The European Union could set a maximum price on the electricity generated by non-gas producers, namely renewables and nuclear, with the aim to raise extra revenue and bring down soaring … Read More
Spain’s government has unveiled plans to cut VAT on gas this autumn to help people cope with soaring inflation. Tax on natural gas will initially be reduced from 21% to … Read More
As gas prices continue to break all-time records across Europe, all eyes turn to the TTF, the continent’s leading benchmark. The TTF refers to the Title Transfer Facility, a virtual marketplace based … Read More
The worsening energy crisis besieging Europe has laid bare the “limitations” of the electricity market and requires an “emergency intervention” to bring down soaring prices, Ursula von der Leyen has … Read More
Residents of Pozo Almonte, Chile awoke to an ominous purple cloud hanging low over their city Sunday morning. Citizens were alarmed by the mysterious cloud and lodged numerous complaints to … Read More
European governments are scrambling to find ways to shield households and businesses feeling the impact of the surge in energy prices that have soared to record highs. The Czech Republic, which holds … Read More
There’s no stopping Europe’s gas bills. On Wednesday, future gas prices at the Title Transfer Facility (TTF), the continent’s leading trading hub, reached €292 per megawatt-hour, a stratospheric figure compared … Read More
Europe is on edge, following Gazprom’s energy move. The energy giant has already reduced gas flows to 12 EU countries, either partially or completely. Dwindling supplies are sending prices soaring … Read More
Gas prices have been declining since mid-June as demand has fallen to levels not seen since the early days of the pandemic, according to AAA. Prices have continuously declined since June … Read More
Yes, filling up your car’s gas tank is expensive — but spare a tear for those who have yachts. “It used to be $2,500 to take my boat out for … Read More
