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EU watchdog sees concentration, liquidity risks in gas derivatives
Europe's $4.5 trillion natural gas derivatives market has become less transparent since Russia's invasion of Ukraine and faces risks due to a small number of market players and low liquidity, the European Union's securities watchdog said on Friday.
read more... 15/05/2023
UK energy bills set to soar due to gas import dependency
British homes could be heavily dependent on foreign gas as the UK faces a decline in North Sea gas output.
read more... 15/05/2023
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1.6 million UK homes joined scheme to cut winter power demand
Some 1.6 million British homes signed up to a scheme paying them to cut electricity use to help prevent power shortages last winter, saving over 3,300 megawatt hours (MWh) of electricity, National Grid said on Wednesday.
read more... 12/05/2023
Energy crisis drives EU institutions to cut down on energy use, go solar
The energy crisis and pressure to reduce consumption following the invasion of Ukraine have driven further demand cuts as EU institutions join efforts to cut energy use and emissions.
read more... 02/05/2023
Ukraine’s electricity exports skyrocket after six-month break
Ukraine exported almost 90,000MWh of electricity last month.
read more... 02/05/2023