Bloomberg California, which aims to have a carbon-free power grid within 25 years, got a short glimpse of that possibility earlier this month. The state’s main grid ran on more than 97% renewable energy on April 3, breaking a previous record of 96.4% that was set just a week earlier, the California Independent System Operator said in a statement. “While ...

  Bloomberg Romania is moving ahead with a plan to unlock stalled natural gas projects in the Black Sea as Europe searches for new energy resources to cut reliance on Russia following its invasion of Ukraine. The country’s ruling coalition has reached an agreement on a long-delayed bill amending the country’s offshore law to boost investments and unlock stalled gas ...

Bloomberg Germany was warned it could face a 220 billion-euro ($240 billion) hit to output over the next two years in the event of an immediate interruption in Russian energy supplies over the war in Ukraine. Economic institutes advising the government in Berlin said in a joint forecast that a full halt in Russian natural gas imports would result in ...