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This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Cedrik Neike, Member of the Managing Board, Siemens AG One key characteristic of modern civilization is its dependence on critical infrastructures such as those used for providing power, transportation and water. These infrastructures are becoming increasingly complex, intelligent and […]
This article is brought to you in association with the European Parliament. MEPs updated rules to protect workers from exposure to carcinogenic and mutagenic substances, including diesel fumes, in a vote on Tuesday. In order to protect some 3.6 million workers in the EU potentially exposed to diesel engine exhaust emissions (DEEE), the Parliament succeeded in […]
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Sarah Mousa, Co-founder, Shamsina & Deena Mousa, Co-founder, Shamsina As home to some of the world’s top energy suppliers, the Arab world is often associated with energy wealth. Saudi Arabia, Iraq, the United Arab Emirates and Kuwait are […]
This article is brought to you in association with the European Parliament. Parliament approves binding 2030 target for renewables (32%) and an indicative target on energy efficiency (32.5%) that will play a crucial role in meeting the EU’s climate goals. Parliament on Tuesday confirmed the provisional agreement reached with the Council in June on energy efficiency […]
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Suchitra Sebastian, Associate Professor, Department of Physics, Cavendish Laboratory, University of Cambridge Imagine a world where ultra-fast levitating trains zip between destinations, where wind energy from the North Sea and solar energy from the Sahara power the electric […]
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Francois Austin, Partner, Oliver Wyman The energy industry was vastly different 20 years ago, when two colleagues and I founded a consultancy which advised global oil and gas companies. Our work was primarily focused on reducing operational risks […]
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Kristina Skierka, CEO, Power for All New technologies and business models create a constant churn of labour market disruption. Robots, driverless cars and other forms of automation will mean millions fewer jobs worldwide. On the other hand, fast-growing […]
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Matt Gray, Head of Power and Utilities, Carbon Tracker Initiative Power and industry are responsible for around two-thirds of carbon emissions and half of energy demand, and yet we are frequently kept in the dark about how the […]
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Enass Abo-Hamed, CEO, H2GO Power & Daniel Evans, Co-founder, Gibraltar Stock Exchane If we want to prepare for the future, we must acquire a stake in the new and crucial area of technology called blockchain. Amongst other applications, […]
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Johnny Wood Writer, Formative Content The power to switch from fossil fuels to renewable energy sources could rest in the hands of local communities. New research suggests decentralized, smart microgrid systems are capable of providing most, if not […]
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: David Martin, Co-founder and Managing Director, Power Ledger That carbon emissions from power generation are one of the leading causes of climate change is nothing new, nor is the fact that the proliferation of clean energy sources is […]
This story is brought to you in association with the European Union Council Today, 5 July 2018, the Council prolonged economic sanctions targeting specific sectors of the Russian economy until 31 January 2019. This decision follows an update from President Macron and Chancellor Merkel to the European Council of 28-29 June 2018 on the state of […]
Last week, Jean-Claude Juncker, the head of the powerful European Commission, the executive arm of the European Union, announced a plan to screen foreign investments. The idea is to hold back or even effectively block business acquisitions or other investment plans financed by third country companies, in key sectors allegedly considered to be sensitive from […]
Donald Trump, the real estate mogul and TV reality show star, as President, discovered the hard way that international trade is a much more complicated issue than he could have ever imagined. His poor cognitive abilities and his rampant nature didn’t allow him to realize that international trade is a much more complex issue, than […]
Last Monday Eurostat, the statistical service of the European Union, released a flash estimate for euro area annual inflation revealing a -0,2% inflation rate for February. The latter has worried the European Central Bank’s (ECB) officials and especially its president Mario Draghi. ECB’s Governing Council meeting which is taking place next week will have to reconsider […]
The European Foreign Ministers gathered in Luxembourg two days ago and decided to continue imposing economic sanctions to Russia for another six months. This shows the strong intention of Europe to weaken Russia’s power in Ukraine and thus put a stop on Russia’s imperialistic plans. However, Russia claims these sanctions as “illegal and unfounded” and will fight […]
The latest Eurostat data on employment and industrial production for the Eurozone economy point invariably to stagnation, if not recession, while the long-term tendency of household consumption, as a percentage of GDP, appears falling. In short all the key growth indicators of the economy are quite disappointing, to say the least. The economic problems of […]
