Rooftop solar PV (photovoltaic) panels could supply more than 25 per cent of the world’s electricity needs by 2050.

The European Commission will use a long-planned reform of EU gas market rules, due in December, to address the current supply crunch on the market.

Romania’s pavilion at Expo 2020 Dubai will host on Wednesday the seminar “The Future of Energy, Bringing Together Conventional and Alternative Sources”.

European natural gas prices shot to record highs on Tuesday, dragging down bond markets in a sign that investors were expecting wider economic damage.

Gas markets swung sharply on Wednesday after Vladimir Putin said Russia was prepared to stabilise soaring global energy prices that are threatening to curb industrial activity and sharply raise inflation.

Imports and exports between Finland and the UAE reached a combined value of more than half-a-billion dollars in 2020, re-enforcing the need to further strengthen ties between the two countries, Finnish Ambassador Marianne Nissilä told Arab News.

As the European Commission draws up a “toolbox” of measures for governments to respond to the crisis, the issue of energy subsidies, as well as their social and long-term environmental impact, will no doubt be central to its thinking.

European Union leaders will discuss later in October the idea of setting up an EU strategic gas reserve and the decoupling of electricity prices from gas prices, the head of the European Commission Ursula von der Leyen said on Tuesday (5 October).

The European Commission is looking into complaints by some EU countries that Russia is using its position as a major supplier to propel the soaring price of gas in Europe, the bloc’s energy policy chief said on Tuesday (6 October).

A number of Fianna Fáil and Fine Gael Oireachtas members have expressed concern that the influence of the Green Party will result in road projects in the new National Development Plan (NDP) never being completed.