Latest news
Italy, Spain blamed by European Commission over failure to comply with renewable energy law
The European Commission has officially drafted two month deadline, requesting that Italy and Spain to complete their commitment to the EU's renewables directive to 2020, otherwise the two countries could be referred to the EU Court of Justice.
read more... 03/10/2013
Spain envisages 2.7 billion euro cuts in subsidies
Spain's government intends to cut subsidies for renewable-energy suppliers and increase electricity bills as part of widespread reforms to its energy policy. The government had announced a series of actions intended at reducing the country’s tariff deficit, which amount to more than 26 billion euro, and has been accumulated as a result of a discrepancy between generating costs and electricity prices for consumers for a long period.
read more... 09/08/2013
Enel investments in Spain’s energy sector at risk
Enel, Europe's second utility in terms of installed capacity, has announced recently that its future funds in Spain’s energy sector could be at risk unless the energy reform was revised. The Spanish government imposed a 7% levy on all incomes from power generation at the beginning of 2013, and approved a second wave of reforms in July.
read more... 05/08/2013
Key facts on Spain’s energy market deficit
Following are key facts about Spain's energy market and a list of measures devised by the government and approved by royal decree on July 12 to overcome a growing gap between regulated energy prices and costs called the "tariff deficit".
read more... 01/08/2013
Italian wind energy sector
In Italy the wind capacity installed has registered a great success due to government incentives offered to the sector, achieving the record value of 8,144 MW in 2012, and positioning itself 6th below countries as China, US, Germany, Spain and India. According to the TSO, total wind capacity could reach 9,600 MW by the end of this year.
read more... 18/07/2013