Energy development

"If the storage in Chiren is not 100% full and the gas connection with Greece does not work, there is a risk of gas supply to consumers and district heating". This was stated on BNT by the chairman of the Energy and Water Regulatory Commission (EWRC) Stanislav Todorov. He also announced that a contract for the supply of American liquefied natural gas has not been signed yet.

The estimate that a collapse of the demand for liquid fuels is possible in the very near future due to high inflation was made by the Deputy CEO of Motor Oil during yesterday's teleconference with analysts.

It could revolutionize energy storage for large-scale renewable operations

From wind farms across the African coastline to geothermal projects in the east African rift valley, a new United Nations climate report on April 4 brought the continent's vast clean energy potential into the spotlight.

With one aluminum foundry closing in Europe due to high electricity and gas prices, Greek industries are calling on the government and Brussels to take immediate measures to reduce the energy costs that inflate their production and operating costs.

Turkey needs a comprehensive climate law and this legislation will be prepared as soon as possible, the country's Environment Urbanization and Climate Change Ministry has said.

Readers may remember President Biden ran on shutting down coal mining as part of his overall campaign against fossil fuels

Natural gas in Europe rose by about 8% to 86 euros per megawatt-hour due to growing fears of a possible Russian military invasion of Ukraine, which would further escalate tensions between the West and Moscow and lead to problems with Russian supplies of natural gas to the old continent in the case of possible introduction of stricter sanctions.

The burden borne by Greek industries due to the energy crisis and the large increases in the prices of electricity and natural gas consumed for the operation of factories and the production of their products is enormous.

With the world moving more and more towards green energy due to the climate crisis, Turkey, which has increased its renewable energy capacity, met 20 percent of its one-day energy generation from wind, breaking a production record.