regents that were illegally annexed the russian president claims he's going to stabilize an x to regions. how that's the question to ask to put in at the moment. it doesn't look very good for them because it's not only the military pressure on them by the ukrainian army advancing. it's also that they do not seem to have gotten any support from the, from the local population or not a mass of we'll have to learn something that the cs, but in usually thank at city to night. ah ah ah, how did she become at all fiddler's favorite director?

and tony become a forgotten filled pioneer lady he finished and arnold funds between hitler and hollywood. in 1932, they set out into the icy wilderness of greenland to create a life threatening a film project that became a major milestone in their lives. love seduction, and our ice cold passion starts october 8th on d. w. in. ah, another blow to global energy supplies, the oil producing cartel opec plus is reducing output by $2000000.00 barrels a day, and a move as likely to hike energy prices further. and spain and germany plot

a new pipeline through the parent ease cannot guarantee europe's energy security. that is the state of your business on robots in berlin. welcome to the program, the opec oil producing countries and the allies have agreed to slash that output over the coming months. at a meeting in vienna, opec plus, which also includes russia, decided to reduce production by $2000000.00 barrels per day. move ames to support oil prices for to fallen by 30 percent since june. u. s. president joe biden lawyer says he's disappointed by this decision. the decision which he's called short sighted. well, let's discuss this further with carol knox. her is ceo of crystal energy. thanks a lot for joining us on t v business. this decision bio effect was going to come as a blow to countries already struggling with their energy costs, isn't it? well, if you good to look at the number $2000000.00 a day, literally,

that is definitely a market which has been struggling with high prices. but actually market observers understand it's not going to be the actual $2000000.00 a day taken out of the market because it's a big loss. most of them have been producing below the i look at the coach and ok to do that. so in reality, the $2000000.00 a day would translate into less than $1000000.00 a day off barrels taken out of the market. i'm not trying to down today the significance of that. i'm always not as bad as $2000000.00 a day, but we're seeing all ready, upward pressure on oil prices, which is already been used to energy consumers around the word. yes, americans are particular going to say it of the petro pumps on then president biden . this is disappointed by this decision is called it short sighted is the you is going to have to act in some way in response to this when just to people is speaking, the u. s. is not happy with. so is a decision. i want to say the u. s,

because you as is also the world's largest oil producer. so in that respect, height with prices can also benefit the u. s. this is an extent, but what would the speaking because we are heading towards mid term elections. and in months time, that is not good news because high prices affect the popularity of the current president and his administration. how that, how the u. s. were yet, i'm not quite sure how it can they react in the short term. but one of the possible scenarios is that they will reactivate the no big bill which was a discussed earlier this year and which was worth hopefully fi of big as a kind of day. and there will be consequences, legal consequences. but beyond that, there will be mainly political developments, which are unlikely to guess at this stage thing with a peck classes that russia is out the table along with opec sir, is there anything we should read into russia's involvement here because it does tend to gain strategically doesn't it from

a decision and rush has an important player, was an unpleasant, actually even more important for the longevity and the influence of the producer school. and it is the 2nd largest producer after saudi arabia. so definitely it has an important influence on the group, which is also showing clear support to russia and by putting up with pressure on prices that my it says is in move to support russian oil production and russian economy. just in time when western power is considering to put a price cap on russian oil exports. ok. co nutler from crystal energy. thank you so much. taking the talk thought was on to to be this. thank you. now germany and spain have agreed on the need for a new gas pipeline across the pyrenees. in western europe, just let all of shots has been visiting the spanish port of aconia, where he discussed getting liquefied natural gas from spain to the rest of the you

with prime minister petro sanchez, spain has 6 main. ellen gee, import terminals, ships carrying the liquid dock at these points where it's converted to gas to be transported by pipelines. but more, there are plenty of pores clearly just too low capacity pipelines currently connect spain with neighboring france and therefore germany. that's why all of shots and peter sanchez say, a 3rd pipeline called mid cat needs to be completed by 2025. so let's cross to our correspondence following the german delegation in akron, you're nina has a nina. it's good to have you on the program. germany clearly sees spain as pretty important to its future energy security, doesn't it? it does indeed. in fact, germany sees almost any body as a very important part in that puzzle. when it's trying to diversify its energy imports because of course,

imports from russia are no longer there and are no longer wanted either. so of course, spain plays an important role because you've mentioned it. it does get a lot of gas, but there is no connection into the european continent yet. now there is this pipeline project that was agreed upon a couple of years ago, but it was never finished because at the time people looked at the money and thought that it was not worth all the investment that would have had to go into it . but of course, the times have changed, and now germany is in favor of finishing this pipeline that would make gas imports from a countries like algeria possible into europe in a much quicker way. so germany's olaf shows and as spain's pedro sanchez have argued in favor of finishing this pipeline. but of course, there is a bit of opposition still to put it mildly from france because of course there is a very, as strong nuclear power lobby in france. yandy to how has that gone down with france and other parts of the eucharist, germany,

