Saudi Arabia and Greece have agreed to form a technical team to carry out studies about the prospect of Saudi Arabia exporting electricity and hydrogen to Europe via Greece. This proposal was contained in the joint statement issued by the two countries at the end of the two-day official visit of Crown Prince Mohammed Bin Salman to Greece. The statement affirmed the distinguished and strong relations between the two countries and their common desire to upgrade them to a strategic level. The Crown Prince and Prime Minister Kyriakos Mitsotakis of Greece praised…
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EU Members Clash Over Natural Gas Consumption Plan
uropean Union officials are discussing on Monday revisions to plans unveiled last week for cutting natural gas use by 15% by next spring after several EU member states expressed concerns about the target for reduction, a draft document seen by Bloomberg showed. Last week, the European Commission unveiled measures for the EU to conserve gas in the face of risks of further reduction or a shutoff of Russian gas deliveries, asking member states to reduce gas consumption by 15% until the spring. The Commission proposed a new legislative tool and…
Read MoreRussia’s Gazprom says new turbine halt will further cut gas to Germany
Russia’s Gazprom said on Monday it was halting another turbine in the Nord Stream 1 pipeline to Germany and the flow of gas, already at just 40% of capacity, would fall by another half from Wednesday. The new blow to supply comes at a moment of high tension as Russia and the West exchange economic blows in response to Moscow’s actions in Ukraine. The European Union has accused Russia of resorting to energy blackmail, while the Kremlin says the gas disruption has been caused by maintenance issues and the effect…
Read MoreFive export-oriented sectors: ECC decides to increase RLNG rate to $9 per MMBTU
he Economic Coordination Committee (ECC) of the Cabinet has decided to increase the RLNG rate to $9 per MMBTU for five export-oriented sectors across Pakistan and gave approval for an increase in indigenous gas price for export-oriented sectors at Rs1,350 per MMBTU and for the general industry at Rs1,550 per MMBTU. The meeting of the ECC presided over by the Minister for Finance, Dr Miftah Ismail, on Monday, was submitted a summary by the Ministry of Energy with regard to RLNG rate at $9 per MMBTU, all inclusive to five…
Read MoreLONGi And Global Professionals Discuss Module Size Design at ‘Roundtables Europe 2022
During the pv magazine organised Roundtables Europe 2022, the key issues of photovoltaic and energy storage technology were debated by industry professionals from LONGi, PI Berlin, the Austrian National Institute of Technology (AIT) and the European EPC Belectric. In a session entitled ‘Module design choices, reliability and revenue expectations’, the group discussed issues including whether there is an optimal module size in terms of reliability and LCOE and how to select reliable photovoltaic modules. The experts pointed out during the session that one of the most important indicators for module…
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