Price of EU’s plan to cut dependence on Russian gas
In the light of the energy transition, it could be a great push for renewables, but also a step back due to the expected increase in the use of coal power plants
EU rolls out plan to cut demand for Russian gas by two thirds in 2022
The European Commission outlined a plan to make Europe independent from Russian fossil fuels well before 2030, starting with gas
Londoners paid highest electricity prices in Europe in February
The highest electricity price is in London, 43 eurocents per kilowatt-hour, and the lowest in Kyiv, 5.4 eurocents.
Electricity prices hit record high on SEEPEX – EUR 540 per MWh
Brent oil hit USD 139.13 dollars per barrel, the highest since 2008, while Dutch TTF natural gas reached an all-time intraday record of EUR 345 per MWh
Timmermans: EU countries can delay coal phaseout to avoid Russian gas
A delayed coal phaseout in some countries is possible, but green energy deployment must be accelerated, The European Commission's Frans Timmermans says
Montenegro to introduce renewable energy auctions
Almost all the remaining countries in this part of Europe said they would introduce auctions. So far they have been held in Albania, Croatia, Greece, North Macedonia, Turkey
Power utility EPS makes final step to enable prosumers in Serbia
Citizens and companies now have a legal framework in place to produce electricity for self-consumption
EU accelerating push to reduce dependence on Russian gas
Experts say urgent measures can slash the need for gas in the EU as the European Commission is pushing for a reduction in reliance on Russian gas