Connection

popular articles

Vattenfall and Industrikraft increase electricity supply in Sweden
Cortus and Nordbex sign contract for 60 MW biomass power plant
Natron Energy invests USD 1.4 billion in sodium-ion battery plant
Areva: Strategic stakes of Uramin takeover re-examined
Corsica Sole initiates construction of solar power plant at Cirey-sur-Vezouze

Erdogan wants to start the Istanbul Canal in Summer 2021

Erdogan calls for tenders for the Istanbul Canal, a $9.2 billion project designed to relieve congestion in the Bosphorus Strait and strengthen Turkey's position in world trade, despite criticism of its high cost and environmental impact.

Please share:

Erdogan will soon launch a call for tenders for the Istanbul Canal, estimated at $9.2 billion. On Wednesday April 8, 2021, the Chairman announced that he wanted to start the project as early as this summer. Yet the canal is still the subject of criticism.

Erdogan launches tender for USD$9.2 billion canal

This 45-kilometer canal will link the Black Sea to the Sea of Marmara, and indeed to the Mediterranean. Erdogan wants to relieve congestion in the Bosphorus Strait, to minimize the risk of accidents. The canal would have greater capacity and higher tonnages.

This canal would enable Turkey to become an essential axis of world trade. Its cost is estimated at 9.2 billion USD$. The government approved the project last month.

Istanbul Canal.
Future route of the Istanbul Canal.

A channel that draws criticism

The canal is criticized for its cost and environmental impact. Opponents point in particular to the water pollution such a project would cause. Erdogan seems determined, however: Turkey will go ahead with the project “whether we like it or not”.

Register free of charge for uninterrupted access.

Publicite

Latest news

Enel announces €43 billion in investments and a dividend increase
Singapore: 17 Years in Prison for Former Oil Tycoon O.K. Lim in $100 Million Fraud
Ecolectro raises $10.5M to deploy its AEM electrolyzer technology
France: Primagaz urged to address massive customer service failures
New Russian Offensive: Ukrainian Energy Grid Severely Hit

Recently published in

New Russian Offensive: Ukrainian Energy Grid Severely Hit

A massive attack with drones and missiles targeted Ukraine's energy infrastructure, causing two deaths and major power outages. Kyiv denounces the intensification of strikes as winter approaches.
Trump strengthens energy strategy with Chris Wright and Doug Burgum
Chris Wright, a climate skeptic and CEO specializing in hydraulic fracturing, is named Secretary of Energy. He joins Doug Burgum on the National Energy Council to drive the United States' energy dominance strategy.
en_1140471540
Trump strengthens energy strategy with Chris Wright and Doug Burgum
Chris Wright, a climate skeptic and CEO specializing in hydraulic fracturing, is named Secretary of Energy. He joins Doug Burgum on the National Energy Council to drive the United States' energy dominance strategy.
en_1140471540
Al Gore denounces the role of petro-states in organizing COPs
During COP29 in Baku, Al Gore criticized the organization of climate conferences in petro-states and called for a reform of the selection process for host countries and participants, accusing these nations of conflicts of interest.
en_1140469540
Al Gore denounces the role of petro-states in organizing COPs
During COP29 in Baku, Al Gore criticized the organization of climate conferences in petro-states and called for a reform of the selection process for host countries and participants, accusing these nations of conflicts of interest.
en_1140469540
Decarbonization: French industry will double its electricity consumption by 2050
To meet its climate targets, French industry will need to double its electricity consumption by 2050, reaching 207 TWh. This energy transition, essential for decarbonization, poses significant technological and economic challenges.
en_1140446540
Decarbonization: French industry will double its electricity consumption by 2050
To meet its climate targets, French industry will need to double its electricity consumption by 2050, reaching 207 TWh. This energy transition, essential for decarbonization, poses significant technological and economic challenges.
en_1140446540

France: Agnès Pannier-Runacher welcomes progress in the 2025 budget for Energy Transition

