The European Union's executive plans to raise more than 140 billion euros ($140 billion) to shield consumers from soaring energy prices by skimming off revenues from low-cost electricity generators and making fossil fuel firms share windfall profits.
read more... 15/09/2022
France's government is offering 12 euros per share to take full control of EDF in a 9.7 billion euro ($9.85 billion) buyout offer that gives it a free hand to run the group as it contends with a European energy crisis.
read more... 19/07/2022
The European Parliament's energy committee today voted to increase the share of renewables in the bloc's energy mix to a 45pc target and to increase energy savings, reducing usage by at least 40pc in final energy consumption, both by 2030.
read more... 14/07/2022
EU energy ministers on Monday agreed to increase the share of European energy consumption coming from renewables such as solar or wind power to 40 percent by 2030.
read more... 28/06/2022
Vattenfall is buying 85% shares in Zephyr's 2800MW Vidar and Poseidon offshore wind farms planned to be built off the coast of Gothenburg, Sweden.
read more... 21/06/2022