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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

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EU bans Russians from booking gas storage

The EU has banned Russian nationals and companies from booking capacity in the bloc's natural gas storage facilities in its latest sanctions to pressure Russia to end its war in Ukraine.

read more... 01/03/2023

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Borrell: New EU sanctions against Russia before Feb 24

European Union High Representative for Foreign Affairs Josep Borrell stated on Monday that the 10th sanctions package against Russia is expected to be adopted by the EU before the end of the week, which also marks the anniversary of the onset of the Ukrainian conflict.

read more... 21/02/2023

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UK delays planning decision on Orsted's Hornsea 4 windfarm

Britain has delayed until mid July a decision on whether to grant permission for Orsted's giant Hornsea Four offshore windfarm, whose footprint on the sea floor partially overlaps that of a BP-led carbon capture project.

read more... 14/02/2023

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UK energy support schemes' cost halved as mild winter tames prices

Britain is likely to spend 69 billion pounds ($82.95 billion) on schemes to protect households and business from soaring electricity costs, half of the original estimate, a UK spending watchdog said, as a mild winter softened energy costs.

read more... 07/02/2023

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