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Sweden announces liquidity guarantees of $23 bn to electricity companies
Electricity companies in Sweden and neighbouring countries will receive credit guarantees of up to 250 billion Swedish crowns ($23 billion) to tackle the problems that have arisen on the electricity exchange, the Swedish government announced.
read more... 06/09/2022
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Finnish govt plans 10-bn-euro crisis package for energy companies
Finnish government has proposed to provide the country's electricity companies with loans and guarantees of up to 10 billion euros ($10 billion) to secure the sufficiency of their cash resources.
read more... 06/09/2022
EU mulls inframarginal price cap market reform
EU power markets could move to a capped inframarginal price formation under upcoming EU reforms, according to a leaked non-paper that details potential market reform strategies.
read more... 05/09/2022
Berlin, Brussels join calls for ‘fundamental reform’ of EU power market
The German government on Friday (26 August) said it was looking at decoupling gas and electricity markets as a way to curb rising power prices in Europe, a call later joined on Sunday by Brussels and Vienna.
read more... 30/08/2022
Austria backs EU cap to end 'madness' of runaway power prices
Austrian Chancellor Karl Nehammer backs a European Union-wide cap on runaway electricity prices, he said in a statement issued by his office on Sunday.
read more... 30/08/2022