Latest news

German car industry baulks at supplier demands over energy hikes

Germany's giant carmakers may have secured their own energy supplies but thousands of small suppliers faced with a squeeze from soaring bills risk upsetting production through the winter.

read more... 14/10/2022

news

Italy's telecoms lobby urges EU to help lower energy bills, avoid power cuts

Italy's telecoms lobby has called on the European Union to consider ways to help the industry cope with rising energy costs as well as to shield their networks from any planned power cuts, a document seen by Reuters showed.

read more... 11/10/2022

news

Germany to subsidise electric bills with 13 bln euro grid fee payment

Germany will subsidise power bills next year by paying just under 13 billion euros ($12.8 billion) towards the usage fees charged by the four high-voltage transmission grid companies (TSOs), economy minister Robert Habeck said on Wednesday.

read more... 06/10/2022

news

Hungary's Orban has 'high hopes' for 2023 energy bill caps

Hungary will probably be able to maintain a partial cap on household energy bills next year, Prime Minister Viktor Orban said on Friday, adding that the 2023 budget would need to be modified in December.

read more... 03/10/2022

news

Lawmakers close in on EU carbon market ‘frontloading’ to lower energy prices

Political groups in the European Parliament announced a deal on Tuesday (27 September) that will see the equivalent of €20 billion taken from the EU carbon market in a bid to finance the move away from Russian fossil fuels and lower consumer energy bills.

read more... 29/09/2022

news