Economy

Europe is betting billions on carbon capture technology as it races toward climate neutrality by 2050. From Norway’s offshore storage hubs to industrial CO₂ networks in Rotterdam, CCS is rapidly moving from pilot phase to strategic infrastructure – despite high costs, regulatory hurdles and growing scepticism. A growing role in Europe’s climate strategy Europe’s path […]

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Europe’s energy transition is being shaped not only by wind farms and solar parks, but also by homes, schools and office buildings. Going forward, modern homes are expected to consume less energy, generate their own electricity and store energy, making households less dependent on gas prices. In Germany, the government can subsidise the replacement of […]

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The Strait of Hormuz is far away but a crisis there could directly affect Europe’s airports. In response, the EU has developed an emergency plan for jet fuel and is exploring ways to address a new vulnerability in its supply security. Industry warnings suggest that, if the blockade continues, shortages could arise even before the […]

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Norway has everything Europe seems to need for a greener energy future: vast hydropower, strong political ties, and direct electricity links to the continent. But behind that promise stand major obstacles – from a weak domestic grid to the lasting pull of oil and gas revenues. Europe is counting on Norway’s clean power – but […]

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In the face of energy crises and high gas prices, not to mention the desire for greater security of supply, the topic of fracking is a recurring one in Europe. At first glance, the idea seems appealing: extracting domestic gas would reduce imports and cut dependencies. In practice, however, the situation is far more complicated, […]

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In Europe, geothermal energy is seen as one of the few renewable sources capable of supplying heat around the clock, regardless of weather conditions, and is therefore expected to help reduce dependence on fossil fuels. Although its market share remains small, political momentum for expansion is growing – particularly in the heating sector. Germany is […]

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A Berlin blackout caused by a January 2026 arson attack was a stark warning that clean power alone will not secure Europe’s energy future. As renewables surge, the real constraint is shifting from generation to flexibility and long-duration energy storage is emerging as one of the most contested tools to close that gap. In January […]

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Electric cars are making a quiet comeback in Europe: by 2025, they had reached a market share of 17.4 per cent in the EU, and as much as 19.1 per cent in Germany. Yet, at 34.5 per cent, hybrids remain clearly in the lead – acting as a bridge between the old and new worlds […]

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The Strait of Hormuz has once again become a source of global alarm – and this time, the issue is not only war, but also the risk of a major energy shock. Disruptions along this route could trigger a surge in oil and gas prices, drive up inflation, and hit the world’s largest economies. That […]

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The “30 Renewable Islands for 2030” initiative, unveiled on 30 November 2023, turns 30 islands and island groups from 10 EU countries into real-world testbeds for the energy transition. Rather than imposing a one-size-fits-all model, it backs each island’s own bottom-up push to break free from fossil fuels and move towards genuine energy independence. When it […]

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Europe is looking ahead: In a new strategy for small modular reactors, the EU is betting on innovation and technological sovereignty. SMRs are not only intended to pave the way for a climate-neutral future, but also to send a strong signal for a self-confident, competitive Europe. In March 2026, the European Union is set to […]

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