Latest news
.jpg)
EU drafts rules to stop power suppliers cutting off vulnerable consumers
European Union countries will have to protect vulnerable consumers from being cut off by electricity suppliers if they cannot pay their bills, according to draft EU rules due to be published on Tuesday.
read more... 15/03/2023
Britain extends household energy support scheme to June
Britain extended its support for household energy bills by three months to the end of June, the government said on Wednesday, keeping a lid on household bills in a move that should help ease the country's cost of living squeeze.
read more... 15/03/2023
.jpg){kind=spacer}
Finland's OL3 nuclear reactor resumes test output
Finland's much-delayed Olkiluoto 3 (OL3) nuclear reactor resumed test production of electricity on Wednesday after an outage of more than two months, facility operator TVO said.
read more... 15/03/2023
Daily (14.03.2023): Oil prices fell by about 2% on Monday amid bank collapse jitters
Crude oil prices decreased on Monday following last week’s bank collapse in the US, which caused an overall sentiment of concern on the global financial markets. Hence, Brent crude declined by $2.01, or 2.4%, to $80.77 per barrel. Meanwhile, WTI crude dropped by $1.88, or 2.5%, to settle at $74.80 per barrel.
read more... 14/03/2023
.jpg)
EU to revamp power market, aiming to blunt price spikes
The European Commission is set to propose a revamp of Europe's electricity market rules on Tuesday, aimed at expanding the use of fixed-price power contracts to shield consumers from severe price spikes like those experienced last year.
read more... 14/03/2023