Bulgaria’s Controversial Gas Agreement Faces EU Scrutiny | ZeroHedge

Authored by FRE/RL Staff via OilPrice.com,

  • The agreement signed in January 2023 between Bulgargaz and BOTAS is being scrutinized by the EU.

  • Analysts had raised fears that the deal might allow a "back door" for Russian gas imports into Bulgaria.

  • Bulgaria's Energy Ministry and Bulgargaz confirmed receiving a request for information from the European Commission regarding the gas deal.

The European Commission is investigating a deal allowing Bulgaria to (more…)

Continue ReadingBulgaria’s Controversial Gas Agreement Faces EU Scrutiny | ZeroHedge

German Coal Plants May Have To Remain On Standby Longer Than Planned | ZeroHedge

Authored by Tsvetana Paraskova via OilPrice.com,

The German government is considering whether to extend the period in which old coal-fired power plants would be asked to remain on standby for emergency backup beyond the currently planned deadline in the spring of 2024, German business daily Handelsblatt reported this weekend, citing a spokeswoman for the economy ministry.

Without Russian gas, last year’s energy and gas crisis in Germany, and in Europe, has been keeping (more…)

Continue ReadingGerman Coal Plants May Have To Remain On Standby Longer Than Planned | ZeroHedge

World’s Electric Grids Incapable Of Supporting Renewable Energy Goals: Agency | ZeroHedge

Authored by Naveen Athrappully via The Epoch Times (emphasis ours),

Electricity pylons stand in a row leading to the Unterweser nuclear power plant on March 21, 2011 near Stadland, Germany. The energy grid is among the critical infrastructures that experts are trying to protect from cyberattacks. (Sean Gallup/Getty Images)

Electricity grid capacity available in the world isn't keeping pace with the rapid growth of "clean energy" technologies, possibly putting (more…)

Continue ReadingWorld’s Electric Grids Incapable Of Supporting Renewable Energy Goals: Agency | ZeroHedge