Tool to harness bloc’s buying power led to contracts for just 2% of potential demand, say people with access to data
Existing regime not strong enough for companies to exit long-term contracts, says energy minister
Premier raises alarm over ‘extreme’ prices in southern Europe from undercapacity and Ukrainian demand
Increased risk and lack of price incentives diminish appeal of the country’s facilities
Viktor Orbán’s government defies EU pressure to reduce reliance on fossil fuel from Moscow
European Commission rejects complaints that Ukrainian sanctions on Lukoil threaten security of supply
Kyiv examining plan to replace Russia gas supplies with fuel from Azerbaijan
Also in this newsletter: a record heatwave takes its toll in Greece
Short-term contracts leave Baku unable to raise investment needed to meet demand from bloc, says Azeri envoy
Rome plans to allow investments in small reactors as part of a bid to lower the country’s carbon emissions
Also in this newsletter: Germany and Turkey locked in diplomatic spat over a hand gesture
Work on energy transition project in Rotterdam will be further delayed
First-ever measures against Russia’s gas part of latest restrictions against Moscow
Rise in market share highlights difficulty of weaning the region off Russian energy
Volodymyr Zelenskyy says Russia has taken out half of his country’s electricity generating capacity
Rise highlights continuing market unease despite close to record levels of storage
Strategy for transmission networks needs a rethink to avoid rising costs
Central and eastern member states say expensive transit tax is damaging energy diversification efforts
Older workers in demand as western companies prepare for biggest wave of new projects in decades
Revised figure comes as impact of Red Sea trade disruption proves milder than expected
With one more careful push, the bloc could wean itself off Moscow’s gas entirely
Naftogaz chief executives highlights air strikes targeting natural gas tanks used by European countries
The bloc has avoided an energy crisis, but the short-term solutions could harm competitiveness and the green transition down the line
Warning comes as Nordic and Baltic countries seek total ban on imports of the fuel from Moscow
Also in this newsletter: the far-right politicians descending on Brussels