The 2025 budget, debated in Parliament, foresees a 2 billion euro increase for Energy Transition. Agnès Pannier-Runacher applauds additional amendments for industrial decarbonization and other key measures.
France achieves record electricity exports in 2024
In 2024, France reaches an unprecedented level of electricity exports in 22 years, supported by increased nuclear and hydropower production and moderated domestic demand. A strategic success in the European energy market.
en_1140444540
France achieves record electricity exports in 2024
In 2024, France reaches an unprecedented level of electricity exports in 22 years, supported by increased nuclear and hydropower production and moderated domestic demand. A strategic success in the European energy market.
en_1140444540
China: New Ambitious Climate Goals Unveiled at COP29
The Chinese vice premier announced revised commitments aimed at achieving carbon neutrality before 2060, while pledging increased financial contributions to support developing countries in addressing climate challenges.
en_1140441540
China: New Ambitious Climate Goals Unveiled at COP29
The Chinese vice premier announced revised commitments aimed at achieving carbon neutrality before 2060, while pledging increased financial contributions to support developing countries in addressing climate challenges.
en_1140441540
COP29: Brazil Calls for Responsible Use of Natural Resources
At COP29, Brazilian Environment Minister Marina Silva responded to the Azerbaijani president's remarks, advocating for the measured use of natural resources, especially oil, while affirming Brazil’s climate commitments.
en_1140440540
COP29: Brazil Calls for Responsible Use of Natural Resources
At COP29, Brazilian Environment Minister Marina Silva responded to the Azerbaijani president's remarks, advocating for the measured use of natural resources, especially oil, while affirming Brazil’s climate commitments.
en_1140440540

Low Risk for France’s Electricity Supply This Winter, Says RTE

Low Risk for France’s Electricity Supply This Winter, Says RTE
The United Kingdom positions itself as a climate leader at COP29 with ambitious goals
At COP29 in Baku, the United Kingdom unveiled an ambitious plan to cut greenhouse gas emissions by 81% by 2035, asserting its leading role in global climate diplomacy.
en_1140420540
The United Kingdom positions itself as a climate leader at COP29 with ambitious goals
At COP29 in Baku, the United Kingdom unveiled an ambitious plan to cut greenhouse gas emissions by 81% by 2035, asserting its leading role in global climate diplomacy.
en_1140420540
France: a clause to adjust electricity tax based on market fluctuations
The French government proposes a "rendezvous clause" to adjust the electricity tax increase, ensuring a 9% decrease in regulated electricity bills for the majority of households by February 2025.
en_1140406540
France: a clause to adjust electricity tax based on market fluctuations
The French government proposes a "rendezvous clause" to adjust the electricity tax increase, ensuring a 9% decrease in regulated electricity bills for the majority of households by February 2025.
en_1140406540
Thailand: Nine Illegal Bitcoin Mining Farms Shut Down for Massive Electricity Theft
Thai authorities have dismantled nine illegal Bitcoin mining farms accused of stealing over €270,000 worth of electricity. Two suspects have been arrested for large-scale energy fraud.
en_1140415540
Thailand: Nine Illegal Bitcoin Mining Farms Shut Down for Massive Electricity Theft
Thai authorities have dismantled nine illegal Bitcoin mining farms accused of stealing over €270,000 worth of electricity. Two suspects have been arrested for large-scale energy fraud.
en_1140415540

COP29: The United States Promises to Continue Climate Action Despite Political Uncertainty

On the eve of a possible Trump presidency, the United States seeks to reassure its partners on its climate commitment at COP29, amidst North-South tensions and a debate on financial aid for developing countries.
Scottish Justice: Greenpeace and Uplift Challenge the Authorization of Rosebank Oil Field
Two environmental NGOs are challenging in Scottish court the authorization to drill in the Rosebank and Jackdaw oil and gas fields in the North Sea, denouncing their impact on the UK's climate objectives.
en_1140394540
Scottish Justice: Greenpeace and Uplift Challenge the Authorization of Rosebank Oil Field
Two environmental NGOs are challenging in Scottish court the authorization to drill in the Rosebank and Jackdaw oil and gas fields in the North Sea, denouncing their impact on the UK's climate objectives.
en_1140394540
The Urgent Call of the German Energy Sector in the Face of Political Instability
The German energy sector urges the government to pass key reforms before the planned dissolution of parliament in January, fearing prolonged gridlock following the coalition's collapse.
en_1140364540
The Urgent Call of the German Energy Sector in the Face of Political Instability
The German energy sector urges the government to pass key reforms before the planned dissolution of parliament in January, fearing prolonged gridlock following the coalition's collapse.
en_1140364540
End of Biden’s Strategy for Replenishing the U.S. Strategic Petroleum Reserves
The White House completes its oil purchasing program to replenish strategic reserves, marking the end of a controversial initiative aimed at strengthening energy security after massive releases in 2022.
en_1140366540
End of Biden’s Strategy for Replenishing the U.S. Strategic Petroleum Reserves
The White House completes its oil purchasing program to replenish strategic reserves, marking the end of a controversial initiative aimed at strengthening energy security after massive releases in 2022.
en_1140366540

