Latest news
Spain readies new tax on electric utilities' profits
The Spanish government is readying a new tax on electricity utilities' profits, which have been boosted by energy prices, Budget Minister Maria Jesus Montero said on Tuesday.
read more... 22/06/2022
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Europe’s electricity industry calls for €400bn investment in distribution grids
Jean-Bernard Lévy, the chairman and CEO of French utility EDF and current president of power industry association Eurelectric, has urged EU countries to invest in distribution grids in order to sustain Europe’s move towards climate neutrality.
read more... 22/06/2022
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GIG and Bluestone to develop battery storage projects in UK
Macquarie’s Green Investment Group (GIG) has signed a joint development agreement with UK-based renewable energy developer Bluestone Energy to develop up to 2GW worth of battery storage projects in the UK.
read more... 16/06/2022
French power could top EUR 700 this winter
French winter power prices would exceed EUR 700/MWh in the event of a halt to Russian gas supplies, Sebastien Loux, managing director of TotalEnergies' electricity and gas business in Europe, told Montel on Monday.
read more... 14/06/2022
EU chief announces electricity market overhaul amid ‘skyrocketing’ prices
In an about-turn, the President of the European Commission, Ursula von der Leyen, acknowledged that the EU’s electricity market “does not work anymore” and needs to be adapted to the “new realities of dominant renewables”.
read more... 13/06/2022