Energy, the European Union and Russia

Russian demonstrators. Photo NY TimesThe ongoing tensions between Ukraine and Russia is an excellent occasion for the European Union to assess its dependence from foreign fossil fuels, especially oil and natural gas from the Russian Federation.

As Kees van der Leun noted on his Twitter last week, the EU buys to Russia over half a billion euros of oil and natural gas each day.  The amounts total over 200 billion euros ( $277 billion ) a year.

Here is more data : the European Union currently buys over six million barrels of oil per day to Russia, for an amount of over $600 million (430 million euros).

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Solar PV to become the cheapest option by 2018

Currently, the world is relying massively on to generate as it is cheap, awfully cheap – if you don’t take into account the negative externalities as it is polluting our air, our soil and is one of the main factors to climate change.

But what if solar became even cheaper than coal ? What if if became the cheapest solution ? We would then have a renewable, clean and cheap alternative to produce gigawatts of electricity.

Kees van der Leun – A Dutchman who has been dedicating himself to renewables for the past 25 years – wrote on Grist an excellent post on that very topic.

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