Russia says its natural gas is the best deal on offer for Europe
Prime Minister of the UK, Theresa May, has said she wants to find alternative sources of natural gas beyond Russia, where Energy Minister, Alexander Novak, urges policy makers to keep diplomatic and commercial relationships separate.
by Elena Mazneva and Annmarie Hordern, bloomberg
Russia, embroiled in a deepening rift with the UK over the poisoning of a former spy, moved to remind Europe that it's the most flexible and reliable source of energy needed by the continent.
EU must introduce requirements for local production in the wind industry, says Jupiter Bach’s CEO. Otherwise, Europe will lose production and the knowledge needed to regain its footing.
A manufacturing presence in North America is crucial, says the CEO on the return to the US, where the aim is 2.5GW per year using both Germany’s largest turbine and an as yet unknown product.
Under the new management, Jupiter Bach has transformed the business from huge losses to a profit. However, the chief executive admits that coincidence has played a significant part.
Norlys Energy Trading is currently investing in growth, but competition for the best people has never been so intense, says the head of the energy trading company.
In the midst of an arbitration case with back-and-forth claims over a record-breaking turbine order, an Indian project developer now sues Siemens Energy to prevent the manufacturer’s departure.
EU must introduce requirements for local production in the wind industry, says Jupiter Bach’s CEO. Otherwise, Europe will lose production and the knowledge needed to regain its footing.
The political trend towards marginalizing China is dangerous, says Siemens Energy’s hydrogen chief, who is confident about the German company’s abilities despite the much cheaper Chinese plants.