In brief | 20 March ‘26
Reuters: Iran attacks wipe out 17% of Qatar’s LNG capacity for up to five years, QatarEnergy CEO says
Strikes causing an estimated 20 billion US dollars in lost annual revenue and threatening liquefied natural gas (LNG) supplies to Europe and Asia.
Euronews: EU summit - Leaders urge 'moratorium' on energy strikes in Middle East
Meeting was dominated by Hungary's veto on the 90 billion euro loan for Ukraine, the spiralling Iran war and the high energy prices that continue to weigh down the economy.
Announcement comes amid rising concerns over turbulent market, with European natural gas prices having jumped by 60 percent since the end of February.
IEA: Sheltering from oil shocks
International Energy Agency details 10 demand-side options open to households, businesses and governments to shelter themselves from today’s oil shock and relieve the strains on affordability.
Bloomberg: European consumers seek out solar, EVs as energy prices surge
Companies in the UK and Germany say they have received more inquiries for green technologies since the Iran war started.
Politico: Von der Leyen promises ETS tweaks in ‘days’
The European Commission president also floated a 30 billion euro “ETS investment booster” to help industry decarbonise.
Bloomberg: ZF hints at more asset sales after separating its wind division
German auto-parts maker is pressing ahead with a restructuring plan that includes as many as 14,000 job cuts by the end of 2028.
Entso-E: Final report of the Expert Panel on the 2025 blackout in Spain and Portugal
Investigation concludes that the blackout resulted from a combination of many interacting factors, including oscillations, gaps in voltage and reactive power control.
Euractiv: Final report into Spanish blackout points to drastic governance failures
A 'perfect storm' of failures across Spain's outdated grid blamed for Europe’s biggest blackout in 20 years