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Hungary seeks to amend Paks nuclear plant contract with Russia
The Hungarian government has introduced a bill to its parliament that could amend the existing contract with Russia’s Rosatom for the Paks nuclear plant expansion.
read more... 22/11/2024
Daily (21.11.2024): European forward power prices increased by 2% on Wednesday, tracking bullish gas
Oil prices dropped on Wednesday, weighed down by a surprise rise in US stockpiles, as investor focus shifted back to supply and demand dynamics following the intensifying tensions between Ukraine and Russia. Brent crude closed at $72.81 per barrel falling by 0.7%, while WTI crude ended the day at $68.75 per barrel, down by nearly 1% day-on-day.
read more... 21/11/2024
EU countries urged to align green H2 rules for refining
EU member states must harmonise the incentives they offer refineries to switch to renewable hydrogen in order to simplify investment decisions and ensure a level playing field, delegates heard at the European Hydrogen Week event in Brussels.
read more... 21/11/2024
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Germany's THE to raise gas storage surcharge from Jan. 1
A tariff customers pay to access gas from Germany's underground storage caverns will rise by a fifth from Jan. 1, system operator Trading Hub Europe (THE) said on Wednesday, after buyers outside the country gain exemption from the charge.
read more... 21/11/2024
£500m winter energy support pledged for energy customers
Energy suppliers and the UK government have announced a £500 million package to support households struggling with energy costs during the winter of 2024/25.
read more... 21/11/2024