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Denmark’s €3.4bn scheme to support energy-intensive firms granted EU approval

A €3.4 billion (£2.9bn) scheme to support energy-intensive companies in Denmark in the context of Russia’s war against Ukraine has been granted approval by the European Commission.

read more... 03/11/2022

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UK energy price caps will help to reduce inflation

Britain's energy price cap for consumers and government-funded discounts on bills for businesses will push official measures of inflation lower, the country's statistics office said on Monday.

read more... 01/11/2022

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Norway exports 3.5 TWh to UK in power cable’s debut year

Norway had a net export of 3.5 TWh to the UK through the 1.4 GW North Sea Link (NSL) during the interconnector’s first twelve months of operation, UK TSO National Grid said on Thursday.

read more... 21/10/2022

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Green power avoided 70bcm of gas for EU since war

Renewable energy production avoided the need for 70bcm of natural gas imports to the EU – or around EUR 99bn in costs – following Russia’s full-scale invasion of Ukraine, a study showed on Tuesday.

read more... 19/10/2022

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France begins direct gas shipments to Germany

France has started sending natural gas to Germany as part of its pledge to ensure EU energy solidarity as Russia reduces exports after its invasion of Ukraine, the French network operator said Thursday.

read more... 17/10/2022

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