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electricity - Latest news GMK Center

Photo – The EC has approved Spain’s €9 billion electricity supply security support scheme
The EC has approved Spain’s €9 billion electricity supply security support scheme

The program is open to projects that aim to ensure access to electricity during periods of shortages

Photo – Under what conditions is the Zaporizhzhia Ferroalloy Plant currently operating?
Under what conditions is the Zaporizhzhia Ferroalloy Plant currently operating?

Due to the high cost of electricity, which accounts for 53% of production costs, the operation is unprofitable

Photo – Electricity and gas rates have increased in Turkey since April 4
Electricity and gas rates have increased in Turkey since April 4

For industrial consumers, gas prices rose by an average of 18.61%; for power plants, by 19.42%

Photo – Energy imports to the EU declined again in 2025
Energy imports to the EU declined again in 2025

Purchases fell by 11.1% y/y in monetary terms, while the United States and Norway remained key suppliers

Photo – ArcelorMittal Kryvyi Rih announced a deterioration in the situation with electricity, gas, and railway tariffs
ArcelorMittal Kryvyi Rih announced a deterioration in the situation with electricity, gas, and railway tariffs

Electricity reached $230/MWh in February, and the share of energy resources in the cost price rose to 40%

Photo – The EU seeks to ease pressure on industry due to energy prices
The EU seeks to ease pressure on industry due to energy prices

The European Commission is considering a number of short-term solutions

Photo – The EC has approved a €78 million aid scheme for Slovenia for energy-intensive companies
The EC has approved a €78 million aid scheme for Slovenia for energy-intensive companies

The scheme will consist of partial compensation for indirect electricity costs within the ETS

Photo – ArcelorMittal Kryvyi Rih forced to suspend production at LMZ
ArcelorMittal Kryvyi Rih forced to suspend production at LMZ

The key reason is the energy crisis facing the company

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