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Germany's biggest power producer RWE to phase out coal by 2030

Germany's largest power producer RWE said on Tuesday it is bringing forward its coal phase-out by eight years and is ready to end lignite-based electricity generation in 2030 as part of a deal reached with the government.

read more... 05/10/2022

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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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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

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EU watchdog proposes emergency brake for energy markets

A temporary brake on gas and electricity derivatives when prices spike could improve how energy markets operate, the European Union's securities watchdog proposed on Thursday, along with more fundamental changes over time.

read more... 26/09/2022

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Greece to give energy savers bigger power bill subsidies

Consumers who cut down their electricity consumpion over the winter months will be rewarded with bigger power bill subsidies, Greek Prime Minister Kyriakos Mitsotakis said on Tuesday.

read more... 21/09/2022

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