Following Russia's actions in Ukraine, an energy crisis unfolds in Europe and particularly in Germany. The looming threat of Russia suspending gas deliveries to Germany, or Germany ending the procurement as part of a sanctions package, respectively, could lead to a drastic increase in energy prices and shortage in gas supply. A supply reduction is especially troublesome for Germany, as it relies heavily on Russian gas imports.
Following Russia's actions in Ukraine, an energy crisis unfolds in Europe and particularly in Germany. The looming threat of Russia suspending gas deliveries to Germany, or Germany.
The European energy system will change dramatically in the coming decades. In addition to climate change and an outdated power plant fleet, current geopolitical tensions are also forcing the European Union and many countries to change their energy policie
BERLIN (Reuters) - Germany's economy and climate ministry will present a package of measures on Wednesday to speed up the expansion of renewable energ.