#ELECTRICITY

The Polish parliament has passed a bill designed to extend a cap on wholesale energy prices for households until the end of September 2025.

The EU has said it will give Ukraine a grant of €100 million to help restore its electricity transmission system.

Gas and electricity bills in the second half of this year are set to go up, as some of the cushions to help consumers cope with high energy inflation caused by energy shocks, are removed.

Fifteen people have been rushed to hospital after being hit by a bolt of lightning at a Children’s Day music festival in the Czech Republic.

Consumer energy bills in Poland are set to increase in the second half of 2024, with gas bills shooting up 15% and electricity bills increasing by as much as 45%, the government has said.

“For the current day, electricity imports are forecast at 14,900 megawatt hour (Mwh). No exports are expected,” the Ukrainian energy ministry said in a statement.

According to the Augsburger Allgemeine newspaper, Germany incurred a EUR 2.29 billion (USD 2.49 billion) international electricity trade deficit last year. This was attributed to the closure of its last nuclear power plant and imports of cheaper foreign power.