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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
EU ministers back €20 billion plan to ditch Russian fossil fuels
EU finance ministers reached a deal on Tuesday (4 October) to raise €20 billion from the bloc’s carbon market to support the transition away from Russian energy, opening the way for talks with the European Parliament to finalise the plan.
read more... 06/10/2022
UK's first CO2 storage round attracts bids from 19 companies
A total of 19 companies applied to develop carbon dioxide (CO2) storages off Britain in the country's first such licensing round, the North Sea Transition Authority (NSTA) said on Thursday.
read more... 23/09/2022
Portugal ups debut offshore wind auction target to 10 GW
Portugal has raised the target for its debut offshore wind power auction to 10 gigawatts (GW), Environment Minister Duarte Cordeiro said on Wednesday, aiming to "move faster" on the country's energy transition.
read more... 22/09/2022
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EU ban on Russian coal imports to take effect after transition ends
European Union (EU) member states will not be allowed to import any more coal from Russia after the transitional period for the bloc's embargo ends at midnight on Wednesday.
read more... 11/08/2022