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Pro-renewables EU countries call for more support for green energy

Eleven EU member states have called on the European Commission to help boost renewables, cut red tape, and facilitate the necessary legislation to get projects off the ground in a joint communication sent last week, ahead of the European Wind Power Package, due Tuesday (24 October).

read more... 24/10/2023

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Germany to extend energy price caps until end of March 2024

Germany plans to extend the electricity and gas price caps it introduced last year until March 2024 and the European Commission is examining the measure, a source told Reuters on Friday.

read more... 09/10/2023

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EU carbon price to hit €400 mark with 90% climate goal

The European Union’s new climate commissioner, Wopke Hoekstra, made written commitments on Wednesday (4 October) to defend a 90% cut in net greenhouse gas emissions by 2040, a move that financial analysts say will send EU carbon prices above the €400 mark.

read more... 06/10/2023

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EU looking to invest massively in electricity storage

The EU needs to invest heavily in electricity storage, according to the European Commission – an idea supported by Polish electricity company Tauron, which proposes creating a European energy storage bank.

read more... 27/09/2023

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EU's von der Leyen pledges more support for wind industry

The European Union will put forward a package of measures to support its wind power industry as renewable energy companies struggle with challenges including inflation, European Commission President Ursula von der Leyen said on Wednesday.

read more... 14/09/2023

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