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EU countries fail to agree energy reforms after coal subsidy clash
European Union countries failed on Monday to agree on planned new rules for the bloc's power market, having clashed over a proposal to extend subsidies for coal plants under the reform, and a push to expand state aid for other power plants.
read more... 20/06/2023
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EU to vote on extension for coal subsidies beyond 2025 Monday
European Union countries are considering a proposal that would let member states prolong capacity mechanism support for coal plants by ducking CO2 emission limits, a draft document seen by Reuters showed.
read more... 19/06/2023
EU tries to pass renewable energy deal, sources say ammonia exception eyed
EU countries hope to pass a deal on new renewable energy targets on Wednesday and are considering options including an exemption for certain ammonia plants, in an attempt to win over countries sceptical of the final law, diplomatic sources said.
read more... 14/06/2023
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Slovak power plant sues state over historic loss
Electricity producer Slovenské elektrárne recorded the second-highest loss for a Slovak company in a decade and is suing the state for making it sell at a loss to customers.
read more... 02/06/2023
World’s largest green hydrogen plant reaches financial close
Saudi Arabia’s Neom Green Hydrogen Company (NGHC) has completed a financial close for its hydrogen plant at a total investment value of $8.4bn.
read more... 26/05/2023