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Key lawmaker wants revenue cap in EU electricity market reform

The European Parliament’s lead negotiator on the EU’s power market reform has sparked concern by proposing the return of a controversial revenue cap for power generators with cheap production costs, like renewables and nuclear.

read more... 18/05/2023

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British energy regulator seeks to speed up grid connections

British energy regulator Ofgem said on Wednesday it was launching a policy review to speed up connecting low-carbon energy schemes to the electricity transmission grid.

read more... 18/05/2023

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EU lawmakers consider profit cap in case energy prices resurge

Lawmakers in the European Parliament will consider a proposal to cap power plants' windfall revenues if Europe faces another energy price crisis and use the cash to cushion citizens from soaring bills.

read more... 16/05/2023

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1.6 million UK homes joined scheme to cut winter power demand

Some 1.6 million British homes signed up to a scheme paying them to cut electricity use to help prevent power shortages last winter, saving over 3,300 megawatt hours (MWh) of electricity, National Grid said on Wednesday.

read more... 12/05/2023

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Acer grants Nordic regulators more time for balancing rules

EU energy regulatory agency Acer has granted Nordic regulators an extra six months to decide on updates to the rules on market-based cross-zonal electricity balancing capacity allocation, it said late on Friday.

read more... 09/05/2023

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