but it also was oversee upon as over energy just recently. it has indeed, and the french president has so far, always argued also against that's a fact that some people have put forward. those who are in favor of finishing this pipeline by saying it is not proven that such a pipeline pipeline would ultimately also be capable of transporting green hydrogen because that is ultimately also the goal. they don't want to stick with natural gas . they do want the transition towards renewable energy and green. hydrogen is a buzzword in europe. a horse and spain says it does want to become the powerhouse for green hydrogen by 2030, says pedro sanchez. he once sustained to essentially provide 10 percent of green hydrogen within europe. and as franz is a very reluctant when it comes to finishing the pipeline. but a man when mike on the french president did go to berlin earlier this week,

and today in the press conference, all left shots when asked about potential french opposition to the project will have shorts. his answer was quite interesting because he said, we do want to build this project with france together with france, and we do have the impression that that is not ruled out. so there does seem to be a bit of movement here. ok, any not aconia in spain for us. thank you very much. that germany is also hoping that renewable energy is, can help meet its future energy needs. but to do that, it also needs to be able to store the energy for when the sun is shining and the wind is blowing. they call it vague factory. this is where the startup test volt is based in the heart of germany. the company produces battery storage units. a single module stores 10 kilowatt hours, which can power the needs of a 4 person household per day. the modules can be connected to one another and industrial companies are keen on acquiring them. them for workers,

awake of the ukraine, more companies want a sustainable, secure, and affordable energy supply thing. and that's why customers call us and say, i need electricity storage. i want to freeze my electricity cost. if it's the only way to become independent of rising electricity prices, that is what the town of course creamer in eastern germany wanted with. it's new. so a farm there, price $0.06 per kilowatt hour of solar power plus $0.10 for storing it. that's half of what it costs from the power grid. when even should the weather's good, although solar plans produce extra electricity that we can store the facility. but if the weather is overcast or in the evening, and we can take it out of storage, the community could be a model for germany, but there are still only a few giant storage facilities installed in the country. that's because large scale expansion has its challenges. athena was a big missing building block is the raw material. batteries are often built using

rare minerals right now we have to manage to use cheaper easily available raw materials like sodium with new battery cell generations. and then a large scale nationwide expansion is also possible. so that will really manage to supply europe or parts of europe. 247 will truly self sufficient. green, affordable, safe way for video for, for them to produce as much as possible. despite the global computer chip storage, the company has developed a new storage model. rivera, what's next? theme failure. we had to respond extremely quickly and we're able to reduce the amount of chips we need is our products by 80 percent of kathy go. when phones on board that has helped us to grow away growing 100 percent this year over last year . you know from polite some foil, i'm not woodson. today the company already has or does worth more than 100000000 euros. and just recently,

investors injected further capital into the start up. the money will be used to build another giga factory soon. but of all those batteries are sufficient to supply europe's energy. the continents cows might be able to step in the flatulent creatures produced their own special brand of gas. and it can be used as a fuel the 600 dairy cows on this farm, and get chains or provide more than just milk. they also produce cheap fuel let then that's it got thought the over the last few years we've started a project that is allowing us to produce renewable energy and to have an actual circular economy. colada. this machine extracts bio methane from cow waste. the processed by a methane is and pump to a filling station in front of the farm that annoy produce it bio sustainable fuel from our livestock waste. the idea though li, as an agricultural company can input it into the transport system is extremely gratifying. on a personal level,

not may i develop s denali. here customers pay $1.00 euro, $39.00, a key low, up to a half cheaper than most other gas. in economically uncertain times, the station provides an advantage for the family, business and local drivers. and a reminder, the top business story with following for you this hour. if i go on producing countries on that allies have agreed to slash that output by $2000000.00 barrels per day. and they've aimed to support oil prices, which are borne by 30 percent since june vessel from the business name here in berlin from all go to the data we dot com slash business till next time. ah, what of these mountains of waste could just disappear? sustainable packaging is urgently sought bags made from algae foam from mushrooms

the future of sustainability. when will new technologies become cost effective? made in germany. next on d, w. o one, continent, 700000000 people with their own personal stories. europe. mm week. every day life with what europeans feared and what they hope for focus on europe in 60 minutes on d. w ah. is increasing every year in many im gonna working on lunch with holiday

destinations and drowning in plastic white. we rewind, happy to look at the car with every year, year of the exports over $1000000.00 tons of plus with there another way. after all, the environment isn't to recyclable. make up your own mind. d. w. made for mines. ah ah ah ah ah, it's true that protecting the environment is off next spencer.