electricity price

Irish energy bills are set to drastically increase in just nine days time, with price hikes set to come into effect for several energy suppliers.
  • September 26, 2022
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In August 2022, the average spot prices for electricity in Italy increased by 2.3 times compared to the average price in January 2022 – up to €537 per MWh. This is evidenced by the Trading Economics’ data.
  • September 25, 2022
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Price caps on gas and electricity or direct subsidies won’t lower the overall energy costs for European citizens, but they are making things worse, according to an analysis produced by European think tank CEPS.
  • September 25, 2022
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The EU Commission has proposed a plan that would pull in €142 billion in windfall profits earned by power and fossil fuel companies and redistribute it to hard-pressed consumers who have seen their power costs multiply in recent months.
  • September 25, 2022
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Russia set out just how much its gas flows to the global market will fall in the next three years. The numbers underscore the scale of the challenge facing Europe’s energy consumers.
  • September 24, 2022
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Russia, which had supplied about 40% of the European Union's gas before its February invasion of Ukraine, has said it closed Nord Stream 1 because Western sanctions hindered operations. European politicians say that is a pretext and accuse Moscow of using energy as a weapon.
  • September 24, 2022
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