Latest news
The EU to triple renewable production by 2030
The EU has announced new plans to increase renewable production by a third and phase-out natural gas use amid volatile energy prices.
read more... 16/03/2023
Daily (15.03.2023): Spot electricity prices in Europe soared on Tuesday, driven by rising demand and falling wind generation
In the wake of further monetary tightening, which triggered turbulence in the U.S. banking sector, oil prices ended sharply lower on Tuesday. Thus, Brent crude fell by 4% to $77.45 a barrel.
read more... 15/03/2023
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EU drafts rules to stop power suppliers cutting off vulnerable consumers
European Union countries will have to protect vulnerable consumers from being cut off by electricity suppliers if they cannot pay their bills, according to draft EU rules due to be published on Tuesday.
read more... 15/03/2023
Britain extends household energy support scheme to June
Britain extended its support for household energy bills by three months to the end of June, the government said on Wednesday, keeping a lid on household bills in a move that should help ease the country's cost of living squeeze.
read more... 15/03/2023
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Finland's OL3 nuclear reactor resumes test output
Finland's much-delayed Olkiluoto 3 (OL3) nuclear reactor resumed test production of electricity on Wednesday after an outage of more than two months, facility operator TVO said.
read more... 15/03/2023