T: 01242 620894 E: info@mypoweruk.com

Germany to be the distribution hub for Russian gas

Ugly politics and barely disguised national self-interest run all through this story in the FT about Germany’s support for the Nord Stream 2 pipeline. The Russian project will bypass Ukraine (which is being punished by Russia for moving its political alliances westwards) and will make Germany the distribution hub for Russian gas. It will make Germany’s gas supplies cheaper and so Germany is all over this project; others in the EU see this as a threat to EU unity on its energy policy.

German industry is rightly worried about energy costs and may be content to hold its nose and accept dependence on Russian gas to guarantee supply; where this leaves Europe in the longer term is uncertain.  Perhaps someone to ask the Ukrainian people about their experience.

Read more in the FT...

                                            

 

News Headlines

BMW facing a threat in modern EVs

Maserati is bringing the first electric GT coupe to the market

A rapid transition to electric buses is happening

The roll-out of Shell's European fast charging network has started

Nike close to running on almost 75% renewable energy

We're impressed with these new EV chargers in London

Rolls-Royce has its eye on an electric plane future

Russian gas exports to the EU are set to rise by a staggering 25% by 2020

Audi has announced another new EV

Coal is King no more

Possible rethink on the plan to withdraw export tariffs from solar generators

More problems with UK nuclear energy have come to light

VW is preparing for an EV future

Spain's 'sunshine tax' is set to be abolished

Italian cities are set to become much more peaceful

Diesel car sales are falling fast, the same can't be said for EVs and hybrids...

EasyJet is trialling a new 9 seat electric airplane

DS Automobiles is the latest to announce a new EV model for 2019

Bentley and Jaguar Land Rover are seeing a decline in profits

How businesses can stop catastrophic climate change and benefit themselves