Energy ministers of the European Union decided on Tuesday to extend the cap on gas prices until January 2025. ADVERTISEMENT The price cap, which has never been activated, was first … Read More
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. “The … Read More
The European Union should build on the success of its new joint gas purchase platform and extend it to other commodities including hydrogen and critical raw materials to ensure steady … Read More
Suppliers who took part in the first tender round offered more than 13.4 billion cubic metres (bcm) of gas, higher than the 11.4 bcm requested by buyers. But the price … Read More
The European Union’s platform to buy gas jointly in a bid to lower prices and ensure a steady supply in the coming months went online on Tuesday. Several companies have … Read More
Gas consumption across the European Union plunged by almost 20% between August and January, reflecting a widespread resolve among households and companies to take matters into their own hands and … Read More
European governments are scrambling to prepare for this winter, with not much room to prevent a worst-case scenario of shortages and blackouts as the continent faces an acute energy crisis. … Read More
Ursula von der Leyen has presented the layout of the first-ever EU-wide cap to rein in surging gas prices, but the measure will apply only in cases of extreme volatility … Read More
