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Germany targets variable customer power prices by 2025

German power suppliers may have to change their retail offers from 2025 as the government wants customers to benefit from adapting demand to high or low wholesale prices, the economy minister said on Wednesday.

read more... 12/01/2023

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South Korea fines Tesla $2.2 mln for exaggerating driving range of EVs

South Korea's antitrust regulator said it would impose a 2.85 billion won ($2.2 million) fine on Tesla IncĀ for failing to tell its customers about the shorter driving range of its electric vehicles (EVs) in low temperatures.

read more... 03/01/2023

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UK to extend its energy price support scheme to non-domestic customers

The UK will extend its Energy Bill Relief Scheme (EBRS) for non-domestic customers in Great Britain and Northern Ireland, the country's department for Business, Energy & Industrial strategy said in a statement on Thursday.

read more... 29/12/2022

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Spain's Iberdrola to invest $47 bln in energy transition in 2023-25

Spain's Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next two years, its chairman said in a strategy update on Wednesday.

read more... 10/11/2022

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British energy supplier Octopus to pay customers to save power this winter

British energy supplier Octopus is launching a scheme to pay customers not to use electricity during times of high power demand to help prevent blackouts this winter, it said on Friday.

read more... 10/10/2022

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