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Countries warn EU against 'crisis mode' overhaul of energy market
Denmark, Germany, the Netherlands, Estonia, Finland, Luxembourg and Latvia have warned Brussels not to rush into major changes to the European Union's electricity market in response to the energy crisis, calling instead for limited tweaks to the system.
read more... 14/02/2023
Norway to apply new energy-saving measures
The Norwegian government will introduce stricter energy-saving measures for power producers in circumstances when hydropower reservoir levels are anticipated to be low, with the possibility of reducing power exports during periods of shortages.
read more... 30/01/2023
UK must review decision to block UK-France power cable project
Britain must review its refusal to grant development consent for a high-voltage undersea power cable project linking Britain and France, London's High Court ruled on Tuesday.
read more... 26/01/2023
Germany's electricity price cap to cost 14.5 bln eur until May
Germany plans to spend 14.5 billion euros ($15.75 billion) to finance its electricity price cap until May, a government document seen by Reuters showed, as part of a relief package Berlin set out last year to shield households and firms from surging energy prices.
read more... 25/01/2023
EU's planned reforms aim to better protect power bills from market swings
European Union proposals to overhaul its electricity market will attempt to better protect consumer energy bills from short-term swings in fossil fuel prices, the European Commission said on Monday.
read more... 25/01/2023