electricity price

The Energy Ministry of Greece plans to scrap a surcharge on electricity bills imposed by power companies. The move comes as part of government efforts to alleviate the impact of soaring energy costs on consumers.
  • June 29, 2022
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Market sources have questioned whether an upcoming UK government’s consultation on wholesale electricity market reform can deliver over the tight three-month time-scale intended on grounds that “previous electricity market reform took four years”.
  • June 25, 2022
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Germany faces certain recession if faltering Russian gas supplies stop completely, an industry body warned on Tuesday, and Italy said it would consider offering financial backing to help companies refill gas storage to avoid a deeper crisis in winter.
  • June 24, 2022
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In Baltic States, as well as countries like Finland, Sweden and Germany, electricity prices have increased by 50%, reaching €164.20/MWh in Latvia and €151.37/MWh in Estonia. In Lithuania the average electricity price reached €164.71/MWh, which is an increase by 41% when compared to April.
  • June 24, 2022
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France’s nuclear reactors are currently operating at less than half their full capacity. This week, they have produced the least electricity at this time of year since at least 2008, according to data compiled by international media.
  • June 22, 2022
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International media has reported that Europe has started to use gas reserves which were originally meant for the peak of the winter season due this year.
  • June 21, 2022
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