Latest news
Germany's electricity price cap to cost 14.5 bln eur until May
Germany plans to spend 14.5 billion euros ($15.75 billion) to finance its electricity price cap until May, a government document seen by Reuters showed, as part of a relief package Berlin set out last year to shield households and firms from surging energy prices.
read more... 25/01/2023
Denmark's GreenGo to build 4 GW green fuel plant
Danish renewable energy developer GreenGo Energy said on Tuesday that it's cooperating on 60 billion Danish crowns ($8.77 billion) project to develop a green energy park.
read more... 25/01/2023
EU's planned reforms aim to better protect power bills from market swings
European Union proposals to overhaul its electricity market will attempt to better protect consumer energy bills from short-term swings in fossil fuel prices, the European Commission said on Monday.
read more... 25/01/2023
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Daily (24.01.2023): Prices for energy commodities have stabilised on Monday
Oil prices diverged on Monday. Brent crude rose by around 1%, to settle at $88.19 per barrel due to rising demand from China. However, WTI crude remained rather stable at $81.62 per barrel, amid persistent economic concerns.
read more... 24/01/2023
Portugal to launch first offshore wind auction, eyes 10 GW by 2030
Portugal expects to launch its first offshore wind power auction by the last quarter of this year, aiming to reach 10 gigawatts (GW) of installed capacity by 2030, Prime Minister Antonio Costa said on Monday.
read more... 24/01/2023