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Russia has stopped gas supplies to Poland and Bulgaria. This is in response to the fact that both countries refuse to pay for gas supplies in rubles, as Russia has demanded. In this way, Russia is sending a signal to the other European countries that it is serious and will implement its announcements. Germany also […]

Energy prices are rising and the supply situation is becoming increasingly uncertain. Now North Rhine-Westphalia’s Minister President Hendrik Wüst is calling for a postponement of the coal and nuclear phase-out. “Given the current situation, even the German government can hardly come to any other conclusion,” Wüst says. This is how Wüst started the political discussion on

When it comes to climate protection and the associated reduction of CO₂, the discussion repeatedly turns to the use of green hydrogen. The idea is to use it to replace natural gas, to drive cars and to produce steel. Countless companies are working on methods for hydrogen production, its transport and subsequent use. Now, however,

A London court said the extradition of WikiLeaks co-founder Julian Assange to the U.S. on espionage charges could proceed. The government only has to agree to the extradition. However, Julian Assange can still appeal, delaying the legal process for some time. Assange now has four weeks to give his account in writing to British Home

In order to quickly become independent of Russian energy sources, Economics Minister Robert Habeck wants to accelerate the expansion of renewable energies. To this end, he wants to shorten approval procedures, reduce the number of objections and give expansion priority over nature conservation. To this end, the federal states are to release at least 2

Following the UK’s exit, Denmark is the EU’s largest producer of crude oil from the country’s own oil fields in the North Sea. However, the Danish government decided last year to phase out gas and oil production completely by 2050. The parliamentarians wanted to gradually reduce the production of oil and gas. Now the government

Industry associations see a massive slump in residential construction in Germany by 2023 at the latest. They see this as being caused by both a shortage of materials and a sharp rise in prices. In addition, funds for the new KfW subsidy were completely used up after just a few hours. This means that no

Authorities are sounding the alarm: the war in Ukraine is increasing the risk of a cyberattack on the public power grid. The consequences could be catastrophic. Germany is still too ill-prepared for such a horror scenario, warns the GDV insurance association. The Federal Office of Civil Protection and Disaster Assistance (BBK) shares this view. The

After deciding last week to stop buying coal from Russia, European governments will begin a debate this week on a more ambitious goal. Moving away from Russian oil. European Union lawmakers in Brussels are trying to make an oil embargo the focus of the next economic measures against Russia over its invasion of Ukraine. However,

Due to the war in Ukraine, grain exports on the Black Sea have come to a virtual standstill. As a result, grain prices are rising, because the threat of shortages means that traders around the world are buying at virtually any price. According to Ukrainian Agriculture Minister Mykola Solsky, Ukraine used to export a good

The inflation rate in Germany is rising and rising. It has now already reached its highest level in 40 years. Whether it’s energy for heating or food prices, consumers are having to dig deeper into their pockets from week to week. There seems to be no end in sight to the price increase. Highest inflation

Economics Minister Habeck is currently revising a law that would make it possible to expropriate energy suppliers in an emergency. The expropriation of energy suppliers is to be the last resort to secure supplies in the event of a severe energy crisis. The legal basis for this is to be laid by amending the Energy

The cold spell at the beginning of April almost led to another nationwide blackout in France. The French were lucky that the cold spell only came in April, because at that time renewable energies were already producing significantly more electricity than in the previous winter months. The tense situation prompted the French network operator RTE