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Need for speed as EU launches debate on electricity market reform
In response to soaring energy bills, the European Commission is preparing an overhaul of its electricity market with the objective of spreading the benefits of cheap renewables to all consumers.
read more... 19/01/2023
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
Ofgem sets out UK grid investment package
Ofgem has confirmed a five-year investment package for the electricity distribution network companies, which it says will help deliver cheaper, cleaner, more reliable local grids at no extra cost to consumers.
read more... 30/11/2022
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
Germany girds for gas supply pain, targets $93 billion price relief plan
Germany on Monday said it plans to urgently implement a 96 billion euro ($93 billion) plan to ease pressure on consumers from surging gas prices as it was warned that the supply situation heading into winter remained tense even with full reserves.
read more... 12/10/2022