Gas prices in Europe skyrocketed by 20% after Gazprom refuses to increase transit through Ukraine
19 Oct 2021
The price of November natural gas futures on the Dutch TTF hub increased by more than 20%, reaching 107.77 euros per MWh as of 13:20, or $ 1317.9 per thousand cubic meters.At the opening of trading on the ICE exchange, the price was at $ 1,054.1 per thousand cubic meters.…
The EU recommends Ukraine to increase CO2 bills
15 Sep 2021
Ukraine should be bolder in raising CO2 bills without shifting the burden of financing decarbonisation to taxpayers. This was stated by the Ambassador of the European Union (EU) to Ukraine Matti Maasikas, reports mind.ua. "The polluter must pay," the statement said. "The authorities need to work with this more boldly."…
In Europe, there is a tendency to reduce coal production and use
07 Sep 2021
Europe has accelerated the reduction of coal production and use in 2019. According to the European Commission, significant results have been achieved through efforts to decarbonise the bloc's economies, world-energy.org reports. In 2020, coal consumption decreased by 35% compared to 2018, while the use of brown coal decreased by 33%.…
Ukraine will develop a procedure for issuing guarantees of origin of electricity from renewable sources.
31 Aug 2021
The relevant draft resolution of the Cabinet of Ministers of Ukraine will be developed by the Ministry of Energy, expro.com.ua reports. "The launch of a mechanism to confirm that electricity is produced from renewable sources will potentially lead to a reduction in cross-subsidization in the electricity market and the tariff…
Ukraine uses more resources than it can reproduce
17 Aug 2021
Since August 8, Ukraine has been living in environmental debt, ie it uses more resources than the environment can reproduce in a year. The chairman of the State ecological inspection Andrey Malovany reported about it, transfers mind.ua. "This date was calculated by researchers from the Global Footprint Network, which annually…
Ukraine needs more than € 100 billion to reduce emissions to 35%
27 Jul 2021
Ukraine needs more than € 100 billion in capital investment over the next 10 years to reduce emissions to 35% of 1990 levels. The Prime Minister of Ukraine Denis Shmygal said this during a speech at the Ukrainian Energy Forum, ukrinform.ua reports. "We have been actively involved in shaping the…
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