energy markets

A new nuclear reactor in Finland is set to be delayed by about two weeks to the end of the year, exacerbating a potential power shortage that’s pushed authorities to warn that the Nordic country faces rolling blackouts.
  • October 31, 2022
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Despite the Czech Republic being one of Europe’s biggest electricity exporters, when taxes are included, Czech households are currently experiencing the second-highest electricity prices in the EU, just behind Estonia, with no end in sight.
  • October 31, 2022
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Over 70,000 Czech protestors came to the streets last week in the country's capital, Prague, demanding the government take a neutral stand on the ongoing Russia-Ukraine crisis.
  • October 30, 2022
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Great Britain net exported over 8 TWh of electricity to EU markets over the summer, but flows are forecast to reverse over the coming weeks as a possible tug of war develops over scarce output, analysts at S&P Global Commodity Insights said in a report last week.
  • October 29, 2022
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EU energy ministers struggled to overcome divisions on how to regulate the cost of energy generation in the bloc, with holes poked in the idea of capping gas prices.
  • October 28, 2022
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Portuguese oil and gas company Galp Energia reported a 16% increase in adjusted third-quarter profit on Monday, thanks to soaring oil prices and a near-doubling of its refining margin, but its shares fell on more conservative guidance.
  • October 28, 2022
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