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German coalition mulls subsidising electricity for energy-intensive industries
Germany’s three-party coalition is debating whether electricity prices for energy-intensive industries should be subsidised to prevent companies from moving production abroad.
read more... 05/05/2023
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EU extends gas price cap system to all EU hubs
The European Commission will extend its gas price cap system to all trading hubs in the European Union from May to prevent potential distortions to Europe's energy markets, it said on Friday.
read more... 03/04/2023
Daily (28.03.2023): British gas prices moved upwards on Monday amid cold weather, ongoing strikes in France
Oil prices increased on Monday as a result of Iraq being forced to stop some crude exports from its semi-autonomous Kurdistan region and as a result of actions taken to prevent a potential banking crisis that could have negatively impacted oil demand. Brent crude futures soared by $3.13, or 4.17%, to settle at $78.12 a barrel. U.S. WTI crude gained $3.63, or 5.24%, to end at $72.89.
read more... 28/03/2023
Recapturing excess heat could power most of Europe
Excess heat produced across Europe could almost power the entire region but preventing this waste is largely being ignored as a solution to the energy crisis, say environmental experts.
read more... 24/02/2023
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Germany exploring trilateral gas solidarity deal with Italy, Switzerland
Germany is exploring a trilateral solidarity agreement with Italy and Switzerland to provide mutual support in the event of an extreme gas shortage, the economy ministry said on Tuesday.
read more... 19/01/2023