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France spends 8.4 billion euros to help companies with energy bills

France will spend 8.4 billion euros ($8.67 billion) to help companies pay their energy bills, in a bid to cushion the impact of rising electricity and gas prices and help them compete with German businesses, its finance minister said on Saturday.

read more... 22/11/2022

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Czech lawmakers back $3.4 billion power revenue cap plan

The Czech lower house of parliament on Friday approved a government plan to cap revenues of power firms as part of efforts to fund measures to ease the burden of soaring prices on households and businesses.

read more... 21/11/2022

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Germany's upper house clears state relief on gas prices

The German Parliament's upper house - Bundesrat - on Monday approved the federal government's plan to cover December's gas bill for households and certain businesses. The payment is intended to bridge the gap until the planned introduction of the gas price brake next March.

read more... 15/11/2022

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Spain's Iberdrola to invest $47 bln in energy transition in 2023-25

Spain's Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next two years, its chairman said in a strategy update on Wednesday.

read more... 10/11/2022

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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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