Russia-Ukraine conflict prompts energy reform

Since the conflict between Russia and Ukraine, the world is aware of the energy of impact and the impact on the economy of a country, dependent on energy imports and spend money on resources became the limit the threshold of the national development and evolution of war to the present has exceeded all people expect, today, the situation is still very anxious, the cost of both sides are unpredictable, Despite repeated sanctions against Russia, no European country has dared to completely break up with it.

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The fundamental reason is that Europe consumes 500 billion cubic meters of gas every year for electricity generation, heating, industrial production and other aspects. In Germany, 61.9%, 70.1% in Austria, 76.5% in Latvia, 84.1% in Slovakia, 64.1% in Hungary, 53.1% in Denmark, 64.2% in Poland and 57.7% in the Czech Republic came from Gazpacho. Finland and Bulgaria had 100 percent, and Greece 96.4 percent. In the first July of this year, Taproom’s deliveries to the European Union and the United Kingdom plunged nearly 40 percent from the same period in 2021 to 1.2 billion cubic meters per day, the lowest level in 40 years. Then, Russia announced that it would shut off all supplies from August 31 to September 2 because of technical problems. On September 2nd Gazpacho announced that the Nord Stream 1 pipeline would be completely shut down, switching from an overhaul to an indefinite shutdown.

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Will give alarm, the incident energy reform must speed up the process, the new energy projects are on the agenda again and again,, Norway’s national oil company 6, estimated that not including the UK, Europe’s energy companies need to add in the energy markets for a total of at least 1.5 trillion euros (10.3 trillion yuan) margin, That puts pressure on European governments and central banks to provide more liquidity.

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This is an opportunity that everyone can see, the photovoltaic energy project will inevitably become a hot investment, and Yongchao Plastic Technology Co., Ltd. is working hard on this road, our latest introduction of large manufacturing equipment 6, set up a professional team to develop photovoltaic energy projects, and DLMH and other industry leaders to reach cooperation.


Post time: Sep-21-2022