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Germany to cap electricity prices by taxing excess profits

Germany's government plans to introduce a cap on electricity prices for households and industry to ease the impact of soaring energy costs, a ministry document seen by Reuters on Wednesday showed.

read more... 20/10/2022

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Mercedes-Benz in preliminary offshore wind deal for electricity from 2027

Mercedes-Benz has struck a preliminary agreement with an offshore wind provider to supply electricity equivalent to 25% of its demand in Germany from 2027 onwards, a spokesperson for the carmaker said on Monday.

read more... 19/10/2022

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Poland to cap power prices for households, small business

Poland will set a maximum electricity price of 785 zlotys ($156.61) per megawatt hour (MWh) for small businesses and entities such as hospitals and 693 zlotys/MWh for households in 2023, the country's prime minister said on Tuesday.

read more... 12/10/2022

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Italy's telecoms lobby urges EU to help lower energy bills, avoid power cuts

Italy's telecoms lobby has called on the European Union to consider ways to help the industry cope with rising energy costs as well as to shield their networks from any planned power cuts, a document seen by Reuters showed.

read more... 11/10/2022

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Spain set to overhaul consumer power price mechanism to reduce volatility

Spain's government has proposed an overhaul of its retail power tariff mechanism to dilute the link to volatile day-ahead prices, the Ecological Transition Ministry said Oct. 5.

read more... 07/10/2022

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