Latest news
Daily (29.08.2022): German and French power contracts hit new records!
U.S. Federal Reserve's warnings about imminent economic hardship and Saudi Arabia's signals that OPEC will restrict output supported oil prices. As a result, Brent crude oil increased by 1.7% to reach $100.99 a barrel in a volatile trading on Friday, while WTI rose by 0.6% to reach $93.06 a barrel.
read more... 29/08/2022
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Spain's Iberdrola terminating thousands of French retail power contracts as prices soar
Spanish utility Iberdrola is terminating power contracts with thousands of its French customers because of unprecedented power price rises, it said in a letter seen by Reuters.
read more... 22/08/2022
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Germany's gas levy cannot be implemented as planned
The German government will have to amend its energy security law again in September as its gas levy cannot yet be imposed on all consumers, including those with fixed prices contracts, government and parliamentary sources told Reuters on Wednesday.
read more... 04/08/2022
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UK to remove cost exemptions for imported green energy, to stop recognizing EUGOs
The UK Government is set to end exemptions for imported green energy in Feed-in Tariffs and Contract for Difference schemes with a target date pending legislation of April 1, 2023, it said in an update to a consultation on the move posted on its website July 27.
read more... 29/07/2022
Dutch firm Gasunie secures 7 bcm of LNG for new terminal
Dutch gas company Gasunie on Thursday (7 July) said it had contracted 7 billion cubic metres (bcm) of liquefied natural gas (LNG) per year to be delivered to its new terminal in the north of the Netherlands.
read more... 08/07/2022