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EC favours Nordic-style power market in draft reforms

The European Commission favours a Nordic-style power market with regional virtual trading hubs for all of the EU, according to an unofficial draft of its reform proposals expected next Thursday.

read more... 10/03/2023

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EC drops revenue cap in draft market reforms

The European Commission does not plan to make revenue caps on low-cost power generators a permanent feature, according to an unofficial draft of its power market reform proposals expected next Thursday.

read more... 09/03/2023

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Brussels targets 40% of clean tech manufacturing in Europe by 2030

The European Commission is drafting a new target to have at least 40% of clean technologies manufactured in the EU by 2030 as part of a drive to meet its climate goals and strengthen energy independence. Eligible technologies include renewables, nuclear power and carbon capture and storage, among others.

read more... 07/03/2023

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EU's von der Leyen says she will tackle US green subsidies, overcome e-fuels impasse

EU Commission President Ursula von der Leyen said on Sunday she is determined to counter challenges from U.S. subsidies for green technologies and to speed a currently blocked law on phasing out combustion engines from 2035.

read more... 06/03/2023

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Germany on collision course with France, Spain over EU power market reform

Three weeks before the European Commission tables its proposal to reform the EU’s electricity market, Germany’s position on the issue is still being fleshed out but initial signs already point to a looming clash with pro-reform countries like France and Spain.

read more... 23/02/2023

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