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EU leaders want power market reforms agreed by year end
EU leaders want to see power market design reforms intended to mitigate volatile prices agreed this year, they said after discussing the bloc’s energy situation at a summit in Brussels late on Thursday.
read more... 24/03/2023
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In U-turn, Germany backs swift adoption of EU power market reform
Ahead of an EU summit in Brussels, the German government signalled readiness to swiftly adopt the EU’s proposed electricity market reform, abandoning previous calls to delay decisions until after the 2024 European elections.
read more... 23/03/2023
Study sees potential for huge North Sea hydrogen pipelines
Investments of between 15 and 22 billion euros ($15.92-$23.36 billion) could buy a 4,200-kilometre new hydrogen pipeline network linking Germany, Belgium, Britain, Denmark, Norway and the Netherlands, according to a study from analysts at DNV consultancy on Thursday.
read more... 17/03/2023
EU drafts rules to stop power suppliers cutting off vulnerable consumers
European Union countries will have to protect vulnerable consumers from being cut off by electricity suppliers if they cannot pay their bills, according to draft EU rules due to be published on Tuesday.
read more... 15/03/2023
EU to revamp power market, aiming to blunt price spikes
The European Commission is set to propose a revamp of Europe's electricity market rules on Tuesday, aimed at expanding the use of fixed-price power contracts to shield consumers from severe price spikes like those experienced last year.
read more... 14/03/2023