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MEPs warn against “panicky” changes to power markets
Several European Parliament members warned against making panicky changes to the EU’s power markets in their first formal debate on Tuesday on the European Commission’s redesign proposals.
read more... 25/05/2023
Energy bills to fall for millions of Britons as regulator slashes price cap
Millions of British households will see cheaper energy bills from July after regulator Ofgem slashed its cap on prices following a slump in wholesale energy costs.
read more... 25/05/2023
Daily (24.05.2023): Crude oil prices rose by 1% on Tuesday amid concerns over tightening supply
Crude oil prices extended gains on Tuesday amid expected weak gasoline market and after Saudi energy minister warned about increased prospect of further OPEC+ outputs cuts. Hence, Brent crude ended at $76.84 a barrel, posting an 1.2% rise. Meanwhile, WTI crude rose by 1.2% to close at $72.9 a barrel.
read more... 24/05/2023
German energy regulator to study power grid returns
Germany's federal network regulator plans to study the permitted returns on infrastructure for power networks through to 2029 to take account of inflation and expansion plans by grid operators to accommodate renewable energies.
read more... 24/05/2023
Spain and France clash over ‘pink hydrogen’ in planned pipeline
The governments of France and Spain have disagreed over whether a planned multi-billion euro hydrogen pipeline between the two countries should carry hydrogen produced from nuclear power, also known as “pink” hydrogen.
read more... 24/05/2023