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British energy supplier Octopus to pay customers to save power this winter
British energy supplier Octopus is launching a scheme to pay customers not to use electricity during times of high power demand to help prevent blackouts this winter, it said on Friday.
read more... 10/10/2022
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Four EU countries float ‘dynamic’ price corridor for gas
Several EU countries proposed limiting volatility in the gas market by introducing a “dynamic price corridor” to prevent prices from going too high or too low while still ensuring Europe can purchase the gas it needs on world markets.
read more... 10/10/2022
Daily (16.09.2022): Oil prices declined on Thursday hitting a one-week low
A potential agreement to prevent a rail strike in the United States, forecasts for weaker global demand, and sustained U.S. dollar strength ahead of a possibly significant interest rate increase contributed to Thursday's decline in oil prices, which hit a one-week low. Thus, Brent crude settled 3.5% lower at $90.84 a barrel. WTI crude fell by 3.8% to $85.10.
read more... 16/09/2022
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Finland starts two backup power plants to prevent blackouts
Finnish power grid operator Fingrid started up two backup power plants on Thursday to balance the country's electricity system and prevent blackouts while repairs were made at a reactor seen as crucial to ensure reliable power supplies this winter.
read more... 09/09/2022
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Switzerland could align with EU energy saving drive
Switzerland could prevent an energy shortage by aligning with a European Union plan to cut gas use by 15% this winter, Energy Minister Simonetta Sommaruga told newspaper SonntagsBlick.
read more... 16/08/2022