Japan’s Power Prices Reach 3.5-Year High Amid Oil Surge

Japan's day-ahead spot electricity prices surged to $0.15 (24.78 Japanese yen) per kilowatt-hour (kWh) on Wednesday,…

UK borrowing falls in June as Burnham cuts VAT on energy

The UK government reported a lower-than-expected borrowing figure for June, coinciding with Prime Minister Andy Burnham's…

US Consumer Prices Fall 0.4% in June as Energy Costs Drop

Consumer prices in the United States decreased by 0.4% in June, primarily driven by a significant…

Europe’s Heatwave Drives Record Energy Prices and Income Losses

Europe is grappling with a severe heatwave that is impacting both health and household incomes. Recent…