Renewables in vogue as Iran war drives up Europe power prices
Today 11:30am
As the Iran war disrupts global flows of oil and gas and energy prices skyrocket, the Drin River, which descends through the mountains of northern Albania, is acting as a kind of shield.
print this story
EU aims to ease energy blow from Iran war with tax cuts, gas coordination
Thu 23 Apr 2026
The European Commission set out plans on Wednesday to cut electricity taxes and coordinate the summer refill of countries' gas storage, as it seeks to cushion the energy fallout from the Iran war.
It’s time for an EU climate diplomacy reset
Thu 23 Apr 2026
The geopolitical context for climate diplomacy keeps evolving, with the war in the Middle East the latest example of a more fragmented and uncertain global environment.
Electric car sales soar 51% in mainland Europe as Iran war drives up fuel prices
22 Apr 2026
Buyers’ interest in electric cars has risen across Europe since the start of the war in Iran in late February, as the rising cost of petrol highlights the cheaper power available from a plug.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
21 Apr 2026
Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.
Europe has 'maybe six weeks of jet fuel left', energy boss warns
20 Apr 2026
Stocks would reach a tipping point in June if Europe was unable to replace at least half of its imports from the Middle East, the organisation said in a report this week.
IMF warns EU not to offset the energy price spike too much
20 Apr 2026
European governments should not excessively shield businesses and consumers from more expensive energy because that distorts the price signal to cut consumption and could be fiscally very expensive, the International Monetary Fund said.
Thousands protest in Germany urging faster shift to renewable energy, amid Iran war
20 Apr 2026
Thousands of people demonstrated across Germany on April 18, urging a faster shift to renewable energy and accusing conservative Chancellor Friedrich Merz’s coalition of putting the brakes on the transition.
EU working on jet fuel plan as Iran crisis threatens air travel
17 Apr 2026
The European Union is drafting plans to tackle a looming jet fuel supply crunch and maximise refinery output, officials said.
War spurs EU plan for electricity tax cuts, faster shift from fossil fuels, draft shows
16 Apr 2026
The European Union plans to reduce electricity taxes and expand clean technologies faster to cut consumers' exposure to soaring oil and gas prices, as part of its plan to offset the Iran war's energy impact, a draft document showed.
