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Germany, Netherlands set out red lines on EU gas price cap
Six European Union countries, including Germany and the Netherlands, have warned that they cannot accept other member states' attempts to lower further the level at which the bloc will cap gas prices, according to an email seen by Reuters.
read more... 09/12/2022
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Germany wants to boost gas trading hub credit line to 20 bln euros
Germany wants to give an additional 5 billion euros' ($5.1 billion) worth of credit to the nationwide gas market trading hub to enable forward sales from gas storage facilities, according to a finance ministry document seen by Reuters.
read more... 22/11/2022
EU informally agrees stronger carbon price control
EU negotiators have reached an informal accord on a stronger carbon price control mechanism as part of ongoing talks to reform the EU ETS, a key European Parliament member said on Friday.
read more... 14/11/2022
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Czech govt proposal for revenue cap on power producers hits nuclear hardest
The Czech industry ministry has proposed a cap on power producers' revenue ranging from 70 to 230 euros per megawatt hour, depending on the source, according to a legislative document published by the government.
read more... 08/11/2022
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Poland’s power grid needs €25 billion upgrade for renewables
Poland’s electricity network requires a major investment of at least €25 billion to enable the transition away from coal towards renewables and nuclear energy, according to a recent report on Poland’s energy transition.
read more... 28/10/2022