Written by Günther Oettinger, European Commissioner responsible for Energy In the European Union, energy and industry are two sides of the same coin. A strong industrial base is the precondition for the robustness of our economy, for the excellence of our research and for the number and quality of our jobs. Industry accounts for over […]
Written by Ciro Scognamiglio, responsible for the market and regulatory analysis at NEC Corporation’s Centre of Competence for Smart Energy Solutions in EMEA For the third time in history, Non-predictable Renewable Energy Sources (NPRESs) were the number one electricity source across the EU in terms of added installed capacity according to the EPIA (European Photovoltaic […]
Eurostat, the EU statistical service, announced late yesterday evening that in December unemployment remained at the persistently high level of 12% since October, while inflation took a new downwards turn to 0.7% in January, from 0.8% in December. It’s difficult to say which one of the two developments is more alarming. On both accounts Eurozone […]
Eurostat, the EU statistical service, confirmed its own inflation rate estimate for November at 0.9% in the Eurozone; that is two decimal points higher than in October. However, this doesn’t mean that inflation took the upward path neither does it indicate that growth has already started pressing consumer prices to higher levels. It must be […]
According to a flash estimate released by Eurostat, the EU statistical service, Eurozone annual inflation was 0.9% in November, slightly higher than 0.7% in October. Excluding the items under the categories of energy, food, alcohol & tobacco, the November inflation rate is thought to have been 1% after 0.8% in October. Price developments in the […]
As we are writing the epilogue of 2013, collecting and assessing the bits and pieces of a rather important year in the EU Affairs, some people in Brussels are already pointing towards 2014, a milestone year for the EU for many. There is no doubt that one of the biggest 2014 challenges will be for […]
In three months, from July to September this year, inflation in Eurozone fell from 1.6% to 1.1%, with a brief stopover of 1.3% in August. The European Sting has been sounding the alarm for months now, over this fast deceleration of consumer goods prices. This trend is present all along this year, starting from […]
Under different circumstances a drop of inflation to 1.3% could have been a cause for celebration. It’s not like that now. The fall of the inflation rate to that level in August is a rather negative development. However averages on many instances hide the truth. Eurozone countries in deep recession like Greece and Cyprus or […]
Eurostat, the EU statistical service, presented on 30 August a statistical survey on the euro area headline inflation and its four main components. Together with it Eurostat published a valuable table showing the weight of each of the twelve items that compose the inflation index and its four main components. By the same token however […]
Azeri officials are visiting Athens today to announce their choice of the ‘Greek corridor’ for the flow of their natural gas towards the central European Union countries, to reach them after crossing also the Adriatic Sea in a deep water pipeline to Italy. Let’s folow the facts. Very early last Monday morning the European Sting […]
At a time when the financial sector in the eyes of the wider public all over the world, and more so in Europe and the US, is to be held responsible for the real economy crisis and the unemployment burst, the European Commission dares to approve the acquisition of NYSE-Euronext (NYX) by the InterContinental Exchange. […]
Ilham Aliyev, the President of Azerbaijan was in Brussels on Friday 21 June for a good reason. The giant state oil and gas company of his country, Socar, has reportedly agreed with the Greek authorities to acquire the National Natural Gas System Operator (DESFA) S.A. of Greece, owner and operator of the country’s natural gas […]
Only days after the 27 EU leaders gathered in Brussels on 22 May and decided that, “The supply of affordable and sustainable energy to our economies is crucial”, Eurostat, the EU’s statistical service, announced that, “in the second half of 2012 household electricity prices in the EU27 rose by 6.6% and gas prices by 10.3%”. […]
As the European Sting predicted early yesterday morning, the European Council meeting of 22 May, which regrouped once more the 27 EU leaders, turned out poor results on both subjects that occupied its agenda, namely ‘energy’ and ‘taxation’. Sting writer Maria Milouv wrote, “the European Council of the 27 EU leaders has only ‘energy’ and […]
A few weeks ago the European Court of Auditors established that the money spent on EU projects to enhance energy efficiency (€5 billion since 2000) did not achieve targets. More recently, the CoA also found that “The effectiveness of EU funding for municipal waste management (€10.8bn in the period 2000-2006) infrastructures was limited, due to […]
The downwards trend of Eurozone’s inflation rate is an infallible witness of the strong competitive base of home production on both fronts, that is manufacturing production and services. According to Eurostat, the EU statistical service, “The euro area annual inflation rate was 2.0 % in January 2013, down from 2.2 % in December 2012. A […]
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