The conventional narrative about retail in emerging markets runs something like this: e-commerce is winning, physical retail is losing, and the only question is how fast the transition happens. The data from three markets — Slovakia, Ukraine, and the UAE — tells a more complicated story. Each faced the same structural pressure from digital commerce […]
Expert Mykhailo Pyrtko explains How an $8.5 billion international pledge became one of the most watched experiments in global climate finance 1. Introduction: A Historic Pledge In November 2021, on the sidelines of the COP26 climate summit in Glasgow, something genuinely unprecedented took place. The United States, United Kingdom, European Union, France and Germany jointly
Introduction: Nuclear’s Second Wind Nuclear energy occupies a paradoxical position in the twenty-first century energy landscape. Once heralded as the technology that would deliver limitless, clean electricity, it fell into prolonged disrepute following the accidents at Three Mile Island (1979), Chernobyl (1986), and Fukushima (2011). Decades of regulatory tightening, cost overruns, and public mistrust combined
The Nuclear Renaissance and AI’s Role In It Read More »
For decades, Australia’s economy has been fundamentally underpinned by large-scale extraction and export of fossil fuels. The country consistently ranks among the world’s top three exporters of coal and liquefied natural gas (LNG), historically supplying the basic energy needs of Asia’s largest industrial economies. Yet today, Australia’s energy sector is undergoing the most sweeping structural
The illusion of absolute energy independence is one of the most common myths in public policy. For small countries or states whose infrastructure has suffered critical destruction, attempts to achieve full autarky are not only economically unfeasible but also technically dangerous. Small energy systems (like Moldova’s) or systems that have lost a significant portion of
Energy Security of Small States: What Georgia’s Experience Shows Ukraine and Moldova Read More »
In the traditional European commercial real estate model, the landlord-tenant relationship is often transactional: the owner provides the walls, and the tenant provides the rent check. However, Roksolana Pyrtko, an expert navigating the corridors of both Dubai and European markets, argues that this model is becoming obsolete. While Europe offers unmatched stability and heritage, Dubai
The European power system is rapidly changing under the influence of the growing share of renewable energy sources, primarily solar and wind. Unlike traditional power plants, these sources depend on weather conditions, which complicates the stable balancing of electricity generation and consumption. As a result, situations are occurring more frequently in which more electricity is
Gas dependence remains one of the key vulnerabilities of Europe’s energy system, even after the sharp reduction in supplies from traditional sources in 2022–2024. While import volumes have formally changed, the role of natural gas in the EU economy—across industry, power generation, and energy system balancing—has not diminished. The current stabilization is not the result
For decades, coal has ensured Poland’s energy stability, supported industry, and reduced the risk of generation shortages during peak periods. However, by 2030 this model is becoming increasingly expensive—both due to the cost of CO₂ emissions and the structural transformation of Europe’s electricity market. Today, the key question is not whether renewable energy is needed,
Poland in the Energy Transition: Can the Country Replace Coal with Renewables by 2030? Read More »
After several years of energy crises, political declarations, and loud promises, the world is entering a phase where infrastructure is key. The year 2026 is not a symbolic date for the energy transition — it is the year when a number of major projects move from planning to full operation, establishing a new logic for
Energy Megaprojects of 2026: What Will Truly Change the Global Energy Landscape? Read More »
