Latest news
UK: break-up threat for six energy companies
Six major energy firms in Britain are likely to face the threat of split-up this week. The companies are expected to be consigned by their energy regulator Ofgem to the new Competition and Markets Authority (CMA), as published in the Sunday Times.
read more... 24/03/2014
Croatia to aid EU diversify energy supply options
Croatia is on the way to turn into a regional hub for energy production and transport, helping other EU members to diversify supply, according to the declaration made on Thursday by Alen Leveric, the deputy economy minister. EU leaders consider this move very important since they want to reduce reliance on Russian gas.
read more... 21/03/2014
Romania will raise gas prices in April
Regulated natural gas prices in Romania will see an increase of 2% for households and 5% for industrial consumers starting from April, as part of a broader plan to liberalize energy markets, as stated on Thursday by Nicolae Havrilet, the chief of energy regulator ANRE. He also declared that electricity prices will remain stable.
read more... 21/03/2014
EU: 2030 climate goals to be agreed by October 2014
The 2030 climate and energy goals should be approved by all the European Union leaders by the end of October 2014, according to a draft document presented by Reuters. An agreement should be reached ahead of the September reunion in New York, which aims to encourage support among world leaders for the climate pact.
read more... 20/03/2014
Bulgaria: ultimatum to power distributors to pay back debt
An ultimatum has been given by Bulgaria to three foreign-owned energy distributors until Wednesday to reimburse the debt they have with state power supplier NEK, otherwise they may lose their licenses.
read more... 19/03/2014