An important event took place in late April 2023: Rosatom, a state corporation of Russia, delivered the first batch of nuclear fuel to the Akkuyu Nuclear Power Plant in Turkey. Around the same time, several European leaders announced that they were not going to impose and support sanctions against the Russian nuclear power industry since it…
Some analysts and politicians are saying the EU has sorted out its energy problems – but that’s not entirely true Amid the European Union’s looming energy crisis and attendant signs of social unrest, some are now painting a rosier picture of what’s in store for the bloc. Journalists and academics are now pointing to a…
“Rejection of Russian energy resources means that Europe will become the region with the highest energy costs in the world. This will seriously undermine the competitiveness of European industry which is already losing the competition to companies in other parts of the world…. Our Western colleagues seem to have forgotten the elementary laws of economics,…
This could quickly catalyze a chain reaction of events whereby European production grinds to a halt, including possibly within its German economic engine. The socio-political consequences could be tremendous since people have already shown how rebellious they’re becoming after organizing massive rallies against their governments’ epidemiological policies that were imposed on the pretext of containing…
Italy is officially becoming the first country to start rationing energy after cutting their supply of Russian gas and oil. From next month, until at least March 2023, public buildings across the nation will be banned from running air conditioning at lower than 25 degrees, or heating higher than 19 degrees. The plan, termed “Operation…
“Energy makes energy anyhowSo spend yourself and get rich right now”— Marillion “Rich” This day has been a long time coming. From the moment, more than a decade ago, when it was finally admitted that Europe was destined to be an energy importer, we were going to see the climax of the showdown between the…
