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Showing posts with the label energy

Scholz dismisses talk of keeping nuclear energy option open in Germany

German Chancellor Olaf Scholz is dismissing a junior coalition partner’s suggestion that the country should keep open the option of using its closed nuclear power plants BERLIN -- German Chancellor Olaf Scholz dismissed a suggestion by a junior coalition partner that the country should keep open the option of using its closed nuclear power plants, declaring that atomic energy is a “dead horse” in Germany. Germany switched off its last three nuclear reactors in April, completing a process that received wide political support after Japan's Fukushima nuclear reactor disaster in 2011. But some argued for a rethink after energy prices spiked because of the war in Ukraine. Among those who advocated a reprieve were members of the Free Democrats, a pro-business party that is part of Scholz's governing coalition. This week, the Free Democrats' parliamentary group approved a policy statement saying that it wants “to stop the dismantling of the nuclear power plants that are still...

Italy's Meloni eyes boost in strong energy ties with Algeria

Italian Premier Giorgia Meloni is looking to boost already strong energy ties with Algeria to further wean Italy off Russian energy ALGIERS, Algeria -- Italian Premier Giorgia Meloni is looking to boost already strong energy ties with Algeria to further wean Italy off Russian energy , a focus of her two-day visit to the North African nation starting on Sunday. Russia's war in Ukraine, which upset global strategic and economic dynamics, gave a new and urgent dimension to ties between Algiers and Rome, long dependent on Russian energy. Other European Union nations also have scrambled to find sources of replacement for Russian energy. Italy and gas-rich Algeria now want to build on then Premier Mario Draghi’s successful initiatives last year to boost Algerian energy supplies to Italy and, an Algerian diplomat said, “push beyond that.” “We want Italy to become a European hub for Algerian gas. A junction for other EU countries,” Algeria’s ambassador to Rome, Abdelkrim Touahria, said ...

Algeria, Italy look to broaden ties beyond coveted energy

Italy and Algeria moved to broaden ties through a series of memorandums signed Monday during a two-day visit by Italian Premier Giorgia Meloni, who said the two countries are in the process of building “an extraordinary bridge” and, hopefully, transfor... ALGIERS, Algeria -- Italy and Algeria moved to broaden ties through a series of memorandums signed Monday during a two-day visit by Italian Premier Giorgia Meloni, who said the two countries are in the process of building “an extraordinary bridge” that would hopefully transform Italy into an energy hub for Europe. Algeria is Italy's “most stable, strategic and long-standing’’ partner in the region, she said at a joint news conference capping her working visit to Algiers. Algerian President Abdelmadjid Tebboune said the solid strategic partnership he seeks is an opportunity for his gas-rich North African country to "go beyond the energy sector" and end its dependence on hydrocarbons. Tebboune gave Meloni, in office just...