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Spain, Netherlands back quick deal on EU power market reform
Spain and the Netherlands have backed a rapid deal on an upcoming revamp of Europe's electricity market, as countries seek to reduce power costs and help their industries compete in global markets.
read more... 28/02/2023
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Germany seeks to link all wind parks in North Sea
The German government said on Monday that it wants to set up a new power line network to connect its own offshore wind parks with those of its North Sea neighbours in order to eliminate bottlenecks in the European energy market. Governments in northwestern Europe are hoping that wind power at sea will provide a large share of their future clean energy needs.
read more... 28/02/2023
Europe gets ready to revamp its electricity market
European Union energy ministers meet on Monday to debate upcoming power market reforms. Brussels is set to propose the revamp next month, but already countries are split over how to "fix" the energy system - or whether it needs fixing at all.
read more... 27/02/2023
EU carbon hits record 100 euros as cost of polluting soars
The price of permits on the European Union's carbon market hit 100 euros ($106.57) per tonne for the first time on Tuesday, a milestone that reflects the increased costs that factories and power plants must pay when they pollute.
read more... 27/02/2023
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Healthy gas storage warms Europe, but not enough
As Europe emerges from a mild winter with gas storage close to record levels, it must brace for another costly race to replenish its reserves on the international market.
read more... 23/02/2023