Page 14 - AsiaElec Week 10 2022

AsiaElec NEWSBASE’S POWER ROUNDUP GLOBAL (NRG POWER) AsiaElec

NewsBase’s Power Roundup

Global [NRG Power]

POWER WELCOME to NewsBase’s Power Roundup REM: Europe proposes to ramp up renewables
Global (NRG Power), in which the reader is and slash Russian gas imports by 66%
invited to join our team of international editors, Europe is planning to slash consumption of
who provide a snapshot of some of the key issues Russian natural gas by almost two thirds by
affecting their regional beats. We hope you will like the end of this year as it ramps up renewable
NRG Power’s new concise format, but by clicking energy to bolster a move towards energy inde-
on the headline link for each section the full text pendence.
will be available.

AfrElec: Europe eyes South Africa as coal sup- ENERGO: German energy major Uniper to
plier following Russia sanctions quit Russia, writes off Nord Stream 2 loans
European buyers of coal are beginning to turn German energy major Uniper said in a state-
to other global suppliers, looking as far as ment on March 7 it will not sign any new
South Africa, in the wake of Russia’s invasion of contracts for the supplies of Russian natural
Ukraine. Traditionally South Africa ships over gas, while still receiving fuel under existing
86% of its coal to Asian markets. Last year, of the contracts. Uniper is one of the largest buyers
59mn tonnes of coal dispatched from the Rich- of Russian natural gas in Europe, according to
ards Bay Coal Terminal, only 4% went to Europe. Bloomberg.

P14 www. NEWSBASE .com Week 10 09•March•2022