... facilities. At the same time, European gas storage is filling at record rates, indicating upcoming shifts in consumption. Discussions on these issues are becoming particularly pertinent against the backdrop of global trends, such as the development of renewable energy sources and potential restrictions on gasoline exports. Energy Sector News – Friday, August 1, 2025: Brent Remains Above $72; European Gas Storage at Record Levels At the beginning of August, the global fuel and energy sector is showing moderate growth ...

... Investors are closely watching whether the economic benefits of new export agreements will outweigh the potential downsides of sanction limitations, as this will influence the long-term balance of supply and demand in global energy markets. Electricity and Renewables: Record Consumption and Growth of Green Generation Abnormal weather this summer is setting new records in the electricity sector and emphasizing the importance of renewable energy sources (RES). In China, unprecedented demand on the energy system was recorded in July: peak electricity consumption reached a historic maximum of about 1.5 TW. This level was driven by extreme heat and massive use of air conditioning. Nevertheless, ...

... volumes to the European market following the onset of the Ukrainian crisis, thus necessitating that New Delhi seek alternative sources. Furthermore, Indian officials emphasize that the Western states that now condemn India continue to cooperate with Russia ... ... avoid disruptions, authorities and companies are keeping coal plants on standby to compensate for the inadequate stability of renewable energy sources. Political Support: The Trump administration rolled back a number of environmental restrictions and promotes ...

... These measures are aimed at supporting domestic producers who have significantly increased coal production. In 2023, coal production in China exceeded the 2019 level by 23%, reaching 4,710 million tons. Additionally, China is actively investing in renewable energy sources, such as wind and solar power plants, and continues the construction of nuclear and hydroelectric plants. In the first half of 2024, the combined capacity of wind and solar energy in China reached 1180 gigawatts, for the first time exceeding the ...

... This issue is becoming particularly pressing with the approach of the winter season and the growing need for reliable energy sources in European countries. This article will examine the reasons behind this situation, its consequences for Europe, and potential ... ... emphasize the necessity of diversifying suppliers and seeking internal energy stability, for example, through the development of renewable sources and increased gas storage capacity. Possible Measures in Response to Breach of Contracts Strengthening Contract ...