Latest news
UK to reduce support for business energy costs
Britain's government will set out next week how it intends to scale back subsidies for businesses' soaring energy costs, after finance minister Jeremy Hunt described the current programme as "unsustainably expensive".
read more... 05/01/2023
UK to extend its energy price support scheme to non-domestic customers
The UK will extend its Energy Bill Relief Scheme (EBRS) for non-domestic customers in Great Britain and Northern Ireland, the country's department for Business, Energy & Industrial strategy said in a statement on Thursday.
read more... 29/12/2022
Greece to double subsidy on energy bills to 840 mln euros in January
Greece will increase subsidies on energy bills to 840 million euros ($892.08 million) in January to continue supporting households and businesses against soaring energy prices, Energy Minister Kostas Skrekas said on Friday.
read more... 26/12/2022
Poland introduces €43 gas price cap to protect consumers
Gas prices for Polish consumers excluding businesses will be capped at €43 per megawatt-hour (MWh) to ensure they are better protected against rising energy costs, according to a law signed by President Andrzej Duda on Wednesday.
read more... 23/12/2022
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Shell injects $1.5 bln into UK retail power business to help it weather volatility
Shell has injected nearly $1.5 billion in cash and credit into its British energy retail business this year to help it weather huge volatility in power prices that caused the collapse of several rival UK power utilities, Shell Energy said in a filing on Thursday.
read more... 09/12/2022