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Europe
02/16/2024
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By News Editors
Net-zero is pulling the plug on America’s electrical ‘life support system,’ new documentary says
Electricity is among the most essential sources of America’s unparalleled prosperity and productivity; it is also the greatest vulnerability. (Article by Kevin Stocklin republished from TheEpochTimes.com) The United States has become so utterly dependent upon an uninterrupted supply of affordable electricity that, as our grid becomes ever more fragile, American society has become fragile along […]
01/25/2024
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By Ethan Huff
Qatar postpones all LNG shipments to Europe as Red Sea tensions rise
One of the world’s most critical trade routes, the Red Sea, is in the line of fire as tensions in the Middle East rise. As a result, Qatar is postponing all shipments of liquefied natural gas (LNG) to Europe as a precaution. The world’s second-largest LNG exporter, Qatar notified certain European purchasers that their shipments […]
10/31/2023
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By Arsenio Toledo
EU worried about diesel and oil supply shocks caused by Israel-Palestine conflict
European Union (EU) officials held an emergency meeting on Friday, Oct. 27, to discuss the potential for the continent to experience energy supply shocks stemming from the ongoing conflict between Israel and Palestinians in Gaza. EU Commissioner for Energy Kadri Simson called the emergency meeting to discuss potential issues should the supply chain disruptions caused […]
08/17/2023
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By Laura Harris
India not turning away from Russian Urals crude even as discount to global benchmarks narrows
Indian buyers see no reason to turn away from Russian Urals crude even as the discount to global benchmarks narrows. They argue that similar-quality barrels from the Middle East remain more expensive. In 2022, Russia became the leading supplier of crude due to affordable prices and good control of energy inflation. Earlier this year, the discount […]
06/02/2023
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By Cassie B.
Germany falls into RECESSION amid high energy prices and drop in consumer spending
Germany, home to Europe’s biggest economy, has now fallen into a recession as consumer spending drops in the wake of higher energy prices. During the first quarter of the year, the company’s GDP dropped by 0.3 percent, following a contraction of 0.5 percent during the last quarter of 2022. This meant Germany met the definition […]
05/24/2023
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By Laura Harris
IEA report: Nearly 80% of Russian crude oil has been rerouted from EU to China and India
The vast majority of Russian oil exports had been rerouted to China and India as Moscow continues to reduce its dependence on the European Union (EU) oil trade. In April, Russian oil exports reached their highest level in 14 months, with almost 80 percent heading to Asian markets due to Western sanctions, according to a recent report by the International […]
04/19/2023
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By Oliver Young
Renewables NOT ENOUGH to cover Europe’s energy needs
Solar and wind combined to produce more electricity than natural gas-fired power plants in Europe last year. But renewable energy is not enough to cover the declining hydro and nuclear output across the continent. Last year’s droughts in Europe caused severe declines in hydropower electricity output. In Spain, for instance, hydropower output dropped by almost half […]
03/31/2023
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By Ethan Huff
ENERGY CRISIS: Norwegian ammunition maker says “storage of cat videos” threatens its expansion as data centers scrounge for spare electricity
One of Europe’s largest manufacturers of ammunition for firearms is having trouble expanding its factory capacity due to the ongoing energy crisis. According to Norway-based Nammo, which is co-owned by both the Norwegian government and a Finnish state-controlled defense company, blames TikTok for the roadblock. The social media app, the company claims, is hogging all […]
03/08/2023
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By Oliver Young
Study: Germany’s power grid on the brink of collapse
Analysts believe Germany’s power grid is on the brink of collapse and are predicting power outages that could last almost an entire a day in some instances. A local McKinsey study determined that the country will lack four gigawatts of power capacity by 2025 and 30 gigawatts by 2030. “So, we’re heading toward a significant shortage: 30GW […]
03/01/2023
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By Ethan Huff
Food shortages are coming to Europe, and it can all be traced back to the U.S. destruction of Nord Stream
Energy costs are now so high across the United Kingdom that the country’s agriculture system is showing signs of a collapse. Many U.K. farmers were unable to use greenhouses to plant winter crops this year because the costs of doing so have reached epic highs. Consequently, some fresh produce is now having to be rationed, […]
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