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Germany approves bringing coal-fired power plants back online this winter

Germany's cabinet on Wednesday approved putting on-reserve lignite-fired power plants back online from October until the end of March 2024, the economy ministry said, as a step to replace scarce natural gas this winter and avoid shortages.

read more... 05/10/2023

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British Gas continues offering 50% off electricity bills

British Gas is continuing to provide customers with a 50% discount on their electricity bills as they extend their PeakSave Sundays scheme until the end of December.

read more... 04/10/2023

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Grid fees remain key sticking point as EU finalises hydrogen rules

As the European Union finalises its hydrogen and gas rulebook, key issues remain on how to remunerate network operators for building and maintaining Europe’s future hydrogen grid.

read more... 29/09/2023

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Daily (29.09.2023): Forward gas prices extended losses on Thursday amid ample supply and high inventory levels

Oil prices lost ground on Thursday, driven by profit-taking after the previous day's increase. Thus, Brent crude fell by 1.2% to settle at $95.38 a barrel, while WTI crude tumbled by 2% to close at $91.71 a barrel.

read more... 29/09/2023

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Daily (27.09.2023): British gas prices turned bearish on Tuesday amid healthy supply and milder weather forecasts

Crude oil prices continued the slightly but steady rise on Tuesday due to concerns regarding supply-demand crunch. However, macroeconomic fears have limited the upward trend. As a result, Brent crude traded 0.7% higher at $93.96 a barrel. Meanwhile, U.S. WTI crude rose by 0.8% to $90.39 a barrel.

read more... 27/09/2023

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