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Romania's energy bill support scheme set to cost $3.27 bln

Romania's scheme to shield households and smaller businesses from soaring energy bills will cost around 16 billion lei ($3.27 billion), Energy Minister Virgil Popescu said on Wednesday.

read more... 26/08/2022

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Italy's Draghi calls for EU price cap on Russian gas

European Union countries should agree a cap on the price of gas imported from Russia to help ease the burden of rising prices on businesses and households, Italian Prime Minister Mario Draghi said on Wednesday.

read more... 25/08/2022

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Britain considers energy bill subsidy for industrial firms

Britain is considering plans to subsidise power bills for energy intensive industries such as steel and cement, in an effort to support hundreds of businesses facing record high energy prices.

read more... 15/08/2022

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French power could top EUR 700 this winter

French winter power prices would exceed EUR 700/MWh in the event of a halt to Russian gas supplies, Sebastien Loux, managing director of TotalEnergies' electricity and gas business in Europe, told Montel on Monday.

read more... 14/06/2022

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Brexit decision left UK firms paying 10% more than EU rivals for emissions

British businesses are paying substantially more to produce carbon dioxide than their EU rivals because of the government’s refusal to link the UK carbon market to the bigger European market after Brexit.

read more... 11/01/2022

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