The cap was designed to kick in if European gas prices hit 180 euros per megawatt hour - a level the benchmark EU price has not reached since the depths of Europe's energy crisis in 2022 ...

Last week at the Davos meeting of the World Economic Forum, European Commission President Ursula von der Leyen launched the Global Energy Transition Forum in partnership with the Executive ...

"The EU is striding closer towards a clean energy future powered by homegrown wind and solar,” says Dr Beatrice Petrovich, senior analyst at Ember. “This new energy system will reduce the ...