Bloomberg Germany produced a record amount of electricity from solar and is set to exceed that again on Tuesday as a heat wave grips Europe. About 38,174 megawatts were generated from solar panels and high levels are expected through Wednesday. A fresh record is possible on Tuesday, with a maximum 38,287 megawatts forecast. A brutal heat wave is moving into ...

  Bloomberg European energy and utilities companies are racking up more debt to cover cost of soaring oil and gas prices. Their overall debt, which has been climbing since the pandemic, has swelled this year to more than 1.7 trillion euros ($1.7 trillion) — more than a 50% jump from before 2020. Most recently, Germany’s Uniper looks set to need ...

It’s a falling chain of energy dominoes — one in which each tile is worth many billions of euros. A failed utility here, a nation’s supply there. When the dust settles, the total bill for rescuing the European energy market this winter will easily top $200 billion. This may sound flippant, and it’s admittedly a rough estimate. But the calculus ...