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EU gas market overhaul puts consumers, hydrogen at the centre
A draft European Commission proposal to overhaul the EU gas market introduces new rights for consumers to choose their supplier but stops short of setting the targets demanded by industry to ramp up the consumption of renewable and low-carbon gases.
read more... 24/11/2021
Spain’s power measures ‘tilting toward’ utilities
Spain's interventionist measures in recent months aimed at reducing the effect of record wholesale energy prices on consumers' electricity bills have temporarily increased regulatory risk perception in the sector. But they looked to be leaning towards local major utilities in the end, consultancy Ekon said.
read more... 22/11/2021
EU leaders to press ahead with emergency relief for energy prices
European Union leaders are set to press ahead with measures to shield consumers from record-high energy prices that have curtailed industrial production and hiked consumer bills.
read more... 18/10/2021
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Power firms, investors, complain to EU about Spanish profit claw-back
Power firms including wind energy leader Iberdrola and investors have complained to European officials about a Spanish move to claw back company profits and channel them to consumers hit by high energy prices, a letter seen by Reuters showed.
read more... 04/10/2021
Spain taxes renewables, nuclear power plants to help consumers cope with high electricity prices
Spain has introduced a charge on the production of renewable energy power plants to mitigate the impact of soaring electricity and gas prices on consumers. A similar levy for nuclear and hydropower plants is in the pipeline.
read more... 29/09/2021