European Commission seeks to tackle rising fossil fuel costs with electrification, clean energy
The European Commission has proposed a set of measures to alleviate the impact of rising energy prices caused by the war in the Middle East
Mervar: Electricity prices 40% higher until end-2026
ELES CEO Aleksander Mervar prepared a brief analysis of electricity price trends in light of the war in the Middle East
EU seeks coordinated action amid fears of prolonged energy supply disruption
Although the EU’s energy supplies are not under immediate threat, the bloc must prepare for a prolonged crisis and reduce oil demand, the energy commissioner warned
Bulgaria plans scheme to subsidize electricity prices for businesses
On Bulgaria's power exchange, IBEX, the day-ahead price for April 2 reached EUR 136.6 per MWh, compared to EUR 67.5 per MWh on February 27
US temporarily lifts sanctions on Russian oil purchases
The United States has authorized the purchase of Russian oil and petroleum products already at sea until April 11
Von der Leyen: EU considering natural gas price cap to curb electricity prices
These measures have gained renewed urgency as natural gas prices have skyrocketed due to the conflict between US and Israel on one side and Iran on the other
Oil and gas prices keep rising as Iran threatens key transit route
Natural gas in Europe jumped to more than EUR 65 per MWh, while Brent crude oil rose to over USD 85 a barrel
US electricity prices soar 40% in H1 2025, outpacing EU’s 30% increase
The penetration of negative prices in EU continues, with their share doubling in H1 2025, according to IEA's latest report