South African state-run power utility Eskom has submitted a request to the domestic regulator NERSA (National Energy Regulator of South Africa) for a 45% electricity price hike spread over the next three years. Public hearings on Eskom’s demand for an initial 15% electricity tariff increase are expected to start later in January 2019.
read more... 08/01/2019
Danish offshore wind major Ørsted A/S will pause and review its plans for investments in Taiwan as it has been unable to secure a key permit for 900 MW of offshore wind projects in time to get the 2018 feed-in tariff (FiT).
read more... 04/01/2019
The controversial energy price cap for consumers on default tariffs has entered force today.
read more... 02/01/2019
Oil prices jumped on Monday, after Qatar decided to quit the OPEC club in January 2019. Furthermore, US-China trade tensions eased as no additional tariffs will be imposed during a period of 90-days. Expectations for OPEC supply reduction also stimulated prices. Brent crude price increased by 5.1% to $61.69 a barrel. Meanwhile, WTI crude gained 4% to $52.95 a barrel.
read more... 04/12/2018
France’s CRE energy market regulator on Friday recommended a 2.4 percent drop in regulated gas tariffs, paid by around 4.6 million residential customers in France to Engie, as from Dec. 1.
read more... 26/11/2018