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Germany weighs nationalising gas importer Sefe
Germany is looking at nationalising gas importer Sefe, previously Gazprom Germania, to protect it from bankruptcy, two sources familiar with the matter said on Thursday, a day after Berlin moved to nationalise top gas importer Uniper
read more... 23/09/2022
Germany takes 99% Uniper stake as takeover confirmed
The German government will acquire 99% of the country’s struggling utility Uniper following a takeover deal agreed with its Finnish parent Fortum, the companies confirmed in a statement on Wednesday.
read more... 21/09/2022
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Germany to subsidise basic level of power for homes, businesses
Germany plans to subsidise a basic level of electricity usage for households and set aside cheaper power for small and medium-sized businesses, according to measures set out in an Economy Ministry paper seen by Reuters on Thursday.
read more... 09/09/2022
Germany introduces steps to boost renewable energy expansion
Germany's government will introduce further measures to promote the expansion of renewable energy, including a new solar power tender and improving biogas plant regulations, a draft law showed on Tuesday, as Berlin seeks alternatives for Russian gas.
read more... 07/09/2022
Germany to use windfall tax income to reduce energy prices for end consumers
Germany's government will use income from windfall taxes to lower end-consumer prices for gas, oil and coal, German Chancellor Olaf Scholz said on Sunday, announcing measures to mitigate the impact of rising energy prices on its population.
read more... 06/09/2022