The bloc has avoided an energy crisis, but the short-term solutions could harm competitiveness and the green transition down the line
Warning comes as Nordic and Baltic countries seek total ban on imports of the fuel from Moscow
Also in this newsletter: the far-right politicians descending on Brussels
Intervention comes as EU leaders prepare to debate bloc’s economic competitiveness
Markus Krebber says there will be ‘significant structural demand destruction’ in energy-intensive sectors
Energy dependency turns out not to have been as effective a weapon as Putin thought
Analysts say region may hit replenished capacity targets by summer
Alexander De Croo urges bloc not to replace one energy dependency for another
There never was such a thing and to base policy on it would be a serious mistake
Falling capacity pushes up premiums for diesel ahead of crude
Also in this newsletter: EU imports of Russian LNG decrease for first time in six months
Advanced economies break link between growth and carbon pollution but developing economies remain dependent
This year’s ranking highlights businesses that have achieved rapid revenue rises while grappling with the effects of Covid-19, war, and an energy crisis
Regional benchmark trades at lowest rate since Russia began curtailing supplies to Europe in 2021
Austria, Czech Republic, Hungary and Slovakia say Berlin levy could increase ‘geopolitical dependency’ on Moscow
Siegfried Russwurm says government’s climate agenda is ‘more dogmatic than any other country I know’
Also in this newsletter: Why the EU’s new clean tech rules are contested by the renewables industry
Moving clean energy around is an oft-touted solution but steelmakers might also wish to rethink their inputs
High storage levels push TTF benchmark to near five-month low
Also in today’s newsletter, why carbon emissions pricing could become a material risk for shipowners
Country’s LNG exports to Europe decreased slightly in 2023 compared with previous year
Companies respond to higher energy prices by cutting back domestic production
War-torn country’s tanks enable continent to keep its own facilities close to capacity
Industrial groups and start-ups are working on reactor designs that can use recycled fuel
Agreement will give Europe’s biggest economy enough gas to cover a third of its industrial demand
