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Category archives for electricity

Russian coal ban threatens to raise electricity prices in Europe Russia could lose revenue of nearly $4.4 billion

  • 08 April, 2022
  • 5:42 pm EEST

Although Europe's decision to ban Russian coal will affect a major source of Moscow's revenue, it risks soaring electricity prices on the old continent, amid tight global supplies. The European Union on Friday formally adopted the fifth package of sanctions…

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Gazprom shares fall 40% on the Moscow Stock Exchange

  • 24 February, 2022
  • 5:35 pm EET

Gazprom Shares Fall 40% On The Moscow Stock Exchange The Russian Gazprom share price fell by 40% on the Moscow Stock Exchange, at 01:30 GMT The decline in Gazprom's stock came after Russian President Vladimir Putin announced that he had…

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Renewable energy electricity prices are rising in America witnessed a jump in the last quarter of 2021

  • 21 January, 2022
  • 2:52 pm EET

The increasing rates of inflation have reflected noticeably on the prices of electricity generated from renewable energy sources in America, and expectations indicate further rises to come. In light of the high demand for goods, coinciding with the recovery from…

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Texas .. Hurricanes and winds cut off electricity to tens of thousands of homes And the return of the current to 125,000 homes in Houston

  • 29 October, 2021
  • 5:17 pm EEST

A month and a half after Hurricane Nicholas hit the US state of Texas, strong winds caused power outages in tens of thousands of homes in the state on Thursday. Groups from Centerpoint Energy, one of the US natural gas…

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Kenya plans to generate electricity from LNG as an alternative to oil by 2030

  • 28 October, 2021
  • 5:54 pm EEST

Kenya is on the right track to clean energy by converting heavy oil power plants to liquefied natural gas by 2030. In this context, the state-owned Kenya Electricity Generating Company (Kengen) is planning to conduct a feasibility study to restructure…

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