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UK energy support schemes' cost halved as mild winter tames prices

Britain is likely to spend 69 billion pounds ($82.95 billion) on schemes to protect households and business from soaring electricity costs, half of the original estimate, a UK spending watchdog said, as a mild winter softened energy costs.

read more... 07/02/2023

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Germany's electricity price cap to cost 14.5 bln eur until May

Germany plans to spend 14.5 billion euros ($15.75 billion) to finance its electricity price cap until May, a government document seen by Reuters showed, as part of a relief package Berlin set out last year to shield households and firms from surging energy prices.

read more... 25/01/2023

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Poland earmarks $1 bln to help curb surge in household heating bills

Proposed measures to help Polish households cope with rising heating bills will cost 4.5 billion zlotys ($1.04 billion), according to a draft law posted on the parliament website on Friday.

read more... 23/01/2023

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Greece to double subsidy on energy bills to 840 mln euros in January

Greece will increase subsidies on energy bills to 840 million euros ($892.08 million) in January to continue supporting households and businesses against soaring energy prices, Energy Minister Kostas Skrekas said on Friday.

read more... 26/12/2022

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German parliament passes 100 bln eur package to cap energy bills

Germany's lower house of parliament on Thursday passed legislation worth an estimated 100 billion euros ($106.14 billion) to put the brakes on electricity and gas bills for households and industry from January.

read more... 16/12/2022

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