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Utilities expect UK to maintain household power bill support
British energy companies expect the government to change course and maintain its support for households for high gas and electricity bills at or near existing levels after the current package expires in April, reported the BBC on Friday.
read more... 03/03/2023
Daily (03.03.2023): Forward electricity prices were bearish on Thursday tracking lower gas and carbon prices
Oil prices had a bullish evolution on Thursday amid optimism about Chinese demand and reduced concerns about a potential economic downturn in the United States. Consequently, Brent crude increased by 0.5% to $84.75 a barrel and WTI oil closed 0.6% higher at $78.16 a barrel.
read more... 03/03/2023
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Spain, Netherlands back quick deal on EU power market reform
Spain and the Netherlands have backed a rapid deal on an upcoming revamp of Europe's electricity market, as countries seek to reduce power costs and help their industries compete in global markets.
read more... 28/02/2023
Europe gets ready to revamp its electricity market
European Union energy ministers meet on Monday to debate upcoming power market reforms. Brussels is set to propose the revamp next month, but already countries are split over how to "fix" the energy system - or whether it needs fixing at all.
read more... 27/02/2023
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Vattenfall urges EU to make green power investments attractive
Swedish utility Vattenfall on Monday called on European Union lawmakers to make investments in low carbon electricity production and transport attractive, warning that putting limits on prices and profits could be toxic.
read more... 27/02/2023