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Poland to cap power prices for households, small business
Poland will set a maximum electricity price of 785 zlotys ($156.61) per megawatt hour (MWh) for small businesses and entities such as hospitals and 693 zlotys/MWh for households in 2023, the country's prime minister said on Tuesday.
read more... 12/10/2022
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Technical issues affecting plan to send gas from France to Germany now solved
France will be able to send gas to Germany via a pipeline with now that technical problems have been addressed, gas network operator GRTgaz said on Monday, as the euro zone's biggest economy rushes to replace Russian gas.
read more... 12/10/2022
Germany girds for gas supply pain, targets $93 billion price relief plan
Germany on Monday said it plans to urgently implement a 96 billion euro ($93 billion) plan to ease pressure on consumers from surging gas prices as it was warned that the supply situation heading into winter remained tense even with full reserves.
read more... 12/10/2022
Daily (11.10.2022): European carbon contracts fell on Monday due to the collapse of demand in the industrial and energy sectors
After five straight days of gains, crude oil prices fell as weak economic data fueled concerns about a worldwide recession and reduced demand for fuel. Thus, Brent crude decreased by 1.8% to settle at $96.19 a barrel. Meanwhile, U.S. WTI crude ended 1.6% lower at $91.13 a barrel.
read more... 11/10/2022
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Finland, Estonia agree on Inkoo as site of LNG terminal
Finland and Estonia have agreed that their new joint floating LNG terminal will initially dock in Inkoo, southern Finland, the governments said on Monday.
read more... 11/10/2022