Latest news
EU hopes to build on past experience to fast-track hydrogen market
In its attempt to create an EU-wide market for clean hydrogen, the European Commission aims to build on years of experience spent trying to integrate EU markets for gas and electricity. These lessons could prove crucial to grow the hydrogen market and meet the bloc’s 2030 climate goals.
read more... 06/05/2022
.jpg)
Swiss preparing for possible 'severe' electricity and gas shortages
The Swiss government is setting up a gas sector crisis intervention group and a monitoring system for early detection of an impending electricity shortage, it said on Wednesday, as it prepares for the possibility of "severe" power shortages.
read more... 05/05/2022
.jpg)
Bulgaria becomes regional hub for gas supplies
A regional coordination centre will be set up in Bulgaria to manage the overall use of gas and electricity infrastructure and additional gas purchases for the Balkans and Italy, announced Deputy Prime Minister and Finance Minister Asen Vassilev in Brussels after meeting with EU Commission President Ursula von der Leyen and Executive Vice-President Frans Timmermans on Thursday (28 April).
read more... 02/05/2022
Electricity market ‘not to blame for current crisis’
The EU’s integrated electricity market has helped mitigate energy prices, bringing benefits estimated at €34 billion per year, according to a report by the EU’s energy regulators, who outline 13 measures to alleviate the ongoing price crisis.
read more... 29/04/2022
Daily (28.04.2022): European electricity prices soared on Wednesday as Russia turns off is gas taps
Crude oil prices increased modestly on Wednesday ongoing concerns about tight worldwide supply, exacerbated by Russia's move to cut off gas shipments to two European nations. Hence, Brent crude rose by 0.3% to settle at $105.32 a barrel. U.S. WTI crude added 0.3% to end at $102.02 a barrel.
read more... 28/04/2022