German Chancellor Friedrich Merz arrived in Kyiv on an unannounced visit, Süddeutsche Zeitung reports. Germany plans €1 billion for interceptor drones and long-range weapons production in Ukraine, plus €350 million to repair damaged power plants. #Ukraine
Georg Zachmann
@gzachmann.bsky.social
senior fellow - energy & climate policy - @bruegel_org Scientific Lead - GreenDealUkraїna - @HZBde
So we spend 10% of IEA stocks to balance the oil market by a bit less than 1 mbd (<1% of global market)
"we will implement our commitments with a coordinated release through the IEA of 100 million barrels (MB) to begin immediately over 4 months, including a frontloaded substantial diesel release within the first 20 days by G7 members and partners. [...]
European weekly LNG imports are up to levels not seen since April. Higher European prices ahead of winter are pulling cargoes in.
For VoxUkraine @asicheneder.bsky.social, R.Stubbe & me discuss the 3 ETS-draft laws currently in the Ukrainian Parliament It is great to see momentum Now it is crucial to converge to a robust, EU-ETS compatible framework in order to underpin investments & EU accession voxukraine.org/en/three-ets...
Three ETS Bills – but Only One EU Accession
Ukraine’s three proposed emissions-trading laws would establish the foundations of a national carbon market. None of them, however, yet provides...
voxukraine.org
Unter mehrfach wiederkehrendem Flugabwehrfeuer und mindestens einer in größerer Entfernung hörbaren Detonation haben wir heute in Butscha die in Braunschweig gesammelten Hilfsgüter bei Bucha Help abgeladen. Versorgt werden damit mindestens ein Krankenhaus und ein Altenheim sowie ein Kinderheim.
EU refinery output did not fully recover after COVID, but remained relatively stable since 2021. The share of jet-fuel in the output-mix has been gradually ramped up from 3% to 8% since 2021.
Ukrainian special services have received Russian documents about Russiaʼs preparation of complex and comprehensive attacks on the energy sector this winter. babel.ua/en/news/1304...
“They will attack electricity, heat and water.” Shmyhal said that Ukraine received Russian documents with a plan to attack the energy sector this winter
Ukrainian special services have received Russian documents about Russiaʼs preparation of complex attacks on the energy sector this winter.
babel.ua
The EU completely sold out its principles today. The symbolic effect of lifting sanctions on Usmanov and Fridman is a catastrophy. There is hardly any justification for this. Who's next? Is this the beginning of EU sanctions collapsing?
The macroeconomic impact of the current oil-price shock feels muted. One thing that has changed is that the US is now a substantial net exporter (annual oil/LNG export revenues might increase by $150bn/$50bn). Visibly the USD does not depreciate when oil prices rise.
tagesthemen: @gzachmann.bsky.social, Ökonom Denkfabrik @bruegel.org, zur Umsetzung der Entlastung bei den Spritpreisen www.tagesschau.de/tagesthemen/...
Georg Zachmann, Ökonom Denkfabrik Bruegel, zur Umsetzung der Entlastung bei den Spritpreisen
Georg Zachmann, Ökonom Denkfabrik Bruegel, zur Umsetzung der Entlastung bei den Spritpreisen
tagesschau.de
Over summer, we have revamped the @bruegel.org gas import tracker. Mostly data pipeline, so webpage should look similar. Weekly updates are now resuming (thursday mornings) & data are downloadable now from the charts directly. Page has imports, LNG flows and storage balances 👇
Just learnt: For centuries, #Magdeburg served as the supreme appellate court* and legal blueprint for hundreds of daughter towns across Central and Eastern Europe (Kyiv, Vilnius, ...) - until its entire collection of precedents burned down in 1631. [* answering their legal inquiries ('Weistümer')]
Commercial jet fuel stocks at the AmsterdamRotterdamAntwerp (ARA) hub touched their lowest level last week:
Commercial jet fuel stocks at the AmsterdamRotterdamAntwerp (ARA) hub touched their lowest level last week:
US strategic oil storage volumes that have been built over 40 years have been consumed in 2022 (-220mb) and 1H2026 (-95mb). www.eia.gov/dnav/pet/his...
If you are curious about the latest details of Russian military spending, I recommend the interactive SWP Russian Budget Monitor. You can browse the different components of military spending, view how each of them has changed over time in charts & export all data: www.swp-berlin.org/en/publicati...
Portugal seeks inspiration from the UK on possibly implementing an independent system operator for electricity (i.e., splitting ownership and planning/operation functions to improve incentives and transparency) elperiodicodelaenergia.com/portugal-abr...
