Russian energy imports fell by €6.1 billion – EuroStat
Russian military aggression against Ukraine has led to a disruption of international trade in goods, in particular for trade in energy products. Considering seasonally adjusted values, the share of Russia…
Canadian government confirms that nuclear is clean energy
The Government of Canada today released a fiscal update that has introduced an investment tax credit of up to 30% for clean energy technologies, including small modular reactors (SMRs). The…
Lithuania becomes first EU country to ban Russian gas
Courtesy of Klaipedos Nafta Seeking full energy independence from Russian gas, in response to Russia’s energy blackmail in Europe and the war in Ukraine, Lithuania has completely abandoned Russian gas:…
:WINDPOWER: Vestas wins 30 MW order in Italy
International renewables developer wpd has placed a 30 MW order for the Licata wind park to be located in Sicily, Italy. The contract includes the supply and installation of seven…
EIA expects crude oil prices higher than $100 per barrel in coming months
On February 24, 2022, Russia initiated a further invasion of Ukraine that contributed to the recent sharp increase in the Brent and West Texas Intermediate (WTI) crude oil prices. This…