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Greece proposes power link to Austria, Germany
Greece has proposed building a cable that will carry electricity produced by renewables to Austria and southern Germany, its Energy Minister said on Thursday.
read more... 21/10/2022
Gas cap could slash German power price massive 72%
The introduction of a European gas price cap could slash the German wholesale power price by up to a whopping EUR 309, or 72%, from its current level next winter, an analyst said on Thursday. However, it would still not be enough to see prices revert to levels they were before Russia’s war in Ukraine, Ryan Alexander, research lead at Aurora Energy Research, told Montel’s Austrian Energy Day.
read more... 14/10/2022
Portugal ranked 4th for renewable energy in Europe
According to the most recent figures of the Portuguese Association for Renewable Energies (Apren), in the month of August, Portugal produced 46.8% of its electricity from renewable power sources, earning for itself a fifth place in Europe and forth, if the cumulative energy stock for 2022 is counted. Portugal, in 2022, was able to produce 54.6% of its energy from renewables. This result is lower than Norway, Austria and Denmark which reach respectively 99%, 80% and 77%.
read more... 14/09/2022
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Austria backs EU cap to end 'madness' of runaway power prices
Austrian Chancellor Karl Nehammer backs a European Union-wide cap on runaway electricity prices, he said in a statement issued by his office on Sunday.
read more... 30/08/2022
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Austria, Germany plan to fill Gazprom storage facility
Austria and Germany will work together to refill the Gazprom-controlled gas storage facility at Haidach, the energy ministers of the two countries said on Tuesday.
read more... 13/07/2022