Latest news
EU countries fail to agree energy reforms after coal subsidy clash
European Union countries failed on Monday to agree on planned new rules for the bloc's power market, having clashed over a proposal to extend subsidies for coal plants under the reform, and a push to expand state aid for other power plants.
read more... 20/06/2023
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EU puts an end to its electricity market crisis measures
The European Commission said on Monday it had decided not to prolong emergency measures introduced last year to shield consumers from soaring energy prices, adding those measures had helped to contribute to a calming of European electricity markets.
read more... 06/06/2023
First hydrogen bank auction will help gauge market
The first auction to support green hydrogen production in Europe will help understand supply and demand on the emerging EU market when it takes place at the end of the year, according to the European Commission.
read more... 02/06/2023
Ofgem plans to end temporary last resort supply payment claim process
In a bid to adapt to evolving market conditions, Ofgem is proposing to end the temporary multiple claim process for Last Resort Supply Payments (LRSPs).
read more... 30/05/2023
UK electricity market sets CAP below £100/MWh for first time since 2021
The Credit Assessment Price will fall to £85/MWh in response to stabilising wholesale prices
read more... 29/05/2023