanctions on Russia Trade Partners

President Trump announced a new 50-day ultimatum for Russia to agree to peace, threatening billions of dollars in advanced weaponry for Ukraine and 100% sanctions on countries that continue to trade with Russia, impacting nations like Brazil and potentially altering the global economic landscape.

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Peace, Justice, and Strong Institutions

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How might Russia's current economic growth rate and reliance on specific trading partners influence the effectiveness of secondary sanctions?

Trump's threat of secondary sanctions targets countries buying Russian goods, including Brazil, a major importer of Russian fertilizers and diesel. This escalation could significantly impact Russia's economy, which has shown resilience to previous Western sanctions, although growth is slowing. The sanctions do not affect oil sales to China and India.

repubblica.it

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Jul 16, 04:12

Germany Scrutinizes Snam's OGE Acquisition Amid Concerns About Chinese Influence

The German government is reviewing Snam's €920 million acquisition of a 24.99% stake in Open Grid Europe due to Snam's indirect ties with China's State Grid Corporation, raising concerns about energy security and foreign influence in Germany's critical gas infrastructure. The deal would expand Snam'...

Germany Scrutinizes Snam's OGE Acquisition Amid Concerns About Chinese Influence

The German government is reviewing Snam's €920 million acquisition of a 24.99% stake in Open Grid Europe due to Snam's indirect ties with China's State Grid Corporation, raising concerns about energy security and foreign influence in Germany's critical gas infrastructure. The deal would expand Snam'...

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Affordable and Clean Energy

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How does the German government's scrutiny of this deal reflect broader concerns about foreign investment in critical infrastructure and energy security?

The German government's concern stems from the indirect link between Snam and China's State Grid Corporation, which holds a 35% stake in CDP Reti, a company that owns 31.4% of Snam. Despite this indirect ownership, the Chinese company's influence on Snam's decision-making is limited to a single board member and minor shareholder rights, according to the article. The strategic importance of Oge for Germany's energy security explains the government's thorough review.

es.euronews.com

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Jul 16, 01:13

Southern Europe's High Air Conditioning Consumption Amidst Heatwave

During a European heatwave, Italy leads the EU in air conditioning electricity consumption (23,000 terajoules of 60,000 total), followed by Greece (8,000 terajoules), due to extreme heat, aging populations, and high temperatures (48°C in Italy, 46.6°C in Portugal, 46°C in Spain, and 43.2°C in Greece...

Southern Europe's High Air Conditioning Consumption Amidst Heatwave

During a European heatwave, Italy leads the EU in air conditioning electricity consumption (23,000 terajoules of 60,000 total), followed by Greece (8,000 terajoules), due to extreme heat, aging populations, and high temperatures (48°C in Italy, 46.6°C in Portugal, 46°C in Spain, and 43.2°C in Greece...

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Climate Action

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How do the differing levels of air conditioning usage across European countries reflect broader societal factors and infrastructure limitations?

The high air conditioning consumption in Southern European countries reflects a confluence of factors: extreme heatwaves causing dangerous temperatures (48°C in parts of Italy, 46.6°C in Portugal), an aging population more susceptible to heat, and the lack of widespread affordable alternatives. These factors highlight the disproportionate impact of climate change on certain demographics and regions.

Showing 97 to 108 of 3,263 results