Today, June 11th, is the day that Ukraine’s war has lasted longer than the first world war.
My Charlemagne on this grim milestone.
www.economist.com/europe/2026/...
COP31 host Turkey has proposed a global 35% #electrification target by 2035 at the Bonn climate talks.
Updated @bruegel.org European gas import data for week 22 and May LNG by source
📊 download data: www.bruegel.org/dataset/euro...
Chinese investment into clean technology manufacturing has fallen sharply from highs in 2023. Driven by oversupplied markets and a tightening of policy.
Prices affect demand!
EU countries where gasoline+diesel prices incl. taxes increased more saw on average stronger automotive fuel demand reduction.
[here: controlling for market size and adding diesel makes this even ore clear]
Tour de France: +10 GW (+33%) nuclear ramping in 4h30.
Japan is planing to spend up to $19bn and draining ~25% of strategic oil reserves to support domestic energy consumers.
To stop this economically cazy negative-sum subsidy race, net-importers should coordinate demand reduction targets.
(@hudsonlockett.bsky.social the 8.8 kiloliter sounds wrong)
Prices affect demand!
EU countries where gasoline prices incl. taxes increased more saw on average stronger automotive fuel demand reduction.
EU LNG imports in May 2026 were lower than in previous months or in May 2025, and they continued to slow down over the course of the month.
Now, gas storage volumes are close to their seasonal lows.
www.bruegel.org/dataset/euro...
EU LNG imports in May 2026 were lower than in previous months or in May 2025, and they continued to slow down over the course of the month.
Now, gas storage volumes are close to their seasonal lows.
www.bruegel.org/dataset/euro...
Das Gastgeberland der nächsten Weltklimakonferenz, die Türkei, hat neue Ziele zur Abkehr von fossilen Energieträgern bekannt gegeben. Dabei soll vor allem Strom eine wichtige Rolle spielen.
Prices affect demand!
EU countries where gasoline prices incl. taxes increased more saw on average stronger automotive fuel demand reduction.
From Breakingviews - Breakingviews - Japan’s Takaichi is her own worst energy enemy reut.rs/49rRAew
The PM’s $19 bln subsidy plan to fight rising oil costs follows a campaign vow to tame inflation. It’s also a fiscally unsustainable anachronism blunting pain to the wallet that could boost her case to relaunch nuclear power. A pivot now can save a lot of trouble down the line.
