The French government will uphold caps on electricity price hikes until at least 2023 to protect citizens from high costs, finance minister Bruno Le Maire said via Reuters on Friday.
read more... 24/04/2023
The Netherlands and Britain plan to build what would be Europe's biggest cross-border electricity link connected to an offshore wind farm, their energy ministers said on Monday, part of efforts to boost energy security.
read more... 24/04/2023
The biggest nuclear reactor in Europe by capacity, Olkiluoto 3 in Finland, started regular electricity production on Sunday, entering into service 14 years later than initially planned.
read more... 18/04/2023
Crude oil prices rose slightly on Friday after the International Energy Agency (IEA) unveiled global demand will hit a record high this year on the back of a recovery in Chinese consumption. Hence, Brent crude rose by 0.3% to settle at $86.31 a barrel. U.S. WTI crude settled at $82.52 a barrel, gaining 0.4% day-on-day.
read more... 17/04/2023
German grid firm Amprion on Thursday said it plans to invest around 22 billion euros ($24 billion) over five years in its power transmission network, one of four in Europe's biggest economy, to make lines and cables fit for the transition to more renewable electricity.
read more... 14/04/2023