COP29: Australia Increases Climate Support and Advocates for Green Hydrogen

As a contender to host COP31, Australia is pushing for ambitious climate commitments at COP29 in Azerbaijan, while promoting green hydrogen initiatives for Asian markets.
France: uncertainties surrounding the future Nuclear Safety Authority scheduled for January
France: uncertainties surrounding the future Nuclear Safety Authority scheduled for January
en_1140375540
France: uncertainties surrounding the future Nuclear Safety Authority scheduled for January
France: uncertainties surrounding the future Nuclear Safety Authority scheduled for January
en_1140375540
China Adopts New Law to Accelerate Carbon Neutrality by 2060
China has ratified an ambitious legislation aimed at promoting carbon neutrality and framing sustainable energy development in response to growing climate challenges.
en_1140377540
China Adopts New Law to Accelerate Carbon Neutrality by 2060
China has ratified an ambitious legislation aimed at promoting carbon neutrality and framing sustainable energy development in response to growing climate challenges.
en_1140377540
Brazil raises its greenhouse gas reduction target for 2035
Brazil has increased its greenhouse gas reduction target from 59% to 67% by 2035 as part of its commitment to the Paris Agreement.
en_1140363540
Brazil raises its greenhouse gas reduction target for 2035
Brazil has increased its greenhouse gas reduction target from 59% to 67% by 2035 as part of its commitment to the Paris Agreement.
en_1140363540

Washington: Carbon Market Preserved After Rejection of Initiative 2117

Voters in Washington rejected Initiative 2117, ensuring the continuation of the carbon market established in 2021. This decision could drive up carbon allowance prices.
Trump in Power: A Threat to the Fight Against Climate Change
Donald Trump's election in the United States, with his open climate skepticism, could reverse American environmental commitments, jeopardizing global climate goals and increasing greenhouse gas emissions.
en_1140359540
Trump in Power: A Threat to the Fight Against Climate Change
Donald Trump's election in the United States, with his open climate skepticism, could reverse American environmental commitments, jeopardizing global climate goals and increasing greenhouse gas emissions.
en_1140359540
IEA Warns of Insufficient Progress in Energy Efficiency Ahead of COP29
Just days before COP29, the International Energy Agency (IEA) sounds the alarm: progress in energy efficiency remains well below the goals set in 2023, jeopardizing the reduction of fossil fuel usage.
en_1140352540
IEA Warns of Insufficient Progress in Energy Efficiency Ahead of COP29
Just days before COP29, the International Energy Agency (IEA) sounds the alarm: progress in energy efficiency remains well below the goals set in 2023, jeopardizing the reduction of fossil fuel usage.
en_1140352540
U.S. Elections Reshape the Future of Energy: Between Protectionism and Climate Transition
The recent U.S. elections could reshape energy policies, influencing global markets, trade relations, and climate commitments. The opposing candidates’ positions, between protecting fossil industries and promoting clean energy, outline divergent prospects.
en_1140299540
U.S. Elections Reshape the Future of Energy: Between Protectionism and Climate Transition
The recent U.S. elections could reshape energy policies, influencing global markets, trade relations, and climate commitments. The opposing candidates’ positions, between protecting fossil industries and promoting clean energy, outline divergent prospects.
en_1140299540

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS