Latest news
Swedish grid operator proposes $5 bln power price subsidy
Sweden's national power grid operator proposed on Thursday that the government spend 55 billion Swedish crowns ($5.05 billion) this year on subsidies to households and businesses hit by unusually high energy costs.
read more... 28/10/2022
Daily (25.10.2022): British near-term gas prices plummeted on Monday due to milder weather and oversupply
Oil prices fell slightly in a choppy trade on Monday as data revealed China's demand remained sluggish in September and the US currency strengthened. However, poor US business activity data reduced expectations for more aggressive interest rate hikes, limiting losses. As a result, Brent crude decreased by merely 0.3% to end at $93.26 per barrel. At the same time, WTI crude edged 0.6% lower at $84.58 per barrel.
read more... 25/10/2022
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Poland to cap power prices for households, small business
Poland will set a maximum electricity price of 785 zlotys ($156.61) per megawatt hour (MWh) for small businesses and entities such as hospitals and 693 zlotys/MWh for households in 2023, the country's prime minister said on Tuesday.
read more... 12/10/2022
UK energy package to cost 60 bln pounds over next six months
Britain will spend about 60 billion pounds ($67 billion) on subsidising gas and electricity bills for the next six months for households and businesses, finance minister Kwasi Kwarteng said on Friday.
read more... 26/09/2022
Italy approves new EUR 10bn energy aid package
The Italian cabinet on Friday approved a new energy aid package worth as much as EUR 10bn to support households and businesses hit by surging energy bills.
read more... 20/09/2022