Putin's war demonstrates the urgency of accelerating our clean energy transition.

Today we outline REPowerEU – our plan to increase Europe's energy independence:

⚡ Reduced demand for Russian fossil fuels.

⚡ Emergency measures to tackle energy prices in Europe.#EUGreenDeal

— European Commission 🇪🇺 (@EU_Commission) March 8, 2022

Biden to ban US imports of Russian oil https://t.co/ftxlkDUsyQ

— FT Energy (@ftenergy) March 8, 2022

Russia has become the third-largest #naturalgas supplier to China, including both pipeline #gas and #LNG, and is currently its second-largest #crude supplier after Saudi Arabia. Read more about Russia-China gas ties in this #Factbox https://t.co/ghDgPUDfYt#ONGT #Russia #Ukraine pic.twitter.com/9d7q8DKDKG

— Commodity Insights Gas (@SPGCIGas) March 8, 2022

#EUETS #OCTT #TTF #API2 https://t.co/azrDx9IFrr

— 🇺🇦Mike Szabo🇺🇦 (@MikeSzaboCP) March 8, 2022

Polish state-owned PGNiG has chartered two #LNG vessels for a period of 12 months. #securityofsupply #TTF #ONGT

— Wideangle LNG ⚓️💡🕯🕊 (@WideangleLNG) March 8, 2022

8-Mar-22: Spotlight shifts to #NordStream1 following Novak comments on Mon. On Tue morning #NS1 #natgas flows normal. Similarly via Ukraine. #TTF rally on Mon driven by possibility of retaliatory #natgas cut to mooted US oil embargo, but Scholz comments eased concerns. #ONGT

— Tom Marzec-Manser (@tmarzecmanser) March 8, 2022

Wild start to the week.

🔥 EU #gas up nearly 40%
🛢️ Brent #oil up nearly 10%
🇪🇺 #Carbon allowances down 10%#OOTT #ONGT #EUETS #Russia #Ukraine️ pic.twitter.com/j1mvvGYQMF

— Rob Barnett (@barnettenergy) March 7, 2022

Coal power plants that have been shut down will be restarted very soon.

Rystad Energy said that “Coal will become a major energy source in Europe over the next few years”.

-Reported 6th, Mar.#euets #octt #krbnhttps://t.co/iDdVSdPJ0o

— Jae-Seong Lee (Jason Lee) (@jasonvictorlee) March 7, 2022

Great speaking live on @BBCNews with @BenMBoulos this morning! Covering #NordStream1, record #TTF prices and European #natgas security of supply. @ICISOfficial pic.twitter.com/9XTXU0r4Q6

— Tom Marzec-Manser (@tmarzecmanser) March 8, 2022

Interesting chart showing #euets carbon is oversold – if history is anything to go on, suggests a strong rally is forthcoming (green) pic.twitter.com/8MzUYcAzF8

— Lawson Steele (@LawsonSteele3) March 8, 2022

European natural gas benchmark #TTF broke a record with €203 per MWh! That's equivalent to ~$2.500 per thousand cubic meters or ~$365 per barrel of oil equivalent in crude oil terms! 15 months ago, it was €15/MWh. Asian LNG prices have followed the spike in EU gas prices.+ pic.twitter.com/zznbgWTYz4

— Caner Can (@hcanercan) March 5, 2022