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An astonishing change has taken place in the prices of used electric cars between December 2021 and May 2022: While just six months ago there was a drastic drop in prices even for young used e-cars, some models are now more expensive than new cars. How is this possible? Status December 2021 There have been […]

According to the Finnish energy company Gasum, Russia stopped gas deliveries to Finland on 21 May. This was also confirmed by the Russian state-owned company Gazprom Export. Gazprom Export refers to outstanding payments for gas delivered in April. The Finnish company Gasum has confirmed that it does not accept the Russian demand to pay for

The planned oil embargo against Russia is increasingly threatening to come to nothing. Although several states are already no longer importing Russian oil, Russia is selling more oil than before the war. Now the EU wants to ban European tankers from transporting Russian oil. However, Greece, Malta and Cyprus do not want to participate in

In France, the state-owned energy company Electricite de France SA (EDF) has revised its nuclear power target downwards for the third time this year. The power supply in France is thus becoming increasingly critical. The nuclear power plants operated by EDF form the backbone of the European interconnected system. France is traditionally an electricity exporter

The US is debating the regulatory process of modular nuclear power plants. The commissioning of a modular reactor helps to improve energy supply and reduces dependence on coal and gas. But to make it happen soon, the licensing process needs to be sped up. Building large, conventional nuclear power plants is slow and expensive. That

Federal government ministers want motorists to switch to electric vehicles. In doing so, they never miss an opportunity to point out the associated climate protection and, more recently, to reduce dependence on Russian energy sources. To this end, the government encouraged motorists to buy an electric vehicle with lavish subsidies. With so many arguments, one

Both to achieve climate protection targets and to reduce dependence on imports of natural gas, oil and coal, motorists should switch from combustion engines to electric drive. For this reason, the state subsidizes the purchase of an electric car with up to 6,000 euros. The question is whether an electric car really does produce zero

When politicians talk about a gas and oil embargo, they mainly talk about fuels, heating and power generation. It is impressive how little they know about the value chains in German industry. The fact that gas and oil are also important feedstocks for the chemical industry is virtually unnoticed. Gas and oil produce important basic

The drastic rise in energy costs is forcing not only private households to save, but also local authorities. Now, the first cities are planning savings in street lighting. High electricity price forces cities to save on street lighting Alexander Handschuh of the German Association of Towns and Municipalities considers reduced street lighting to be one

The horror scenario for power grid operators is a widespread power failure, a so-called blackout. A blackout can have many causes. Weather or natural disasters, hacker attacks, technical defects, sabotage or an overload of the networks can lead to it. The major network operators are now preparing for a large-scale blackout. Ampirion and TransnetBW, two

Large energy consumers from industry are considering limiting the use of gas-fired power plants. The goal is to conserve gas reserves. While the Association of the Industrial Energy and Power Industry (VIK) is backing coal-fired power plants, Habeck advocates a pragmatic approach. VIK relies on coal-fired power plants to conserve gas reserves The Association of

According to the coalition agreement, the traffic light regime wants to completely abolish the subsidy for electric cars from 2025. Currently, buyers of electric cars receive an environmental bonus of up to 9,000 euros. However, according to the coalition agreement, the subsidy for an electric car will only amount to 4000 euros from 2023 and

For a few days now, less and less gas has been coming to Germany. Now Ukraine has throttled the transport of Russian gas via the pipelines through its country. At the same time, Russia is threatening a gas embargo if the EU countries do not pay for the deliveries in roubles. A corresponding supply stop

With an oil embargo, the EU wants to stop its own oil imports from Russia so that Putin can no longer finance the war in Ukraine with the revenues. However, this measure is not nearly as effective as those responsible had imagined. Russia has already begun to sell its oil to Asia, as was quite