EU lawmakers agree on taking of EUR 20 billion from the carbon market Various political groups in the European Parliament have agreed to take the equivalent of €20 billion from the EU carbon market in advance in a bid to finance the move away from Russian fossil fuels and lower consumer energy bills. Extra CO2 emission allowances will be released on the carbon market…
European Commission proposes emergency energy market intervention In reaction to recent dramatic energy price rises, the European Commission…
Dutch government to help cover energy bills of struggling consumers The Dutch government has decided to allocate at least 150 million euros to…
€65 billion relief package for German households approved The German government has approved the third package of relief measures to…
Italian manufacturers cut output due to sky rocketing energy prices According to a local government representative, energy-intensive industries…
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…
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/…
French state to nationalise EDF Uncertainty on oil markets 
