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Europe News

'Russia will lose the energy battle,' says IEA chief Fatih Birol

Europe was by far Russia's largest market and client and "Russia lost this client forever", the International Energy Agency chief said in an interview with Euronews.

Home

Prepayment meters are making a comeback amid the energy crisis

We take a look at the pros and cons of prepayment energy meters - and why more people are likely to turn to them this winter.

Europe News

EU countries still split by 'different views' on gas price cap

EU countries want to make sure a gas price cap would not threaten the security of supplies or lead to an increase in gas consumption.

Green News

Winter blackouts less likely as gas prices fall in Europe

The price of gas dropped below €100 per MWh on Monday. Could a mild autumn lead to some financial relief for households?

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Europe News

Europe's gas prices fall below €100 MWh for the first time since June

Gas prices continue to fall as warm weather and full underground storage facilities tame demand.

Europe News

EU countries agree on COP27 climate ambitions

EU environment ministers got together in Luxembourg to agree on a text to take to the UN climate conference in Egypt in November.

Spain

Some Europeans are moving to Spain to escape soaring energy prices

The Spanish town of Benidorm has long been a place Europeans flocked to for the summer. Now it is a place for some to escape soaring energy costs.

Europe News

Spain and France announce new deal to build underwater gas pipeline

The leaders said the previous MidCat pipeline project across the Pyrenees would be abandoned.

Nigeria

Floods in Nigeria threaten liquified natural gas supplies to Europe

Nigerian gas company Nigeria LNG declared force majeure because of widespread flooding that has disrupted supply, a spokesman for the company said.

Europe News

EU proposes joint gas purchasing and 'dynamic' cap to curb prices

The new emergency measures also include joint purchases of gas and automatic solidarity rules to cope with potential shortages.

Europe News

Brussels plans 'dynamic' cap to contain volatility in gas prices

The gas cap will apply to the transactions taking place at the Dutch Title Transfer Facility (TTF), Europe's leading trading hub.

Europe News

EU still split on gas cap as Germany and the Netherlands oppose

The European Commission will work over the weekend to ensure broader support for the gas cap before making a formal proposal.

Home

How Australians are dealing with soaring energy prices

Residents of Australia's capital are upgrading their energy rating at home to save money on energy bills.

Climate

Why are wetsuits compulsory at this French swimming pool?

Cutting the heat could save pools up to €50,000 per month in the coldest months.

Europe News

Europe's gas prices reach three-month low as demand falls

Gas prices have fallen as the EU's gas storage facilities hit 90% of capacity.

Green News

Energy crisis: Europe prepares for blackouts this winter

In the UK, the National Grid has said that homes could face three-hour power cuts if energy reserves run out.

Europe News

EU leaders set to debate price cap on gas to ease energy crisis

Ursula von der Leyen has proposed a cap on gas transactions and another on gas used for electricity generation.

Europe News

Von der Leyen opens the door for EU cap on gas prices but with caveats

The European Commission president proposed a cap on market transactions and another on gas used for electricity generation.

Italy

Gazprom resumes gas supply to Italy after weekend stoppage

It was suspended over the weekend due to regulatory changes in Austria, a country which the gas passes through on its way to Italy.

Europe News

EU infrastructure a 'target' for first time, says von der Leyen

The European Commission chief also called on the 27 countries to "make best use of our satellite surveillance capacity" to identify and deter threats.