... experience in investment, including the energy sphere. You can explore the outcomes of his ventures on the website: Open Oil Market. Characteristics of Alternative Energy Energy plays a fundamental role in the development of a country's economy, industry,... ... other sources. Alternative sources present numerous advantages: They operate on renewable resources. Wind, solar, and other energies are inexhaustible. They allow for the selection of specific raw material bases. They offer high profitability, with payback ...

... operators of oil refineries and coal generation facilities, cannot ignore these trends. Many are already diversifying their businesses by investing in solar, wind, and other forms of alternative energy. Projects like the dual-tower solar power plant enhance market confidence in renewable energy technologies. Looking ahead, the growing share of renewable energy in the energy balance will impact the demand for oil, gas, and petroleum products, making participation in the energy transition strategically important ...

... American supplies, the question arises: is this transition technically feasible and economically sound? This article delves into the logistical, infrastructural, and financial challenges of replacing Russian gas, analyzing its impact on the European market and what it could mean for investors. Can the EU Replace Russian LNG with American? Realities, Benefits, and Risks for the European Market The recent statement from European Commission President Ursula von der Leyen on potentially replacing Russian ...

Discussing how the USA plans to capture up to 70% of the European energy market and what it means for Europe and global energy dynamics. The United States aims to capture a dominant share of the European energy market. Under a framework agreement between the U.S. and the European Union (EU), the total value of U.S. energy ...

... LNG plant, with a total capacity of 17.5 million tons per year, was launched in phases between 2017 and 2021. It is the largest energy project in Russia involving Chinese companies over the past decade, according to Sergey Tereshkin, CEO of Open Oil Market. The Export-Import Bank of China and the China Development Bank financed the project. Without the participation of Chinese banks and investors, the project would have been unlikely to proceed, as Russian companies faced challenges accessing ...