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Nuclear price cap likely to replace French Arenh
France is likely to present a nuclear price cap system to replace its current Arenh mechanism by the end of the month, despite continuing to push for nuclear CFDs at the European level, market participants told Montel.
read more... 09/10/2023
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Norway plans resource tax on onshore wind farms
Norway will introduce a resource rent tax on onshore wind power from 2024, although existing facilities will get "generous transitional arrangements", the government said on Friday.
read more... 06/10/2023
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
Germany approves bringing coal-fired power plants back online this winter
Germany's cabinet on Wednesday approved putting on-reserve lignite-fired power plants back online from October until the end of March 2024, the economy ministry said, as a step to replace scarce natural gas this winter and avoid shortages.
read more... 05/10/2023
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France digs in on EU power market reform position
A group of countries led by France has proposed a compromise on the EU's electricity market design (EMD), pushing back on attempts by some countries to introduce stricter controls on future state aid for power plants, a document and sources said Tuesday.
read more... 04/10/2023