Latest news
.jpg)
Greeks pitch new electricity market model as fight over market reform intensifies
With the EU subject to record-breaking electricity prices, leaders have tasked the European Commission with working towards a reform of a system they consider failed in order to decouple gas prices from electricity prices.
read more... 29/07/2022
.jpg)
UK to remove cost exemptions for imported green energy, to stop recognizing EUGOs
The UK Government is set to end exemptions for imported green energy in Feed-in Tariffs and Contract for Difference schemes with a target date pending legislation of April 1, 2023, it said in an update to a consultation on the move posted on its website July 27.
read more... 29/07/2022
.jpg)
Germany set to impose gas levy on consumers to support ailing importers
Germany is set to impose a levy on all gas consumers from Oct. 1 aimed at helping suppliers struggling with soaring gas import prices, a draft law showed on Thursday.
read more... 29/07/2022
Daily (28.07.2022): Crude oil prices surged on Wednesday due to reports of lower US stocks
Crude oil prices surged on Wednesday following reports of lower US stocks and a reduction in Russian gas exports to Europe, which counterbalanced worries about weakening demand and higher interest rates in US. As such, WTI crude rose by 2.4% to settle at $97.26 per barrel, Brent crude ended 2.1% up at $106.62 a barrel.
read more... 28/07/2022
Acciona Energía signs PPA with Fortia for renewable energy
Acciona subsidiary Acciona Energía has signed a framework agreement with energy management platform Fortia to deliver 1TWh of renewable power a year for a period of five to ten years.
read more... 28/07/2022