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What are DUoS Charges and How They Affect Your Business
DUoS (Distribution Use of System) charges are levied by the UK’s regional DNO (Distribution Network Operator) and have a massive impact on how much a company spends on electricity. These 3rd party costs support the maintenance, development, and operation of the UK’s electricity distribution networks.
read more... 29/03/2017
Gazprom: Ukraine has a gas debt of 5.3 billion USD
Russian gas conglomerate Gazprom had charged Ukrainian energy firm Naftogaz with a $5.3 billion bill for gas the country received in the period 1 to 16 June under a take-or-pay clause.
read more... 18/01/2017
Gas Interconnector Greece-Bulgaria receives five submit binding offers
Five binding offers have been submitted on a long-term basis for the binding phase of the market test for the gas interconnector Greece-Bulgaria, the joint venture in charge of the project said in a statement.
read more... 05/12/2016
Daily: US crude increased by 1.9% to settle at $44.89, snaps 6-day losing streak as market rallies
Oil prices rose on Monday, encouraged by a rebound in other asset classes after news that U.S. presidential candidate Hillary Clinton will not face charges over her emails, but gains were limited by an increasing dollar and doubts over OPEC's planned output cuts. U.S. West Texas Intermediate (WTI) crude augmented by 82 cents, or 1.9 percent, to settle at $44.89 a barrel for its first positive settle in seven sessions. Brent crude closed the session at $46.15 per barrel, having increased by 57 cents, or 1.25 percent, from the previous close.
read more... 08/11/2016
Germany set to increase green energy levy by 8% in 2017
The green energy levy in Germany (EEG), a surcharge paid by power consumers to support the transition to renewables, is expected to rise by 8 percent in 2017, despite governments efforts to slash support for renewable power.
read more... 11/10/2016