Madano’s energy and environment monitoring, featuring the effect of the Ukraine crisis on Europe’s gas prices, the prediction that Europe’s flood losses will soar, and the UK wind farm industry in decline as it is found to be unprofitable, and more.
Ukraine crisis: Europe’s stored gas high as prices soar
Gas and oil prices have risen amid fears the current crisis in Ukraine could have a damaging effect on one of Europe’s main energy supply routes, according to the BBC. read more.
Europe’s flood losses to soar by 2050, research shows
Floods like those experienced in parts of Britain in recent months could become more frequent in Europe by 2050, more than quadrupling financial losses, if climate change worsens and more people live in vulnerable areas, research published in the Nature Climate Change journal has claimed. read more.
Wind farm plans in tatters after subsidy rethink
Developers are abandoning plans for new wind farms in Britain because they are “no longer financially viable”, according to the Daily Telegraph. read more.