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Stricter Regulations For Electricity Companies By Ofgem

Electricity companies will no longer employ a contentious strategy that raises bills to the detriment of consumers, as announced by the energy watchdog. Ofgem has introduced rules aimed at curbing companies from making "excessive" profits during the winter season....

EU Seeks To End Treaty Protecting Fossil Fuel Investments

The European Commission has proposed that EU countries collectively withdraw from an international treaty that has been criticized for hindering efforts to combat climate change. The Energy Charter Treaty, which was established in 1998, allows energy companies to take...

Surging Electrification In Belgium Demands More Flexibility

Insights reveal that electrification is happening faster than expected, driven by policy measures speeding up the country's energy transition. The study emphasizes that flexibility must be harnessed to balance supply and demand. Electrification is spreading across society earlier and...

UK National Grid Operator Rules Out Coal Power For Winter

The UK's national grid operator has made it clear that the country will not rely on coal-fired power generation, even if it becomes necessary during the upcoming winter. On June 28, the National Grid Electricity Systems Operator (ESO) issued...

Iran To Support The Reconstruction of Power Plants In Syria

The Iranian energy minister has gone on to say that their country is ready to share funding as well as restore the Syrian water and electricity sectors, which have suffered some serious damage because of the war there. As per...

ADB Studies To Speed Up Early Coal Retirement In Kazakhstan

The Asian Development Bank has begun studying opportunities so as to speed up the retirement of coal-fired power plants across Kazakhstan by way of the Energy Transition Mechanism- ETM programme. According to Yevgeniy Zhukov, who happens to be the ABD...

The Indonesian Energy Mix Had A 64% Share of Coal In 2022

The share of coal in Indonesia’s energy mix has surged from 61% to 64% in 2022, thereby meeting the electricity demand following a 6.6% increase year on year. The report from the International Energy Agency (IEA) said that a...

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