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EU could face gas shortage next year
The European Union has enough gas for the winter but could face a shortage next year if Russia cuts supplies further, the International Energy Agency (IEA) said on Monday, urging governments to act faster to save energy and expand renewables.
read more... 13/12/2022
Slovenia imposes windfall tax on energy companies
Energy companies in Slovenia will pay a special tax on windfall profits under legislation that will channel revenue towards promoting renewable energy sources and price subsidies following a law passed on Friday.
read more... 13/12/2022
Germany's 2022 renewable power production rises but still behind 2030 target
Germany's power production from renewable energy rose in 2022, but it is still below the threshold needed to reach the target of generating 80% of electricity from renewables by 2030, the Environment Agency said on Monday.
read more... 12/12/2022
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WindEurope calls for EU electricity markets reform
WindEurope and the chemical industry representative body Cefic have written to the European Commission calling for electricity markets to support investments in renewables
read more... 08/12/2022
Italy Expects To Raise $4.2 Billion From Windfall Tax And Power Price Cap
The Italian government expects to raise around $4.2 billion (4 billion euros) from a new windfall tax on energy companies and a price cap on the electricity produced by coal, fuel oil, or renewable power generation, officials at the central bank, Bank of Italy, said on Monday.
read more... 07/12/2022