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Suspension of EU carbon market not feasible

Carbon markets industry group the International Emissions Trading Association has dismissed suggestions that the EU Emissions Trading System should be suspended temporarily due to the energy price crisis.

read more... 29/08/2022

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Portugal to let households move to cheaper regulated gas tariffs

Portugal's government will allow households and small businesses that buy natural gas in the liberalised market to move to regulated tariffs and avoid huge price increases announced by utility companies, the energy minister said on Thursday.

read more... 29/08/2022

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Daily (26.08.2022): Gas and power prices are going crazy!!!

Oil prices dropped on Thursday as investors awaited the potential return of Iranian oil exports. Prices were also affected by fears that the rise in US interest rates would diminish demand for gasoline. As a consequence, WTI ended 2.5% lower at $92.52 and Brent crude oil settled 1.9% lower at $99.34.

read more... 26/08/2022

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British energy price cap to rise 80% to 3,549 pounds a year

British energy bills will rise 80% to anaverage of 3,549 pounds ($4,188) a year from October, regulator Ofgem said on Friday, calling it a "crisis" that needed to be tackled by urgent and decisive government action.

read more... 26/08/2022

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Romania's energy bill support scheme set to cost $3.27 bln

Romania's scheme to shield households and smaller businesses from soaring energy bills will cost around 16 billion lei ($3.27 billion), Energy Minister Virgil Popescu said on Wednesday.

read more... 26/08/2022

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