as described above, represents both a significant policy risk and an opportunity to lobby for greater support from receptive governments. Meanwhile, differentials in energy prices across regions will also lead to tricky strategic decisions, particularly for companies in energy-intensive...
2023, specified in the above Council Regulation (EU) 2022/1854. This disrupts market processes already taking place and cannot be justified in light of the prohibition of member states’ interference in electricity prices in the internal market arising from the ...
In 2023, the energy market faces a host of challenges & opportunities - Petroplan's Managing Director APAC, Daniel Torpy, offers his insight
The initiative hoped to help citizens reduce fuel consumption and reduce the cost of living during the economic uncertainties and rising energy prices. In the summer of 2022, a 30% discount for municipal public transport was announced, with local governments in places like Catalonia topping up to...
Due to the volatility of the energy market, energy prices fluctuate throughout the year. From September 2023 to September 2024, Oregon experienced a 15.2% increase, thelargest increase in residential electricity pricesin the United States. Meanwhile, Nevada experienced the largest decrease, with rates...
While our study provides valuable insights into the persistence of energy prices, further research is needed to investigate the root causes of persistence and its implications in a rapidly changing global economic environment. Additionally, exploring the individual factors that influence energy price...
What is the energy price cap? How the Ofgem price cap could affect you in 2024 If you’re on a standard variable energy tariff, your unit rate prices will be capped by Ofgem’s energy price cap. But what is the price cap and how does it work? Find out everything you need to know...
Prices & Access Statistics Reports Insights Research AI New Daily Data Services Energy & Environment› Energy Energy imports in the UK - statistics & facts Although historically relatively self-sufficient in covering domestic energy demand, the United Kingdom’s dependency on imports has incre...
North American P25* power purchase agreement (PPA) offer prices rose by 4% in Q4 of 2023, according to a new report from LevelTen Energy, operator of the world’s largest PPA marketplace.
Global energy prices hinge on China's economic recovery. China's lifting of COVID-19 restrictions will boost oil and gas demand in 2023. Stronger industrial activity should increase China's natural gas imports, and a rebound in mobility will boost gasoline, diesel, and jet fuel demand. The ...