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EU extends gas price cap system to all EU hubs
The European Commission will extend its gas price cap system to all trading hubs in the European Union from May to prevent potential distortions to Europe's energy markets, it said on Friday.
read more... 03/04/2023
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Finance risk could limit EU’s joint gas buying plans
Companies’ ability to use the EU’s joint gas buying platform could be limited by lack of access to the financial guarantees needed to underpin contracts, European Commission vice president Maros Sefcovic said on Tuesday.
read more... 29/03/2023
EU plans early carbon market auctions from July
The European Union plans to conduct early carbon market auctions, starting from July, to raise extra funds to help countries quit Russian gas and cut emissions, the European Commission said on Monday evening.
read more... 28/03/2023
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Nuclear not ‘strategic’ for EU decarbonisation
European Commission President Ursula von der Leyen outlined limits to EU backing for nuclear power under the bloc’s Net-Zero Industry Act, which seeks to support home-made production of clean technologies like batteries and solar panels.
read more... 27/03/2023
EC demands more transparency around carbon offsets in greenwashing crackdown
The European Commission will require companies to provide details on the origination and methodologies of the carbon credits it is using, according to its new proposal aimed at countering greenwashing and misleading environmental claims.
read more... 24/03/2023