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The Netherlands cancelled four of seven hydrogen projects funded with €783.5 million in subsidies in 2022, with none yet operational. The government plans additional subsidies despite mounting evidence of unviable costs and lower-than-expected demand.
Venezuela has ended its 19-year electricity sector monopoly, allowing private capital investment primarily benefiting oil producers and large businesses while maintaining state control of hydroelectric infrastructure serving households amid ongoing blackouts.
Oil prices have declined roughly 20% from late-October peaks amid hopes for Middle East de-escalation, though geopolitical tensions and elevated shipping costs continue to support prices near $94 per barrel.
Ofgem proposes reintroducing a market stabilisation charge to prevent energy supplier failures during volatile winter conditions, potentially requiring suppliers to compensate rivals when luring customers with cheaper deals.
An independent investigation into allegations that Great Britain’s grid operator covered up blackout risks during a June heatwave found “concerning” cultural and governance issues, though it found no evidence of inappropriate influence over operational decisions.
Britain’s energy minister directed major suppliers to increase support for households with unpaid bills this winter, ahead of a potential £2.5bn government debt relief program targeting 2.4 million struggling families.
