This section explores trends in electricity demand, power systems, energy security, geopolitics, grid investment, and decarbonisation, and how they are shaping future energy costs and the global energy transition.
Energy Markets
Russian energy giant Gazprom has permanently stopped gas supplies to Western Europe via Nord Stream 1, giving the reason for equipment issues. The European Commission (EC), anticipating the situation earlier this year, had already urged countries to cut their gas use by 15% from August.
Energy Markets
The world creates 2.01 billion tons of municipal solid garbage each year. With the world's population already crossing 7.7 billion, the waste will only go up unless they are sorted out and upscaled.
Energy Markets
A tradition of importing gas and oil from Russia became more common during the decade after WWII, when the Soviet Union’s relationship with Western Europe flourished and Russia started delivering gas, oil, and coal, making mainly Ukraine the transit point.
Energy Markets
Today, the world's eyes are focused on the Russia-Ukraine crisis. Different countries have taken different interpretations of the situation, but they all agree on one thing: there should be no war. At the moment, the most they can do is to put sanctions against Russia and provide aid to Ukraine.