Latest news
UK energy package to cost 60 bln pounds over next six months
Britain will spend about 60 billion pounds ($67 billion) on subsidising gas and electricity bills for the next six months for households and businesses, finance minister Kwasi Kwarteng said on Friday.
read more... 26/09/2022
UK's first CO2 storage round attracts bids from 19 companies
A total of 19 companies applied to develop carbon dioxide (CO2) storages off Britain in the country's first such licensing round, the North Sea Transition Authority (NSTA) said on Thursday.
read more... 23/09/2022
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France caps power prices increase at 15% next year to shield consumers
Power and gas price increases for French households will be capped at 15% next year, Prime Minister Elisabeth Borne said on Wednesday, as governments across Europe look to tackle prices that have soared after Russia's invasion of Ukraine.
read more... 15/09/2022
UK cuts energy price cap, targets more oil, gas
The UK government will fix the energy retail price cap at £2,500/yr ($2,870/yr) for a 'typical' home for two years and will seek to accelerate domestic supply by launching a new North Sea oil and gas licensing round and lifting a moratorium on hydraulic fracturing (fracking), prime minister Liz Truss said today.
read more... 09/09/2022
Britain to set out $115 billion-plus plan to cut energy bills
New British Prime Minister Liz Truss will cap soaring consumer power bills on Thursday and promote new sources of energy in an expected 100 billion pound ($115 billion)-plus package designed to limit the economic shock caused by the war in Ukraine.
read more... 08/09/2022