British wind farm paid to discard half its generated power
Half of the power generated by one of Britain’s largest wind farms was discarded in 2024 yet it was still paid millions for electricity that never reached a single…
Hot Topic
energy prices
Popular articles tagged "energy prices"
EU carbon tax ‘to cost Belgian families €250 to €400 a year extra’
The European Union's new carbon tax, the Emissions Tradings System 2 (ETS2) set to be enforced from 2027, was likely to cost Belgian families €250 to €400 a…
Exclusive: Minister says EU energy policies frustrate Member States’ efforts to lower prices
Csaba Lantos, Hungary’s Minister for Energy, tells Brussels Signal that plans by the EU for a full embargo on Russian energy will lead to a price explosion across…
Belgium, Germany hit hardest by huge drop in chemicals industry activity in EU
Belgium and Germany have borne the brunt of a sharp downturn in Europe’s chemicals industry. The sector has been shrinking fast;
With the Middle East ablaze and the world in conflict, Europe must rethink its energy strategy — now
The Middle East is on fire. As Israel strikes Iran and Tehran responds, Europe, too, will pay the price.
Dutch offshore wind boom could trigger huge household bill increases
Dutch consumers could pay three times as much for electricity after an ambitious offshore energy expansion, barring a massive change to the current financing model.
‘Wind energy more expensive, less stable and less secure,’ Swedish report finds
A new study by Swedish think-tank the Scandinavian Policy Institute (SPI) has warned that the promotion of wind power as being cost-effective and reliable was misleading…
Europe’s next dependency crisis is made of silicon, not oil
China's tech strength increasingly rests on cheap, often sanctioned energy–a model that exposes Europe to new kinds of strategic risk as global supply chains shift.
Denmark comes in from the cold with rethink on 40-year nuclear power ban
The Danish government is to rethink its 40-year ban on nuclear power plants with a detailed review of the risks and potential of nuclear technology for Denmark's…
A 10% rise in electricity prices could kill 1 in 50 manufacturing jobs, say ECB economists
Economists from the European Central Bank (ECB) have calculated what they said was the detrimental effect of lasting high electricity prices on European employment.
‘Too much sun’ could cause black-outs, Belgian electricity grid operator warns
Belgium's grid operator Elia has warned that the country could face blackouts - due to an excess supply of solar energy.
Nuclear energy ‘could slash electricity bills by 40 per cent’, says Italian energy minister
Italian environment and energy minister Gilberto Pichetto Fratin has claimed nuclear energy could lead to a big reduction in electricity bills for Italians: up to…
BP drops ‘green’ ambitions and boosts fossil-fuel production spending
BP has announced it would raise spending on oil and gas to $10 billion (€9.53 billion) a year - and drop its interests in "green" energy.
Dutch ‘must pay €195 billion for green energy transition’, says report
The Dutch will have to invest nearly €200 billion over the next few years to keep the power grid running in line with the "green" transition, according to operators.
Germany’s Habeck claims climate protection not cause of soaring electricity prices
According to Robert Habeck, German vice chancellor and economy and climate minister, the country's high electricity prices were driven by fossil fuels, not by ideologically-based…
Belgium’s ‘green’ offshore energy hub faces strong head winds, capsizing costs
The troubled "green" energy island that Belgium is building in the North Sea has been left facing strong headwinds as costs spiral out of control - and a new study…
Sweden slams German ‘green’ energy policy reliance on ‘weather gods’
The recent spike in energy prices has caused diplomatic friction between Sweden and Germany, with Sweden's Deputy Prime Minister Ebba Busch pointing the finger at…
German electricity prices soar to 2022 levels
Energy prices in Germany have returned to 2022 levels, driven by a combination of factors that have exacerbated the energy crisis stemming from the invasion of Ukraine…
Norway mulls cutting electricity links with Europe over price spikes
The spike in European electricity prices on December 12, caused primarily by German electricity imports, has sparked anger throughout northern Europe.
European electricity prices skyrocket as German renewables fail to deliver power
Prices for electricity in central Europe have skyrocketed to record highs, as German renewable sources fell short of meeting demand.
Trump can make world energy prices tumble, hitting Putin hard
A negotiated peace between Russia and Ukraine shortly after Donald Trump takes office in January of 2025 seems more and more likely.
UK pays £1 billion to turn off wind farms
Problems and difficulties in managing the electric grid have forced the UK government to spend £1 billion (€1.21 billion) so far this year to cut wind farm output.
Polish Government freezes energy prices in run-up to presidential elections
The Polish Government has announced a freeze on energy prices for households at just over €100 per megawatt-hour (MWh) for the first three quarters of 2025, the…
Costs jump more than three times for Belgian ‘green’ offshore energy hub
Costs for an energy island in the North Sea, connecting offshore wind farms, have turned out to be more than three times as high as expected.
Europe unprepared for energy crisis if Israel attacks Iranian oil industry
Once again the world finds itself on the brink of a renewed energy crisis, and once again Europe appears ill-prepared.
Energy shortage fears sink Google’s Irish data centre plans
Fears surrounding energy shortages in Ireland have scuppered plans for a new Google data centre in the country.
More German companies mull relocation due to high energy prices, survey finds
High energy prices and a lack of reliable energy supplies are hindering German companies' production and investments, with a growing trend of industrial firms considering…
Belgium will miss net zero targets, energy to remain expensive
The Belgian Federal Planning Bureau concluded that the planned emissions reduction of 47 per cent by 2030 will not be achieved.
Dutch grid operator warns of future energy shortages, price hikes
The Netherlands will not have enough electricity to be powered 24/7 from about 2032, with the country's national grid operator warning of future shortages and price…
Eneco pulls back from massive Dutch offshore wind farms, criticising government policy
What should have been one of the Netherlands' most prestigious green projects has now become a painful loss for the Dutch government.