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Spain extends gas price cap amid fears of total Russian gas cut-off

Spain will extend a gas price cap to power plants linked to heavy industry amid fears Russia could cut off all gas supply to Europe by land or sea, Spanish Prime Minister Pedro Sanchez said on Tuesday.

read more... 08/09/2022

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Hungary aims to invest EUR 16 bln by 2030 to curb gas reliance

Hungary aims to invest up to 16 billion euros by 2030 to boost electricity production and storage capacity and curb reliance on gas imports, supplied mostly by Russia, Technology and Industry Minister Laszlo Palkovics said on Tuesday.

read more... 07/09/2022

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Germany to refill gas storage ahead of schedule

Germany’s energy and climate ministry expects to meet a target early to replenish the country’s gas stocks, ensuring households and industry will be supplied this winter, Der Spiegel reported at the weekend.

read more... 01/09/2022

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Suspension of EU carbon market not feasible

Carbon markets industry group the International Emissions Trading Association has dismissed suggestions that the EU Emissions Trading System should be suspended temporarily due to the energy price crisis.

read more... 29/08/2022

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German gas levy to be set at 2-3 euro cents per kilowatt hour

Germany's incoming gas price levy, which is meant to distribute the high costs of replacing Russian gas among all end-consumers, is to be set at between 2 and 3 euro cents per kilowatt hour (kWh), industry and government sources said.

read more... 16/08/2022

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