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Spain's EU power market reform draft includes subsidies for existing plants

Spain has proposed state aid for existing power plants, but with limits to avoid market distortions, in a bid to end a stalemate over reform of the European Union's electricity market, according to a draft seen by Reuters on Wednesday.

read more... 13/07/2023

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Spain makes new proposal for EU power market reform as seeks deal

Spain has drafted a new proposal on the reform of the European Union's electricity market as it seeks to push the bloc towards an agreement in principle by the end of July, two people familiar with the matter said on Tuesday.

read more... 12/07/2023

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Construction of first UK-Germany direct power link gets underway

NeuConnect, the first direct power link between the UK and Germany, achieved a key milestone this week by signing a licence agreement with The Crown Estate.

read more... 12/07/2023

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Spain targets EU power market reform by year end

The Spanish EU presidency plans to make power market reform one of its main priorities, with the aim of approving plans before the end of the year, energy ministry sources told Montel on Friday.

read more... 10/07/2023

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EU Parliament clinches political deal on electricity market reform

Political groups in the European Parliament have agreed on the broad terms of the EU’s electricity market reform on Thursday (6 July), paving the way for a swift adoption of the proposal in the EU assembly before decisive talks with EU member states to finalise the law.

read more... 07/07/2023

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