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EU countries agree gas price cap to contain energy crisis
European Union energy ministers on Monday agreed a gas price cap, after weeks of talks on the emergency measure that has split opinion across the bloc as it seeks to tame the energy crisis.
read more... 20/12/2022
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EDF further delays the restart of several nuclear plants
French nuclear operator EDF has further delayed the restart of several of its nuclear reactors affected by stress corrosion, in some cases until as late as June, as it struggles to get enough units online to meet winter power demand.
read more... 20/12/2022
German parliament approves windfall tax
Germany's Bundestag has approved the introduction of a windfall levy on excessive earnings from renewable energy generation as part of a package of measures meant to cap gas and electricity prices through April 2024.
read more... 20/12/2022
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Octopus Energy signs 2.4TWh PPA with Shell Energy Europe in UK
The UK-based Octopus Energy Group has signed a power purchase agreement (PPA) with Shell Energy Europe to procure 2.4TWh of wind energy a year from the Dogger Bank offshore wind farm.
read more... 19/12/2022
Daily (19.12.2022): Energy complex fell on Friday as cold snap is set to end
Crude oil prices continued to lose ground on Friday, dragged down by worries about an impending recession after central banks in Europe and North America made it clear they would continue to battle inflation aggressively. Brent crude futures fell by $2.17, or 2.7% to settle at $79.04 a barrel. U.S. WTI crude slipped by $1.82, or 2.4%, to end at $74.29 a barrel.
read more... 19/12/2022