Latest news
EU Parliament passes bill hiking renewable energy targets
European Union lawmakers gave their final approval on Tuesday to legally binding targets to expand renewable energy faster this decade, a central part of Europe's plans to curb climate change and shift away from fossil fuels.
read more... 13/09/2023
Daily (29.08.2023): German spot power surged dramatically by about 27% amid ongoing heatwave
Crude oil prices ended rather stable on Monday as markets faced another day of uncertainty over price direction. Despite China's economic stimulus measures, worries about possible additional U.S. interest rate hikes overshadowed the positive impact. Thus, Brent crude ended rather flat at $84.42 a barrel. Meanwhile, U.S. WTI crude edged 0.3% higher at $80.10 a barrel.
read more... 29/08/2023
UK energy bills to fall after Ofgem lowers price cap by 7%
Millions of British households will have cheaper energy bills from October after British energy markets regulator Ofgem cut its price cap again to reflect a further fall in wholesale power and gas prices.
read more... 28/08/2023
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UK’s Ofgem approves grid amnesty for 8GW of projects
The Office of Gas and Electricity Markets (Ofgem), the energy regulatory authority in the UK, and the UK’s electricity transmission operator National Grid ESO have agreed to connect backlog projects to the grid.
read more... 17/08/2023
€5bn Czech scheme to support energy producers given EU greenlight
Under the measure, subsidised loans will be provided to large energy producers to meet the collateral requests in the energy trading markets
read more... 11/08/2023