... European Union is expected to be dependent on the lithium-ion batteries produced in China as the energy sector of the continent’s several countries was overconnected to Russian gas.
Tensions with Russia over the war in Ukraine have also interrupted energy lines and made the European Union more eager to substitute fossil fuel with green energy. In the meantime, most governments realized that overdependence on Russian gas would lead to political and economic consequences. However, Central Asian oil and gas – an alternative ...
... any cuts will be voluntary and have no mandatory cap. The rest will depend on further developments around many fault lines, including those in Ukraine, the EU itself, and between Russia and the West in general.
The short-term significance of Russian-EU relations in the energy sector is obvious – they will set the tone for the relationship in general for some time.
Nevertheless, they do not seem to have the capacity to remain a priority in the long term. The EU sees its goal as finding a Russian gas-free solution for ...
The energy crunch in Europe; the knee-jerk accusations of Russia having engineered it to win early approval of the Nord Stream 2 gas pipeline
The right approach would probably be to create a special interagency coordinator under a senior official reporting directly to the ...
... First of all, Russia is too important to be let go as some in Bruxelles and Washington would like to, and its role in the energy market is likely to grow even more thanks to the quest for the Arctic. Second, diversification is still a dream for the EU. Energy companies from the old continent look more to their private incomes and national needs than to the overall EU project. Finally, the crisis in Ukraine has not been worth a crisis in the energy market yet, i.e. political tensions do not always imply ...
... and the economic partnership with Russia, vital for his country and many others like Italy, currently lead by democratic prime minister and Schulz-backing Matteo Renzi. “Tough sanctions mean we should tell our citizens: higher gas prices, higher energy prices, and no investments of european companies in Russia. But we should also look for diplomatic solutions which always start with one thing, to look at the shared and common interests” he said. Germany is indeed the world’s first importer of russian gas through the ...
