The next step in the EU's response to Russia's use of natural gas as a political weapon - the Regulations represent the "best" compromise the EU could construct to prepare for the looming threat of natural gas supply disruptions.
Europe
Russia supplies over 30 percent of the European Union's natural gas requirements, setting up for extraordinary disruption events. In this follow up to our previous Ukraine scenario analysis we'll take a deeper look at the ongoing crisis and how NUS is approaching the energy market during these unprecedented times.
Europe
During the past several months, we saw gas prices in Europe reach a peak of €180 MWh. In the event of a Russian invasion and takeover of Ukraine, we most likely will eclipse this level – significantly elevated prices could remain in place for several weeks/months.
Europe
Facing palpable challenges of climate change and environmental degradation, throughout 2021, the European Union (EU) had revised, amended, and added energy and emission targets outlined in the European Green Deal, including the adoption of the Fit for 55 Package into the European Climate Law. This article highlights the key climate change and environmental policies put forward by the EU this past year.
Europe
Over the past several months, electricity and natural gas prices across Europe have spiked. The recent increase has placed incredible pressure on governments, regulators, suppliers, and consumers. While there have been many justifications for the recent price rise, in truth, it is a confluence of several different factors creating the perfect storm.
Europe
Gas prices across Europe have continued to surge, reaching highs seen only a few times before, particularly at this time of year, with European natural gas contracts reaching their highest levels in almost 13 years. So, what's behind this unprecedented rise?
Europe