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EU proposes permanent scheme for joint gas purchases

The European Commission has proposed making the EU's scheme for joint gas purchases permanent, after demand exceeded expectations in the policy's first tenders to seek non-Russian fuel, a document showed and officials told Reuters.

read more... 06/09/2023

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Capital Energy to sell $1 billion renewable energy portfolio

Spanish-based renewable energy investor Capital Energy has hired Lazard to sell a portfolio of 4.3 gigawatts (GW) of onshore wind and solar power plants in Spain, according to the sale of documents seen by Reuters.

read more... 31/07/2023

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France to raise regulated household electricity prices by 10% from August

The French government has decided to raise regulated household electricity prices by 10% starting from August, a government official told Reuters on Tuesday, confirming a report from newspaper Les Echos.

read more... 18/07/2023

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Baltic states set to decouple from Russian power grid in early 2025

The Baltic states are set to decouple from the Russian power grid in early 2025 despite calls from Lithuania for an earlier exit, Estonian Prime Minister told Reuters.

read more... 18/07/2023

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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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