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Europe News

EU extends price cap on gas until January 2025

Energy ministers of the European Union decided on Tuesday to extend the cap on gas prices until January 2025.

Economy

France prices fall in November as inflation eases in the energy sector

French inflation numbers for November came in lower than expected following a slower rise in energy and service sector prices.

Europe News

Brussels prolongs subsidies for struggling EU firms until June 2024

The European Commission has decided to extend until June 2024 two extraordinary measures that make it easier for member states to support companies affected by persistently high energy prices.

Markets

How is the weather affecting natural gas prices in Europe?

Natural gas prices in Europe rose 15% in October and touched an eight month high last week as the cooler weather, in addition to other fundamentals, supported the commodity.

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World News

Austria considers new contract for Russian gas

It is uncertain whether Austria will be able to use the Ukrainian pipeline on its own from 2025. The European Union has repeatedly criticised the Alpine republic for depending on energy supply from Moscow.

Economy

Eurozone inflation falls further than expected to 2.9% in October

Inflation in the eurozone fell more sharply than expected to 2.9% in October, according to the EU's statistics office.

Earth News

Solar, Russian gas and the future: Key takeaways from annual EU report

The State of the Energy Union report is released annually by the European Commission.

Economy

Russia’s Gazprom to increase gas supplies to Hungary

Gazprom’s CEO Alexey Miller says his company will send more gas to Hungary this winter, despite EU attempts to reduce reliance on Russian energy.

Business

France: €1.7 billion investment on uranium to cut ties with Russia

French nuclear energy company Orano is investing €1.7 billion to increase its uranium-enrichment capacity and reduce dependency on Russia.

United Kingdom

Euroviews. Britain's energy crisis is far from over

Although most government support has been scaled back, energy prices are still at record highs, Carla Subirana writes.

Markets

France and Germany do battle over EU power market reform

As European energy ministers gear up to meet on 17 October, France and Germany struggle to find a compromise.

World News

Euroviews. 'Three Seas' countries are looking to harness next-gen nuclear energy

Small modular nuclear reactors and their many potential applications have come to reflect the vital role that innovation and technology can have at the nexus of energy security and decarbonisation, Nathan Alan-Lee writes.

Economy

Europeans support EU measures to help companies tackle energy crisis

A combined 87% of respondents said they thought it was ‘very important’ or fairly important’ that the EU take measures to limit the immediate impact of rising energy prices on consumers and companies.

Europe News

How Europe's gas prices fell from €300 to €35 MWh in one year

One year ago, European politicians were in a state of panic watching wholesale gas prices break all-time records.

Europe News

EU to reach winter gas storage target months ahead of new deadline

Gas storage across Europe is now filled at just under 90% capacity, reaching a mandatory target to ensure the continent can power itself through winter with months to spare.

World News

Explosive traces found on yacht in Nord Stream sabotage probe

Mystery still surrounds who was behind the blast, which knocked out a vital gas pipeline between Russia and Europe.

Economy

Europeans much less concerned about energy prices, new poll shows

Europeans seem to have moved on from the worst of the energy crisis.

My Europe Series

State of the Union: EU leaders digest mutiny in Russia

European leaders gathered in Brussels this week, just days after the short-lived rebellion by Wagner mercenaries.

Earth News

'Bypass the system’: How people power brought solar to this UK street

These London artists raised €132,000 to bring solar power to their ‘delighted’ neighbours.

World News

Energy security tops agenda at Kazakhstan's Astana International Forum

The question of energy security was actively discussed at the Astana International Forum. Kazakhstan, one of the world’s most important oil producers, is aiming to increase its supply to and influence over the energy market.