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France caps power prices increase at 15% next year to shield consumers
Power and gas price increases for French households will be capped at 15% next year, Prime Minister Elisabeth Borne said on Wednesday, as governments across Europe look to tackle prices that have soared after Russia's invasion of Ukraine.
read more... 15/09/2022
North Sea nations plan huge expansion of wind power by 2050
Nine nations bordering the North Sea announced plans Monday to massively increase offshore wind power in the coming decades as part of an effort to combat climate change and become independent of fossil fuel imports, particularly from Russia.
read more... 13/09/2022
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EU states prepare for emergency talks on Russian gas price cap
European Union countries were poring over a range of proposals from Brussels ahead of emergency talks on Friday aimed at finding bloc-wide measures to cut rocketing energy costs before winter.
read more... 12/09/2022
Daily (09.09.2022): Oil prices turned bullish again on Thursday due to forecasts for stronger demand
Oil prices jumped on Thursday, on prediction of strong demand, and export threats with suspension of oil and gas from Russia to some buyers. Consequently, Brent crude surged by 1.3% to $89.15 a barrel, and WTI crude oil soared by 1.9% to $83.54 a barrel.
read more... 09/09/2022
Spain extends gas price cap amid fears of total Russian gas cut-off
Spain will extend a gas price cap to power plants linked to heavy industry amid fears Russia could cut off all gas supply to Europe by land or sea, Spanish Prime Minister Pedro Sanchez said on Tuesday.
read more... 08/09/2022