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Spain, Portugal to approve gas price cap on Tuesday

The governments of Portugal and Spain will decree on Tuesday the introduction of a Brussels-backed temporary cap on reference prices of natural gas and coal used by power plants, Portuguese Prime Minister Antonio Costa said on Monday.

read more... 10/05/2022

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Swiss preparing for possible 'severe' electricity and gas shortages

The Swiss government is setting up a gas sector crisis intervention group and a monitoring system for early detection of an impending electricity shortage, it said on Wednesday, as it prepares for the possibility of "severe" power shortages.

read more... 05/05/2022

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Electricity market ‘not to blame for current crisis’

The EU’s integrated electricity market has helped mitigate energy prices, bringing benefits estimated at €34 billion per year, according to a report by the EU’s energy regulators, who outline 13 measures to alleviate the ongoing price crisis.

read more... 29/04/2022

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Italian grid to struggle with fast green growth

The Italian power grid may not be ready to accommodate an acceleration of new green capacity as the government is pushing to accelerate its green transition and reduce dependence on Russian gas, experts told Montel.

read more... 28/04/2022

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Electricity exchanges urge Spain, Portugal not to act alone on power prices

Power trading platforms are urging the Spanish government not to intervene alone in the system that sets the price of electricity, in its bid to bring down sky-high utility bills, according to a letter seen by Reuters.

read more... 27/04/2022

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