Electricity price rockets 80 percent just in one day – from EUR 180 to EUR 320
The price of electricity on European power exchanges yesterday recorded an unprecedented rise of more than EUR 140 per MWh.
Putin blames market speculation for gas crisis, vows to boost supply
Prices of gas futures dropped by a third after Russian President Vladimir Putin said his country could deliver record amounts to Europe
Kosovo* shelves US-backed gas pipeline project
After Kosovo* suspended a gas pipeline and power plant project, top officials claimed it could be revived if calculations show it is feasible
Serbia would buy 10% in any nuclear power plant in region
A severe crisis is looming due to the spike in energy prices, Vučić warned and revealed Serbia would "immediately buy" 10% in any nuclear plant in the region
Electricity price hike of up to 135 percent announced in BiH, Serbia
If new prices become reality companies will have to lower production, lay off workers, and to increase the price of goods and services.
EU to help power consumers as member states launch relief individually
While the EU is drafting measures to help poor households and small firms shoulder the spike in energy prices, member states have individual solutions
Spain taxes renewables, nuclear power producers
Government rolled out a tax to mitigate the impact of the soaring electricity and gas prices on consumers.
Fossil fuel firms sue countries over climate, environmental action
Fossil fuel companies are suing countries around the world, seeking more than EUR 15 billion in damages over climate, environmental action.
