... trend opens up opportunities—from developing solar and wind projects to modernizing grid infrastructure and energy storage systems. Electricity Sector: Decrease in Generation and Rise in Tariffs In the electricity sector of Russia, total electricity ... ... resources. The import of Russian oil and petroleum products into the EU has effectively ceased due to the existing embargo, while pipeline gas supplies have been reduced to minimal volumes. The European Union is actively developing infrastructure for LNG reception ...

... presents vast opportunities—from developing solar and wind power projects to modernizing grid infrastructure and energy storage systems. Electric Power Sector: Decreased Output and Increased Tariffs In the electric power sector in Russia, a slight decline ... ... carriers. Imports of Russian oil and petroleum products into the EU have effectively ceased due to the existing embargo, and pipeline gas supplies have been reduced to minimal amounts. The EU is actively developing infrastructure for receiving LNG (new ...

... marking a record figure for the first summer month. High gas reserves allow Europe to feel more secure: despite the reduction of pipeline supplies from Russia, EU countries are compensating with record volumes of LNG from the US, Qatar, and other exporters.... ... displaced coal generation: the variable nature of solar and wind output is compensated by gas capacities and energy storage systems. All of this indicates a global turning point: investments are shifting towards RES, and carbon-intensive sectors must ...