Page 43 - Vera Eckert News Today

The Nord Stream 2 pipeline is completed and ready to pump Russian gas to Europe, but nothing is flowing yet because it is still awaiting clearance from Germany's energy regulator.

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Germany is planning to ease the pressure on consumers from rising energy bills by cutting the surcharge which helps fund renewable energy investment by 43% next year, industry and government sources told Reuters on Thursday.

Otima Energie, a small German power and gas retail company, on Wednesday declared itself insolvent, the latest victim of soaring energy prices, while E.ON, Entega and EnBW temporarily withdrew their gas deals from price comparison portal Verivox.

Otima Energie, a small German power and gas retail company, on Wednesday declared itself insolvent, the latest victim of soaring energy prices, while E.ON, Entega and EnBW temporarily withdrew their gas deals from price comparison portal Verivox.

Europe’s biggest gas firms say the continent’s top supplier Gazprom is fulfilling its long-term contracts yet the Russian energy giant remains at the centre of a dispute about whether it could do more to ease the price pain in a red-hot spot market. The rocketing gas price, with the European benchmark up almost 600% this ...

Europe's biggest gas firms say the continent's top supplier Gazprom is fulfilling its long-term contracts yet the Russian energy giant remains at the centre of a dispute about whether it could do more to ease the price pain in a red-hot spot market.

Europe's biggest gas firms say the continent's top supplier Gazprom is fulfilling its long-term contracts yet the Russian energy giant remains at the centre of a dispute about whether it could do more to ease the price pain in a red-hot spot market.

Gazprom said on Friday it had finished construction of the Nord Stream 2 subsea pipeline to Germany, which could allow Russia to double lucrative gas exports to Europe via the Baltic Sea while bypassing and cutting off a source of income for political foe Ukraine.

Bergkamen A, a 715 megawatt (MW) coal-fired power plant in the western German district of Unna, will be closed until October 4, as fuel supplies via inland waterways are becoming scarce. What looks like a standard market report is usually only of interest to electricity traders on the European wholesale market and is a new ...