After Russia’s invasion of Ukraine, the energy crisis and unimaginable costs in fuel prices have been the dominant narrative in Europe. However, the plunge in natural gas prices, and the de-escalation of oil prices from triple digits, combined with high storage rates in Europe eased concerns. Optimism was further boosted by the mild winter and … Read more
8% of the total oil exported by Venezuela during 2023 arrived in Cuba. This was confirmed by the state company Petróleos de Venezuela, SA (PDVSA). By the way, in the recently completed academic year, exports of Venezuelan crude oil increased due to a relief in United States sanctions. According to a report from the Press … Read more
Many save energy not out of love for the climate, but because it is expensive. That’s not bad news, our editor thinks. In the end, climate protection is also about money. The current PwC survey on energy saving in the household reminds us of this essentially unsurprising fact. The vast majority of those surveyed do … Read more
ANP NOS News•today, 09:23•Edited today, 09:44 Customers of energy supplier Vandebron with solar panels will soon receive less money back each month. It will save around 70,000 customers on average between ten and twenty euros per month. This is because the company will charge costs for returning power to the grid. According to Vandebron, they … Read more
The Olomouc wholesale company GBC Solino experienced an extremely successful year and the solar boom helped it. Businesses and households have been frantically building solar power plants to cope with high electricity prices. Panels on roofs, which were something unique a few years ago, have become almost commonplace, and the companies that sell or install … Read more
Lack of natural gas, cold weather and uncertainty of future supply. According to experts, these are precisely the variables that could be behind further sharp increases in gas and electricity prices on the markets. As a result, this could be manifested by the arrival of another energy crisis, which cost households thousands to tens of … Read more
The Irish Government is putting pressure on energy companies to lower consumer bills. Green Party leader Eamon Ryan has urged prices to drop even faster amidst growing frustration, and Finance Minister Michael McGrath has called for more transparency from providers on prices. Despite this, the Government is likely to receive pressure from Sinn Féin to … Read more
Irish company SuperNode and Cern, the European Laboratory for Particle Physics, have teamed up to create innovative insulation for superconducting cables to improve energy transmission and facilitate the transition to renewable energy. The collaboration harnesses Cern’s expertise in cryogenics and vacuum, as well as its facility in particle science and accelerator technology, to test and … Read more
Ireland’s wholesale electricity prices are continuing to drop, thanks to a combination of factors including increased renewable generation capacity and a drop in demand due to Covid-19. The trend has been ongoing for several months and shows no sign of slowing down, with prices hitting their lowest point in more than a decade. While this … Read more
Thanks to price controls and a hardship fund, German sport got through the energy crisis unscathed. However, the threat is not over because of the continued high gas and electricity prices. The lights have not gone out on the playing fields and in the gyms during the energy crisis, but the prospects for German sport … Read more