Portugal abre las puertas a separar el operador del sistema eléctrico del transportista de la red
Tras la reciente entrada del Estado luso en el capital de REN, la ministra energética aboga por seguir los pasos de Reino Unido y separar ambas funciones del actual operador.
elperiodicodelaenergia.com
DG COMP has approved up to €35bn for 11 GW of new German gas-fired power plants by the end of 2031. The new capacity mechanism will be financed through a new levy paid by electricity consumers. (I am worried that natl CRMs further fragment the single elect market.) ec.europa.eu/commission/p...
Commission approves German capacity mechanism of up to €35 billion to secure electricity supply
The European Commission has approved, under EU State aid rules, a capacity mechanism for Germany available from 2031. This measure, with an estimated cost between €15.6 billion and €35.2 billion, aims...
ec.europa.eu
🚨 It's launch day! Today we publish our @bruegel.org European Clean Tech Atlas. We bring you stories and data on how clean technologies are reshaping Europe's economy, energy system and industrial base. ➡️ Explore the European Clean Tech Atlas at www.bruegel.org/book/europea...
Keeping climate ambition on the agenda is more critical than ever. How should Europe adapt its strategy to meet changing political and physical realities? Watch our discussion live in a few minutes (or catch it later) :
🌅 Can climate policy survive? 🗓️ 2 September | 09:10-10:10 🙌 Meet our speakers: 1️⃣ Chair: @gzachmann.bsky.social, Bruegel 2️⃣ Jan Dusik, @ec.europa.eu 3️⃣ Julia Maris, @engie.com 4️⃣ Pierre Wunsch, National Bank of Belgium 🔗 Register for Bruegel Annual Meetings: buff.ly/8EP8mpd #BAM2026 #EconSky
💥 Brussels is working on plans to break up the EU’s diplomatic service and fold parts of it into the European Commission, in response to demands from France and Germany for a sweeping overhaul of Brussels’ foreign policy machinery by the end of the year. as.ft.com/r/da74e7ff-0...
EU accelerates plans to break up diplomatic service
France and Germany drive push for reform as pressure mounts on Brussels to find budget savings
as.ft.com
New @unep.org report confirms that it is now realistically impossible to avoid breaching 1.5°C ... h/t @uedio.bsky.social
Explosive-laden missiles targeted the substation of one of Germany's largest power plants today - fortunately without success: www.maz-online.de/brandenburg/...
Beschuss mit Raketen: Versuchter Anschlag auf Umspannwerk Jänschwalde
Nach MAZ-Informationen wurde eine wichtige Anlage nahe des Kohlekraftwerks mehrfach beschossen. Einsatzkräfte sollen vor Ort weitere Raketen entschärft haben. Zu einem Stromausfall kam es nach ersten ...
maz-online.de
📚 On Wednesday, we at Bruegel will launch our European Clean Tech Atlas — a new guide to exploring Europe’s ongoing clean energy and industrial transformation. Join the discussion with Laura Cozzi (IEA), Celine Gauer (EC) and Ben McWilliams by registering here: www.bruegel.org/bruegel-annu...
Norwegian production - which currently covers almost a third of EU gas imports - could, according to the Norwegian Offshore Directorate, halve by 2035 (in the low scenario) or by 2040 (in the base scenario).
The Norwegian oil & gas adventure is coming to an end. Even with aggressive exploration in new areas, big finds, & technology development, the most ambitious scenario from the Offshore Directorate has declining production. This is before considering climate! www.sodir.no/en/whats-new... 1/
🌅 Can climate policy survive? 🗓️ 2 September | 09:10-10:10 🙌 Meet our speakers: 1️⃣ Chair: @gzachmann.bsky.social, Bruegel 2️⃣ Jan Dusik, @ec.europa.eu 3️⃣ Julia Maris, @engie.com 4️⃣ Pierre Wunsch, National Bank of Belgium 🔗 Register for Bruegel Annual Meetings: buff.ly/8EP8mpd #BAM2026 #EconSky
Scoop by @nkurmayer.bsky.social: DG ENER's Christof Lessenich is set to become the new Director of ACER www.euractiv.com/news/exclusi...
EXCLUSIVE: German Commission official to head EU grid regulator watchdog | Euractiv
ACER's new director will be a seasoned energy bureaucrat
euractiv.com
"Your government warns..." is such a different tone to what is possible today. Anyone have any insight into how successful wartime propaganda was? Taken from the Canadian War Museum archives: www.warmuseum.ca/collections/...
📊 UPDATED: European natural gas demand tracker ✨ With data now updated to July 2026 🔗 Explore the dataset here: buff.ly/4dzHgNT 🖋️ Compiled by @mariejuge.bsky.social, @bmcwilliams.bsky.social and @gzachmann.bsky.social #EconSky