Reliance on external advisers has drawn criticism for potential conflicts of interest
‘Somewhat counterintuitive’ indeed
Governments have no easy options to remove the link between gas and power prices
Its extraterritorial, prescriptive and paperwork-heavy requirements will restrict access to supply options
Also in this newsletter: Could the Mercosur trade deal actually harm growth?
Plan will hit Rosneft refinery that supplies most of German capital’s petrol, kerosene and heating fuel
Iran war keeps prices high despite consumer demand dropping as heating season ends
Crisis shows Europe’s need to reduce dependence on imported fossil fuels, says Wopke Hoekstra
The bloc took 97% of the cargoes from the vast Yamal LNG project in Siberia in the first three months of year
Proposed changes offer ‘flexibilities’ to strict requirements due to be imposed on fossil fuel importers
Also in this newsletter: Italy calls for looser EU spending rules
Countries in Asia and Europe are turning to coal to power their economies but analysts argue solar will be a long-term winner
Repeated cost shocks make a transition to cleaner energy critical
Power-starved Cuba deepens reliance on Chinese solar tech
Excessive spending to cushion soaring prices would have ‘serious fiscal implications’, says economy commissioner
Energy commissioner says bloc is assessing fuel rationing and releasing more oil from strategic reserves
Katherina Reiche’s call comes as Berlin launches investment summit to help revive Europe’s largest economy
Also in this newsletter: US criticises ‘unfortunate’ conditions added to EU trade deal
Also in this newsletter: Drones enter Finnish airspace as Ukraine hits Baltic ports
The 2026 ranking highlights the businesses that are flourishing in uncertain times. From financial services driving growth in London to a personalised dog food brand in Italy. Plus the role of venture capital and France’s tech hub success
Energy security arguments being pushed in response to review of EU policy
European Commission proposes steps to try to reduce demand for energy from households and industry
Report into last year’s catastrophic outage says the problem did not lie with solar and wind power
Also in this newsletter: Macron urges Brussels to counter election interference
Whatever happens in the Middle East, European prices are unlikely to rise as much as they did in 2022