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European Commission proposes emergency energy market intervention

In reaction to recent dramatic energy price rises, the European Commission has proposed an emergency…

Dutch government to help cover energy bills of struggling consumers

The Dutch government has decided to allocate at least 150 million euros to prevent people being cut…

€65 billion relief package for German households approved

The German government has approved the third package of relief measures to ease pressure on…

Italian manufacturers cut output due to sky rocketing energy prices

According to a local government representative, energy-intensive industries in Italy are modifying…

Erdogan said Turkey will pay for some Russian gas in rubles

On Friday August 5, the Russian and Turkish presidents met in Sochi. A day after the meeting,…

European Transmission System Operators agree to increase the trade capacity with the Ukrainian/Moldovan power system

On 16 March 2022, the Continental European power system and the Ukrainian/Moldovan power system were…

French state to nationalise EDF

 Earlier this year, French President Emmanuel Macron presented a plan for EDF renationalization and…

Eurozone inflation climbs to a record 8.6% in June

Surging energy prices partially connected to the war in Ukraine have pushed inflation in the 19…

Uncertainty on oil markets

Experts expect uncertainty on oil markets in the near future, because of the ongoing war between…

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