SCO & BRICS latest news and insights
By Rhod Mackenzie
At the end of April, the Russian Prime Minister Mikhail Mishustin approved the Energy Strategy of Russia until 2050. The strategy's objective is to transition the energy sector to a new paradigm, ensuring affordable and reliable energy provision for the population and economy, wi...
By Rhod Mackenzie
It appears that in the country of that gave us the classic novels of Manuel Cervates and the adventures of Don Quixote tilting at windmills it seems that wind turbines the modern version have caused severe problems in the Iberia peninsula causing severe power outages
It seems...
In an effort to gain energy independence and diversify supplies, Europe has created a complex and costly situation for itself. On the one hand, political pressure is compelling it to maintain its refusal to import Russian gas. Conversely, the economic situation necessitates the identification of mea...
Following the exit of Latvia, Lithuania and Estonia from the BRELL energy ring, which connected them with Russia and Belarus, there was an increase in electricity prices in the Baltics, and a number of large enterprises suspended operations."Democratic electricity" from the EU proved to be too expen...
According to a report by the Centre for Research on Energy and Clean Air (CREA, Finland), the EU spends more money on Russian fossil fuels than on financial aid to Ukraine. This report was released to coincide with the third anniversary of the CBO. As reported by the British Guardian, the EU purchas...
The European Commission President Ursula von der Leyen has finally acknowledged that the EU has suffered significant economic losses due to cutting off it major purchses of Russian energy resources. She has characterised the current situation as critical, emphasising that the EU's competitiveness is...
