Energy
Energy
Spain Bans Air Conditioning from Dropping Below 27°C
Spain recently announced measures to reduce energy consumption by preventing offices, shops, and other venues from setting air conditioning below 27°C in the summer.
The move follows EU countries' attempts to limit dependency on Russian gas. Although Spain is not...
Energy
Greece Approves First Offshore Wind Energy Law
Last week, Greece's parliament approved a law on the development of offshore wind energy, as the country aims to install at least 2 GW in offshore wind farms by 2030.
According to the law, sea areas offered for concession will...
Energy
Greece to Switch Off Floodlit Monuments Earlier to Save Energy
Greece will switch off floodlit monuments earlier as part of an EU-wide drive to reduce energy reliance on Russia and burn fifteen percent less gas this winter, Environment and Energy Minister Kostas Skrekas said on Sunday.
In an interview with...
Energy
Russia Sends Billions to Turkey for Nuclear Plant Construction
Russia is transferring billions of dollars to Turkey for the construction of the Akkuyu nuclear power plant in southern Turkey, Bloomberg reported on Friday.
Russian state-owned company Rosatom sent around $5 billion last week to its Turkish subsidiary which is...
Business
Greece and Saudi Arabia Sign Key Energy Deal
Greece and Saudi Arabia have signed a memorandum of understanding for cooperation in several areas related to the energy sector during the official visit of Crown Prince Mohammed bin Salman bin Abdulaziz to Athens.
The MoU was signed by Prince...
Energy
EU Nations Urged to Cut Gas Usage Amid New Putin Warning
The European Union (EU) told member states on Wednesday to cut gas usage by 15 percent until March as an emergency step after President Vladimir Putin warned that Russian supplies sent via the biggest pipeline to Europe could be...
Energy
Mysterious Heartbeat Radio Burst Discovered in Space
Astronomers have detected a mysterious fast radio burst in space with a pattern similar to a heartbeat with a signal estimated to come from a faraway galaxy roughly a billion light-years away.
In a study detailing the findings published in...
Energy
Greece to Use Lignite Again as Fuel Alternative Due to Energy Crisis
Greece is planning to ramp up the use of lignite as an alternative power source to natural gas, which has become extremely expensive in the wake of the war in Ukraine.
Lignite, or brown coal, is formed from naturally compressed...
Energy
Greece, Bulgaria Launch Natural Gas Pipeline to Cut Russian Reliance
Greece and Bulgaria opened the natural gas pipeline on Friday following the completion of the construction phase, the project company developing the facility, ICGB, said.
The pipeline will supply natural gas originating in Azerbaijan to Bulgaria, whose vital supply of...
Energy
Giant Sunspot Doubles Size in 24 Hours and Points Right at Earth
A huge sunspot that has doubled in size in just 24 hours now faces Earth, threatening to send a solar flare our way.
The sunspot known as AR3038 has been growing in size recently, and footage from NASA's Solar Dynamics...
Business
Greek State TV Shows How to Steal Gas From Cars, Prompting Criticism
Greek state TV ran a news segment on Wednesday showing viewers how to steal gas from cars, prompting criticism at a time when the nation's average fuel price is now over 2.4 euros ($2.53) per liter.
During the morning broadcast...
Economy
Germany Restarts Coal Plants After Russia Severs Gas Supply
Germany will reopen its high-polluting coal power plants after Russia cut off its gas pipeline to Europe.
The emergency decision announced Sunday came as Germany tries to avert a supply shortage and as the continent struggles to respond to reductions...
Energy
The University of Panama and Greenwood Energy Launch Environmental Educational Partnership
The University of Panama (UP), the largest university in the country, and Greenwood Energy (GWE), a renewable energy subsidiary of the Libra Group, recently announced the launch of the ɅLMɅ MɅTER public-private partnership for the development of a new...
Economy
High Gas Prices the Result of Fiscal Policy Says Calamos CEO Koudounis
As the US national average gas price hit $4.6 per gallon, Calamos President & CEO John Koudounis says that this is mainly due to the fiscal policy pursued by the Biden administration.
In his May 30, 2022, conversation with Fox...
Energy
EU Agrees on Partial Ban of Russian Oil Imports
European Union leaders have agreed on a plan to block more than two-thirds of Russian oil imports after late-night talks at a summit in Brussels.
The president of the European Council, Charles Michel, hailed the deal as a “remarkable achievement”,...