Energy economics

The world is at the "dawn of a new industrial age" of clean energy technology manufacturing that will triple in value by 2030 and create millions of jobs, the International Energy Agency (IEA) has said.

The Trade Ministry has launched a probe into the automotive market to securitize prices and supplies.

Inspectors have been appointed to look into the activities that allegedly aimed at distorting the market for new and second-hand cars, causing bottlenecks and preventing consumers from accessing vehicles, Trade Minister Mehmet Muş said on Twitter.

The trade union demonstration under the slogan "To protect the country's energy security" is taking place in front of the parliament building.

Bulgaria: Increase in Price of Gas for January, a Jump of 22.7% compared to December

A regulation that came into force as of Jan. 1 ushers in a new era in energy efficiency in buildings in Türkiye.

According to the regulation, all buildings to be constructed larger than 5,000 square meters in size will be required to be B energy efficiency class and meet 5 percent of energy they consume from renewable resources.

Prices of natural gas used in electricity production have been reduced, while gas prices for households have been kept unchanged for January.

The Petroleum Pipeline Corporation (Botaş) announced that the price of gas used was cut by 12.75 percent to 18,000 Turkish Liras/1,000 cubic meters.

The price of natural gas households consume was kept at 4,080 liras/1,000 cubic meters.

LAMDA DEVELOPMENT S.A. announced that its 100% subsidiary, LAMDA ENERGY INVESTMENTS S.M.S.A., signed a share transfer agreement regarding the purchase of 20% of the share capital of R Energy 1 Holding for a cash consideration of €5m.

At the top of the checklist are fuel efficiency and safety

It was also estimated that global greenhouse gas emissions will reach its peak in 2025.

In September, most Slovenian companies expected to cut production by the end of the year in the face of the energy crisis. This has been reflected in electricity consumption, which was much lower last month year-on-year, said the Institute of Macroeconomic Analysis and Development (IMAD). The same goes for natural gas consumption in recent months.