In Short : Governments play a crucial role in protecting consumers during the ongoing energy crisis by ensuring affordable energy access, stabilizing prices, supporting vulnerable households, and accelerating clean energy adoption. Effective policies such as subsidies, energy efficiency programs, renewable energy investments, and market reforms can reduce financial pressure on citizens while strengthening long-term energy […]
Energy Crisis Turns Spotlight on Renewables as Europe Faces Price Surge – EQ
In Short : Rising power prices across Europe, triggered by disruptions in global oil and gas supplies due to the Iran conflict, are accelerating the shift toward renewable energy. Countries with higher renewable penetration are experiencing greater price stability, while fossil fuel-dependent nations face sharper increases. The situation highlights the growing importance of clean energy […]
Iran War-Induced Energy Crisis Accelerates China’s Clean Tech Dominance – EQ
In Short : The Iran war has disrupted global oil supplies, driving prices higher and exposing vulnerabilities in fossil fuel dependence. This crisis is accelerating the shift toward renewable energy worldwide. China, already dominant in clean technology manufacturing, is emerging as a key beneficiary, as rising demand for solar, batteries, and electric vehicles strengthens its […]
Moving from Energy Crisis to Energy Security with Renewables – EQ
In Short : The global shift from energy crisis to energy security is increasingly driven by renewable energy adoption. Solar, wind, and other clean sources reduce dependence on volatile fossil fuel markets, enhance domestic energy production, and stabilize costs. As nations prioritize sustainability and resilience, renewables are emerging as the cornerstone of secure, affordable, and […]
European Household Storage: High Temperatures Drive Up Electricity and Gas Prices, Inventories in Distribution Channel Show Significant Improvement – EQ Mag
Electricity and gas prices in Europe witnessed a notable increase this week, primarily driven by concerns regarding the surge in electricity demand due to high temperatures. As of June 24, Europe’s natural gas inventory reached an all-time high of 75.21%, experiencing a week-on-week increase of +2.84 pct. However, the replenishment of inventory slowed down due […]
Europe’s spend on energy crisis nears 800 billion euros – EQ Mag
European countries’ bill to shield households and companies from soaring energy costs has climbed to nearly €800 billion, researchers said, urging countries to be more targeted in their spending to tackle the energy crisis. European Union countries have now earmarked or allocated €681 billion in energy crisis spending, while Britain allocated €103 billion and Norway […]
Energy crisis driving inflation, slowing GDP growth, creating social turmoil: WEF study – EQ Mag
The world is in the grip of an unprecedented global energy crisis The current energy crisis is driving inflation, slowing economic growth and creating social turmoil, a new report said on Thursday while calling for new solutions that advance a sustainable and inclusive energy transition. The World Economic Forum (WEF) report, released days before its […]
Germany’s energy crisis powers hydrogen switch – EQ Mag
KELHEIM, Germany : From the moment Russian gas exports to Germany were first disrupted in June, German firm Kelheim Fibers began casting around for alternative options to keep its engines running. As a result, the Bavarian-based firm, whose fibres are used in anything from teabags to tampons, will be able to use heating oil instead […]
Greek businesses, households shift to solar power amid energy crisis – EQ Mag
Athens : Facing soaring electricity and natural gas bills, Greek companies and households are turning to solar power en masse this year to cope with the ongoing energy crisis. With more than 250 days of sunshine per year, Greece is rich in renewable solar energy potential. According to a recent report by the Hellenic Association […]
India has handled the energy crisis in a responsible and mature manner, says Minister Puri – EQ Mag Pro
Washington : India has handled the current energy crisis in a responsible and mature manner, Union Minister of Petroleum and Natural Gas Hardeep Singh Puri said Thursday asserting that the Modi Government has not allowed energy shortages to affect any part of its population. The minister said that there is a huge potential of India-US […]
