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30.08.2022
THEME: POLITICS

EU struggle with gas pricing anticipates a hard winter energy crisis

EU has been struggling with a growing gas pricing since the beginning of the Ukraine crisis. With Gazprom - Russia’s state controlled energy giant - reducing the gas flux towards EU, and temporarily stopping them for alleged maintenances, prices at the Title Transfer Facility (TTF) - the continent's leading trading hub - reached €321 per megawatt-hour, a stratospheric figure compared to the €27 set a year ago. Some European countries, like Poland, Bulgaria and Finland, have already had their supplies cut off, while others (Germany, Austria, Denmark, Italy, the Netherlands, etc.) have seen their deliveries significantly reduced. Ministers and leaders in EU are now discussing measures: stocks are being cumulated and energy-saving measures are being implemented. Leaders will also meet to decide wether a gap to the energy price should be implemented. Despite such efforts, some are already announcing that companies may face energy ‘rationing’ this winter.

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29.08.2022
THEME: TECHNOLOGY

China space station continues its assembly and makes steps towards deep space exploration

Today NASA announced postponing Artemis I flight due to engine issues. At the same time the Chinese space program continues towards a fully functional space station and receives good news from botanic experiments onboard. China's Wentian lab module successfully arrived at the China Space Station in the early hours on July 25 and docked with the Tianhe core cabin. Wentian is the second section of the three module Chinese Space Station. Before China, only the former Soviet Union and the US were capable of assembling ultra-large spacecraft in orbit. Today, August 29, good news come from the Wentian’s ecology experimental module as rice seeds have sprouted into tall plants and growing. The experiment is expected to complete a full life cycle "from seeds to seeds”, and during the process astronauts will collect samples and then freeze and preserve them, before finally returning them to the ground for analysis. If completed, this will be the world's first to complete the whole life cycle of rice cultivation under space microgravity conditions. The long term goal of such developments being deep space exploration, a new highly competitive race may have started between US and China in space.

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