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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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Nine EU countries want low-carbon hydrogen included in bloc’s renewables goals

Nine EU member states, including France, have called on the European Commission to include low-carbon hydrogen – produced from nuclear electricity – in the EU’s renewable hydrogen targets.

read more... 06/02/2023

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Belgium largest energy supplier to EU neighbours in 2022

Belgium played a key role in supplying energy to its main neighbours in 2022, as it was France’s largest electricity supplier and Germany’s main transit country for natural gas.

read more... 03/02/2023

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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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EU's planned reforms aim to better protect power bills from market swings

European Union proposals to overhaul its electricity market will attempt to better protect consumer energy bills from short-term swings in fossil fuel prices, the European Commission said on Monday.

read more... 25/01/2023

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