After marathon eight-hour negotiations that went until the early hours of the morning, on 10 December, EU prime ministers and presidents agreed to a European Commission proposal to raise the union’s 2030 target for reducing emissions to 55% from 40% below 1990 levels.
read more... 21/12/2020
German utilities RWE, Steag, Uniper and Swedish utility Vattenfall will close some of their coal-fired plants, with a combined capacity of 4.4GW, after being successful in the first German tender for the closures of such facilities.
read more... 02/12/2020
EnBW Energie Baden-Wuerttemberg AG, one of Germany’s Big Four utilities, is close to selling its 29% stake in Austrian peer EVN AG to the utility owned by the city of Vienna, according to people familiar with the process.
read more... 05/03/2020
Ofgem on Wednesday dished out fines to OVO Energy Ltd, which recently bought SSE PLC's household energy unit, as well as to Telecom Plus PLC.
read more... 29/01/2020
Poland is on track to import a record amount of electricity this year as power traders buy cheaper and cleaner electricity from neighboring countries, reducing demand for the mostly coal-fired energy produced by state-run utilities.
read more... 21/10/2019