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EU countries break deadlock on power market subsidies
European Union countries' energy ministers struck a deal to reform power market subsidies, Spain's energy minister said on Tuesday, defusing a stand-off between France and Germany over the future competitiveness of industrial sectors.
read more... 19/10/2023
France and Germany disagreement on CfDs continues
EU energy ministers are seeking to resolve differences over the use of contracts for difference (CfDs) to support nuclear energy investment on Tuesday. Some countries support the initiative as they see CfDs as key to incentivising investment in an industry with uncertain rates of return on capital. Others believe CfDs will disrupt the pricing mechanism for energy markets in Europe.
read more... 18/10/2023
EU tries to unblock France, Germany spat over industrial competition
A stand-off between France and Germany over the future competitiveness of their industries will be the central point of discussion when EU energy ministers meet in Luxembourg on Tuesday, EU diplomats said.
read more... 17/10/2023
France under pressure to compromise in EU electricity market talks
As France and Germany negotiate a joint agreement to resolve differences over the EU’s proposed electricity market reform, Spain, which holds the EU’s rotating presidency, presented a new compromise proposal on Wednesday (11 October), which seems to put Paris’ back against the wall.
read more... 16/10/2023
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France, Germany to aim for energy accord ‘by the end of the month’
Over the years, France and Germany have developed radically diverging electricity systems. While Paris puts large-scale nuclear power plants at the heart of its market, Germany is moving towards a smaller-scale decentralised power generation model relying on 100% % renewable energy.
read more... 12/10/2023