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Energy price cap expected at £1,550 for April

BFY Group predicts a drop in the energy price cap for April, estimating it to be around £1,550

read more... 14/02/2024

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EU to step up efforts for more carbon markets worldwide

The European Union will increase diplomatic efforts to help countries outside the bloc to launch carbon markets in the hope of fostering international trade of CO2 emissions, the bloc's climate policy chief said on Tuesday.

read more... 14/02/2024

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Daily (13.02.2024): Forward gas prices declined by about 5% on Monday due to a comfortable supply outlook

Oil prices ended mixed on Monday, with the market showing some relaxation after the recent surge. Nonetheless, geopolitical tensions persist. Consequently, Brent crude traded 0.2% lower at $82 a barrel, while WTI crude remained relatively stable to bullish at $76.92 a barrel.

read more... 13/02/2024

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France stalling over EDF wholesale tax

The government was mulling scrapping any reference to the tax from its draft energy sovereignty bill, which it had initially planned to table at the beginning of the month but had now postponed, said the MPs from the government’s ruling Renaissance party, confirming a report in French daily La Tribune.

read more... 13/02/2024

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New reactors at Bulgarian NPP to cost up to $14 bln in total

Bulgaria's energy minister Rumen Radev said on Monday that he expects the two planned reactors at the country's Kozloduy nuclear power plant (NPP) using Westinghouse Electric's AP1000 technology to cost up to $14 billion (13 billion euro) in total.

read more... 13/02/2024

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