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EU Still Pays Russia Billions for Energy Despite War
EU countries paid Russia €21.9B for fossil fuels in 2024, more than aid to Ukraine. While Russian oil imports dropped from 30% to 2%, exceptions remain for Hungary and Slovakia. EU plans full ban by 2028.
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Renewable Energy Storage Project Hits Commercial Scale Milestone
A major renewable energy storage project has achieved commercial scale, demonstrating advanced battery capacity dispatchability and grid balancing performance that supports increased renewable integration while maintaining...
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Regional Bloc Signs Cross-Border Energy Trade Deal
Regional bloc signs comprehensive cross-border energy trade agreement establishing new interconnection capacity pricing and renewable integration frameworks to enhance regional energy security and accelerate clean energy transition.
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Massive Russian Attack Cripples Kyiv's Energy Infrastructure
Russia launched massive coordinated strikes on Ukraine's energy infrastructure, causing widespread blackouts in Kyiv and killing a child. The attack involved over 450 drones and 30 missiles, targeting critical facilities ahead...
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Fusion Energy Funding Soars as Commercialization Nears
Fusion energy funding reaches record levels in 2025 with private investment exceeding $2.2B and major demonstration reactors targeting 2027-2030s. China leads government funding while US support declines. Commercial fusion...
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National Plan Funds Home Retrofits for Energy Efficiency
Federal program funds home energy retrofits through Inflation Reduction Act, creating jobs and cutting energy costs with subsidies for low-income households.