untitled design

Tag: energy market

Over 1.1 billion euros benefit until 21/8 from the ‘ceiling’ in the compensations of electricity producers

Over 1.1 billion euros benefit until 21/8 from the ‘ceiling’ in the compensations of electricity producers Over 1.1 billion euros benefit until 21/8 from the ‘ceiling’ in the compensations of electricity producers

More than 1.1 billion euros is the benefit of consumers from the application of the “ceiling” on the compensation prices of electricity producers, from the beginning of its application until August 21. Of this amount, according to the data available to the RES-MPE, the largest amount was contributed by PPC (419 million of which 189.5 […]

Von der Leyen: Gas and electricity prices must be decoupled

Von der Leyen: Gas and electricity prices must be decoupled Von der Leyen: Gas and electricity prices must be decoupled

LAST UPDATE 22:20 European Commission President Ursula von der Leyen said today that a full reform of the European electricity market should be done properly early next year, Reuters reports. In a discussion with German Economy Minister Robert Hubback in Berlin, the head of the Commission noted that the electricity market should be reformed and […]

Britain: Energy price cap to rise by 80% from October, Ofgem announced

Britain: Energy price cap to rise by 80% from October, Ofgem announced Britain: Energy price cap to rise by 80% from October, Ofgem announced

The energy price cap will rise by 80% from October in Britain, Britain’s energy regulator Ofgem said today, predicting that prices could worsen “significantly” next year due to the trend of natural gas prices. Based on the current trend, Ofgem warned that “prices may deteriorate significantly throughout 2023”. She called on the UK government to […]

UK energy bills to rise 80% in October – The challenges and plans

UK energy bills to rise 80% in October – The challenges and plans UK energy bills to rise 80% in October – The challenges and plans

Britain’s energy regulator said on Friday it would raise the cap on energy bills to £3,549 on average from £1,971 a year, as campaigners, think tanks and politicians call on the government to tackle a cost-of-living crisis. The price cap limits how much energy suppliers can charge domestic customers for their combined electricity and gas […]

Spain: Energy measures are having results

Spain: Energy measures are having results Spain: Energy measures are having results

Measures to save electricity in the country continue to provoke reactions, but overall consumption appears to be decreasing. The historic Royal Palace in Madrid’s old town has been plunged into darkness. The exterior lighting of one of the Spanish capital’s most famous landmarks has gone out – and so has the magnificent facade of the […]

Erdogan’s goal is to control the energy game

Erdogan’s goal is to control the energy game Erdogan’s goal is to control the energy game

A high-ranking figure in the Cypriot government admitted a few days ago that “the Turks do what they say,” wanting in this way to interpret Erdogan’s intentions on the eve of Abdulhamid Khan’s first mission to the Eastern Mediterranean. The fact that the fourth Turkish drilling rig stayed within the Turkish continental shelf and at […]

Mr. Skrekas in Capital.gr: We will continue to support households, businesses – Ruthless with the obscene profit in the stream

Mr. Skrekas in Capital.gr: We will continue to support households, businesses – Ruthless with the obscene profit in the stream Mr. Skrekas in Capital.gr: We will continue to support households, businesses – Ruthless with the obscene profit in the stream

By Haris Fludopoulos The Minister of Environment and Energy, K. Skrekas, sends a double message for the continuation of subsidies for as long as necessary, but also for strict controls for possible profiteering in the market, with his statements in Capital.gr. More specifically, Mr. Skrekas appears determined to be relentless in potential violations of the […]

Mr. Skrekas in Capital.gr: We are ruthless with the profiteering in the electricity – We will continue to support households and businesses

Mr. Skrekas in Capital.gr: We are ruthless with the profiteering in the electricity – We will continue to support households and businesses Mr. Skrekas in Capital.gr: We will continue to support households, businesses – Ruthless with the obscene profit in the stream

By Haris Fludopoulos The Minister of Environment and Energy, K. Skrekas, sends a double message for the continuation of subsidies for as long as necessary, but also for strict controls for possible profiteering in the market, with his statements in Capital.gr. More specifically, Mr. Skrekas appears determined to be relentless in potential violations of the […]

The government’s plan to boost energy-intensive industry

The government’s plan to boost energy-intensive industry The government’s plan to boost energy-intensive industry

By Haris Fludopoulos The agreement reached by the energy ministers of the E.U. for the reduction of natural gas consumption by 15% includes an explicit exception for the power generation sector, in case the stability of the electrical system is threatened, however there is no corresponding provision for the country’s industry. This means in practice […]

The critical changes brought about by the European agreement on natural gas

The critical changes brought about by the European agreement on natural gas The critical changes brought about by the European agreement on natural gas

Of Haris Fludopoulos The strong objections expressed by a number of countries, including Greece, brought significant changes to the final text of the regulation to reduce natural gas consumption and consequently limit energy dependence on Russia. In order to reach the agreement, it was necessary to include in the final text of the regulation a […]