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UK cuts energy price cap, targets more oil, gas

The UK government will fix the energy retail price cap at £2,500/yr ($2,870/yr) for a 'typical' home for two years and will seek to accelerate domestic supply by launching a new North Sea oil and gas licensing round and lifting a moratorium on hydraulic fracturing (fracking), prime minister Liz Truss said today.

read more... 09/09/2022

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Germany to refill gas storage ahead of schedule

Germany’s energy and climate ministry expects to meet a target early to replenish the country’s gas stocks, ensuring households and industry will be supplied this winter, Der Spiegel reported at the weekend.

read more... 01/09/2022

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Germany reaches 75% gas stocks target ahead of schedule

German gas storage facilities were slightly more than 75% full last Friday, a couple of weeks ahead of target, data from European operators group GIE showed on Sunday.

read more... 15/08/2022

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Germany likely to miss gas storage target without additional measures

If reduced Russian gas flows through Nord Stream 1 pipeline to Germany remain at the current level, Germany might not hit its gas storage target by November.

read more... 09/08/2022

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Greece adopts key offshore wind law, targets 2 GW in its seas by 2030

Greece has taken a key step towards harnessing offshore wind with the approval in parliament last week of the country’s first Offshore Wind Law, industry group WindEurope said on Wednesday.

read more... 05/08/2022

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