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EU lawmakers consider profit cap in case energy prices resurge
Lawmakers in the European Parliament will consider a proposal to cap power plants' windfall revenues if Europe faces another energy price crisis and use the cash to cushion citizens from soaring bills.
read more... 16/05/2023
EU countries to finalise 42.5% renewable energy target
European Union countries are set to finalise a new renewable energy target to get 42.5% of the bloc's energy from renewable sources by 2030, a final version of the law showed.
read more... 16/05/2023
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Italy looks at nuclear energy to supplement energy mix
Investing in nuclear is necessary for Italy to pursue its energy objectives and ensure European energy sovereignty, said far-right MP Luca Toccalini (Lega/ID) as the Italian coalition expresses support for nuclear.
read more... 16/05/2023
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EU watchdog sees concentration, liquidity risks in gas derivatives
Europe's $4.5 trillion natural gas derivatives market has become less transparent since Russia's invasion of Ukraine and faces risks due to a small number of market players and low liquidity, the European Union's securities watchdog said on Friday.
read more... 15/05/2023
Northvolt to build multi-billion-euro battery plant in Germany
Sweden's Northvolt said it will invest several billion euros to build an electric-vehicle battery cell plant in Germany, after speculation that the company could divert planned investment to the United States.
read more... 15/05/2023