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French grid operator RTE to return more than 1 bln euros to clients

France's power grid operator RTE said it intended to return more than 1 billion euros ($961 million) to its clients at the start of 2023, a total matching this year's revenue windfalls prompted by tensions on the electricity market.

read more... 29/09/2022

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Lawmakers close in on EU carbon market ‘frontloading’ to lower energy prices

Political groups in the European Parliament announced a deal on Tuesday (27 September) that will see the equivalent of €20 billion taken from the EU carbon market in a bid to finance the move away from Russian fossil fuels and lower consumer energy bills.

read more... 29/09/2022

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Daily (28.09.2022): Natural gas prices soared on Tuesday due to leaks on the Nordstream pipeline and supply concerns

Oil prices increased on Tuesday, as Opec and its partners Opec+ may cut production to stabilize the market. Consequently, Brent crude soared by 2.6% to $86.27 a barrel, and WTI oil raised by 2.3% to $78.50 a barrel.

read more... 28/09/2022

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Bulgaria is lagging in accumulation of gas reserves

Bulgaria will not achieve the EU’s minimum goal of filling up to 80% of its gas storage by the start of the heating season, which in the EU begins on 1 October, EURACTIV’s partner Dnevnik reported.

read more... 28/09/2022

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Hungary opposes EU sanctions on Russian nuclear sector

Hungary, which is highly dependent on Russian energy, said Monday (26 September) it staunchly opposed European Union sanctions on the Russian nuclear industry, following EU talks on the issue at the weekend.

read more... 28/09/2022

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