A fire in one of America’s largest LNG export terminals has caused European gas prices to rise even further. The reduced export capacity adds to the pressure of securing enough gas reserves to last the winter.
The Spanish government has avoided providing details about future projects, except that they will be in the areas of ecological transition, digital transition, hydrogen storage, industrial autonomy, and infrastructure.
The Orbán cabinet has put in place the means for Hungary to be independent from Russian natural gas. In the course of 12 years, it built links to all possible alternative energy sources; the fact that a number of them are inoperable is due to other countries.
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.
An EU official defended the decision to include natural gas and nuclear energy, telling journalists: “We have taken a realistic and pragmatic approach to the inclusion of nuclear and gas in the taxonomy.”
The Kazakh president has described the protesters as terrorists with foreign training, and has given the go-ahead for counter-terrorist action, including orders to “shoot to kill without warning” in the event of further disturbances.
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.
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.