Latest news
German electricity price fight intensifies ahead of government retreat
The German government coalition is split on whether or not to subsidise electricity prices for energy-intensive industries, such as chemical industries and steel, with Chancellor Scholz’s own Social Democrats party turning against his position.
read more... 29/08/2023
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Slovakia stops relying on Russia for nuclear fuel
A new deal with US firm Westinghouse means that 18 months after Russia invaded Ukraine, Slovakia has diversified its suppliers of crucial energy materials and is now looking to France for another source.
read more... 29/08/2023
Daily (28.08.2023): Supply concerns and stronger dollar pushed oil prices higher on Friday, despite gloomy global economic outlook
Oil prices edged up on Friday as supply concerns and a stronger dollar outweighed the worsening global economic outlook. Thus, Brent crude rose by 1.3% to settle at $84.48 a barrel, while WTI crude gained about 1% at $79.83 a barrel.
read more... 28/08/2023
UK energy bills to fall after Ofgem lowers price cap by 7%
Millions of British households will have cheaper energy bills from October after British energy markets regulator Ofgem cut its price cap again to reflect a further fall in wholesale power and gas prices.
read more... 28/08/2023
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Amprion begins planning 8GW offshore power link in Germany
The Windader West energy corridor will include four offshore connections, each with a power transmitting capacity of 2GW.
read more... 28/08/2023