UK Becomes Net Exporter of Electricity: Energy Update

WATCH: Video released by the Danish Defence Command shows disturbed water in the Baltic Sea.Source: Bloomberg
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Germany set out a plan to limit gas prices for homes and business that will need €200 billion ($195 billion) of borrowing, a move that risks keeping consumption high as shortages loom this winter.

Households aren’t yet listening to calls to use less gas with the country’s network regulator warning earlier that consumption was higher than usual over the past week as temperatures dropped. Savings of at least 20% are needed to avert a shortage of the fuel this winter.