Europe Today
Second high-speed rail disaster in nine months leaves Spain in grief
At least 68 people died when two high-speed trains collided south of Madrid, Spain's second deadly rail crash this year. In Montreal, EU leaders meet Mark Carney to launch an 'Alliance for the Future'. We also look at next week's US midterms, Ukraine's defence capabilities, and rising oil prices.
Markets
European gas price crosses €100 for first time since 2022 crisis
Europe's benchmark gas price crossed €100 per megawatt-hour on Wednesday afternoon for the first time since the 2022 energy crisis, just hours after EU Energy Commissioner Dan Jørgensen warned that Europe faces "another energy crisis" and a difficult winter.
Qatar
Macron calls for extreme caution in Gulf, secures critical gas deal in Qatar state visit
French president concludes his state visit by reinforcing the strategic partnership with Qatar. He declares his Gulf tour objectives achieved after securing a crucial gas deal with Qatar as he seeks to lower tensions over living costs in France.
Business
Central Asia’s $5bn ‘Gas Ring’ plan aims to boost energy security
A proposed $5bn (€4.45bn) gas network could help five Central Asian countries share supplies and meet winter demand. The ‘Gas Ring’ would link new and existing pipelines, but funding and agreements between governments remain to be finalised.
Business
Uzbekistan signs $4.7bn energy deals, plans two more nuclear plants
Foreign firms including ACWA Power, EDF and Toyota Tsusho are involved in projects covering 3,000 MW of generating capacity and 400 MW of storage. Tashkent is also preparing 128 oil and gas exploration blocks for investors and pursuing a future electricity connection to Europe.
Economy
Where are gas and electricity prices highest in Europe?
Household gas and electricity prices have risen less sharply than petrol and diesel prices in Europe. Ahead of winter, Euronews Business compares prices across capital cities and looks at how they have changed since before the Iran war.
Smart Regions
Ai Stratis, Greece’s pioneer in energy self-sufficiency with renewable
In partnership with the European Commission
In ten months, the small island of Agios Efstratios has gone from relying entirely on fossil fuels to producing more than 90% of its electricity from renewable sources. Thanks to an EU-funded project, this volcanic island is now self-sufficient with green energy.
Explore the latest developments in the energy sector, from renewable sources to fossil fuels. Stay informed on innovations, policies, and global impacts shaping the future of energy production and consumption.