Tag: natural gas

German State Temporarily Takes Over Control of Gazprom Germania

After failing to achieve independence from Russian gas in the short term, German Minister of Economy Robert Habeck blocked the sale of the German subsidiary of Russian energy company Gazprom, and put it under state controlled trusteeship to ensure security of supply.

EU Says No to Natural Gas Price Cap

Price caps on electricity, which are meant to protect retail customers from soaring production costs, can cause supply shortages.

Russia Hoping for Nord Stream 2 Approval

Critics in the U.S., Ukraine, and Poland warn that approval will increase Russia’s leverage over Europe, pit EU member states against each other, and deprive Ukraine of transit revenues, putting Ukraine in a less advantageous bargaining position.

Nuclear Power and Natural Gas: Green Energy?

Many EU countries support a green designation for nuclear power. France has made nuclear energy the pillar of carbon-neutral energy production, and Czechia and Hungary also rely heavily on nuclear energy. Germany opposes this, but approves of a green label for natural gas as a transition energy.