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Keyword: energymarkets

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  • Fourth leak found in Nord Stream pipelines

    10/01/2022 6:05:22 PM PDT · by Roman_War_Criminal · 21 replies
    Watchers ^ | 9/29/22 | Watchers
    The Swedish Coast Guard (SCG) said they found a fourth leak in Nord Stream pipelines on September 29, 2022, just 3 days after underwater explosions severely damaged two Nord Stream 1 pipes and one Nord Stream 2.1 NS 1 and 2 are key underwater pipelines built to deliver Russian natural gas to Germany. Nord Stream AG – a Switzerland-based consortium for the construction and operation of the Nord Stream (Nord Stream 1) said earlier this week the damage is unprecedented. Due to the severity of the damage, the repairs would take several months or more. The fourth leak was detected...
  • EU unveils vast plan to merge 28 energy markets

    02/25/2015 6:15:20 AM PST · by Olog-hai · 3 replies
    Associated Press ^ | Feb 25, 2015 8:18 AM EST | Lorne Cook
    The European Union’s executive has unveiled a vast plan to boost coordination between the EU’s 28 national energy markets to wean Europe off unstable Russian gas supplies and provide cheaper energy for consumers. European Commission Vice President Maroš Šefčovič on Wednesday called it “undoubtedly the most ambitious energy project” since the inception of the EU over half a century ago. He believes that improving links across borders in Europe’s energy grid could save businesses and consumers up to €40 billion ($45.4 billion) a year. A more energy-independent Europe will also increase the EU’s political options in eastern Europe. […] “Our...