ENERGY

By Tsvetana Paraskova of OilPrice.com

European Union officials are considering the potential introduction of a cap on natural gas prices as part of discussions on a clean industrial deal policy to boost Europe’s industry.

Europe is losing competitiveness due to the European gas prices which are up to four times higher than those in the United States.

A cap on prices is being discussed at the European Commission ahead of next month’s release of the so-called Clean (more…)

Authored by Tsvetana Paraskova via OilPrice.com,

Despite soaring solar and wind power installations, China launched construction of as many as 94.5 gigawatts (GW) of new coal power projects in 2024, the highest level since 2015, new research showed on (more…)

Authored by Bonner Russel Cohen via RealClearEnergy,

China is the only country in the world that can seriously challenge America’s longstanding status as the globe’s top dog. And a rejuvenated United States is the only thing standing in the way of an ambitious China ascending to the peak of the heap. The reemergence of a bipolar world in the 21st century – replicating the old U.S.-U.S.S.R. rivalry of the Cold War era – is the no-longer-to-be-ignored reality of our time. (more…)