EC energy chief warns of ‘pretty tough’ summer ‘as Iran war drives up prices’
Jørgensen cautioned that air travel would become more expensive and that, in some cases, the bloc could even see flight cancellations as carriers struggle with…
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Popular articles tagged "energy costs"
Energy-hungry European industries ‘dying’, top bank chief warns
Energy-hungry industries Europe are effectively "dying" as rising energy prices, the flood of cheap goods from China and the side effects of climate policies make…
Even with free gas, net zero policies would drive up UK energy bills, say experts
Bosses from the largest UK energy suppliers say "green" policies are so costly that bills would go up for consumers even if it were free.
Wind-turbine dismantling costs are more than claimed, study reveals
Completely dismantling wind turbines is significantly more expensive than many assume, according to a new Finnish study that cast doubt on the industry’s assumptions…
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…
‘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…
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.
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…
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…
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…
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.
Germany’s age of cheap energy ‘over’, says national grid chief
The era of cheap energy for all in Germany is "over", the head of country's national grid has claimed.
Dutch energy prices double amid green transition
The Netherlands' green energy transition is leading to electricity and gas prices almost doubling.