Latest news
Poland to extend gas tariff protection for households until end 2027
Poland's government said on Monday that it plans to postpone the liberalization of household gas prices until the end of 2027 to help consumers cope with soaring energy costs.
read more... 12/07/2022
UK lawmakers approve windfall tax on oil and gas producers
British lawmakers approved a 25% windfall tax on oil and gas producers in the British North Sea on Monday, which the government says will raise 5 billion pounds ($5.95 billion) in one year to help people struggling with soaring energy bills.
read more... 12/07/2022
.jpg)
UK regulator Ofgem confirms need for huge Eastern HVDC link
UK energy regulator Ofgem has confirmed its support for the proposed 4-GW Eastern High Voltage Direct Current subsea power cable project between Scotland and England, which at GBP3.4 billion ($4.07 billion) would be Great Britain's largest electricity transmission project in recent history.
read more... 12/07/2022
(Daily 11.07.2022): Oil prices increased on Friday due to still tight global fuel supplies
Oil prices increased on Friday due to still tight global fuel supplies, even though investors remained concerned about a possible drop in demand due to recession. Thus, Brent crude soared by 2.3% to settle at $107.02 a barrel, while WTI soared by 2% at $104.79 a barrel.
read more... 11/07/2022
.jpg)
EDF nationalisation will not raise French household power bills
The planned nationalisation of French power utility EDF will not result in an increase in the electricity bills of French households, government spokesman Olivier Veran said on Sunday.
read more... 11/07/2022