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France's Engie says has stockpiled enough gas to cope with potential disruption

French energy producer Engie has stockpiled more gas than on average in order to cope with any potential supply disruption with Russian gas imports, it said on Friday.

read more... 31/01/2022

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Austria plans 1.7 billion euro package to cushion energy price rises

Austria is introducing a 1.7 billion euro ($1.9 billion) package of measures to help households deal with rising energy costs, Chancellor Karl Nehammer said on Friday.

read more... 31/01/2022

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Daily (28.01.2022): European forward power prices were bullish on Thursday amid strong gas and CO2 markets

Crude oil prices eased on Thursday on the back of a stronger US dollar, but investors remained focused on the threat of a Russian attack on Ukraine and concerns over potential supply disruptions. As such, Brent crude fell by merely 0.7% to settle at $89.34 a barrel. At the same time, the American WTI crude price lost 0.9% at $86.61 a barrel.

read more... 28/01/2022

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RWE signs concession for Denmark’s 1 GW Thor offshore wind project

German energy major RWE AG  has signed a concession agreement with the Danish Energy Agency for the construction of the 1-GW Thor wind project off the Danish west coast.

read more... 28/01/2022

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EU to invest Eur1 billion in Green Deal cross-border energy infrastructure

EU member states have agreed to invest Eur1.037 billion ($1.16 billion) in cross-border energy infrastructure projects, with two-thirds of funds under the Connecting Europe Facility allocated to a subsea electricity interconnector to Cyprus, the Commission said Jan. 26.

read more... 28/01/2022

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