The U.K. opposition Labour Party would probably drop its pledge to freeze prices for energy “like a hot potato” in the event of talks to form a coalition after next year’s election, said Energy Secretary Ed Davey. ›

Coal-fired power producer, Drax, and French energy group, EDF, have qualified for a UK scheme to reward power companies for keeping plants on standby, officials announced on Friday. ›

UK renewable electricity projects will compete this autumn for an extra GBP95 million ($154 million) in state support, compared with the indicative budget published in July, the Department of Energy and Climate Change said Thursday. ›

Gas had the largest share of the UK’s generation mix for the first time in three years in the second quarter of this year, the Department of Energy and Climate Change said Thursday. ›

East Asian spot LNG prices climbed sharply between late August and mid-September amid growing global competition for FOB volumes and a deteriorating outlook for alternatives to gas-fired generation in Japan. ›

Gas price rises would become a reality in the event of a Ukrainian gas transit crisis this winter, according to UK energy secretary Ed Davey.   ›

As National Grid hunts extra winter electricity, it is feared four crucial nuclear reactors may be offline until the year’s end. ›

Traders are bracing for higher European natural gas prices as the worsening conflict between Russia and Ukraine threatens to disrupt supplies of the fuel this winter. ›

Spot prices of LNG have begun to rebound with the Platts Japan Korea Marker for September delivery gaining $0.30/MMBtu over two days, rising from $10.525/MMBtu on August 7 to close at $10.825/MMBtu on Monday. ›

Gas for Winter delivery in the UK saw intraday gains of more than 4% Friday as the market reacted to news that Ukraine may block flows of Russian gas through its territory. ›