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Energy

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...

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...

EU: Greece Plays Important Role in Independence from Russian Gas

Greece will play a significant role in developing independence from Russian fuel in Southeastern Europe, which currently relies heavily on fuel from the country, according to the European Commission. Infrastructure for transit and imports that is currently under construction in...

Inflation in Greece Hits Double Digits at 10.2 Percent

Greece's annual consumer inflation jumped to its highest level in 28 years in April at 10.2 percent on the back of surging costs for energy, housing, transportation and foods, official data showed on Tuesday. The increase of inflation by 2.1...

Tourism in Greece Hit by Staff Shortages

Tourism in Greece for summer 2022 is threatened by staff shortages and spiraling energy costs, officials have warned. Tourism is Greece's key industry providing a quarter of Greece's national income. A record number of tourists are expected this year following...

Outgoing Ambassador to Greece Geoffrey Pyatt Gets Energy Job

US President Joe Biden has announced his intent to nominate Geoffrey Pyatt, the outgoing Ambassador to Greece, as Assistant Secretary of State for Energy Resources. Pyatt has served in Greece since 2016, an unusually long run for an Ambassador, and...

EU: How to Reduce Your Energy Bills and Dependency on Russia

This week, the European Commission and the International Energy Agency outlined a range of simple steps that people and governments can take to reduce energy bills, dependency on Russian energy, and help the environment. According to the plan, if all...

Greek PM Mitsotakis Discusses Economic Impacts of Ukraine War

During a panel at the Delphi Economic Forum on Saturday, Greek Prime Minister Kyriakos Mitsotakis discussed the economic impacts of the war in Ukraine on both Greece and Europe as a whole. Mathias Cormann, Secretary-General of the Organization for Economic...

A Solar Power Station in Space? Here’s How it Would Work

The UK government is reportedly considering a £16 billion proposal to build a solar power station in space. By Jovana Radulovic Yes, you read that right. Space-based solar power is one of the technologies to feature in the government’s Net Zero...

Greece, Italy, Spain, Portugal Push for Energy Market Reform

The leaders of Greece, Italy, Spain, and Portugal agreed on Friday to push the European Union to reform the energy market and reduce prices. In statements after remotely participating in a quadrilateral summit held in Rome, Greek Prime Minister Kyriakos...