Latest news
.jpg)
How to fix an electricity market that isn’t broken
Europe is trying to answer a tricky question: how do you fix something which isn’t broken? Its electricity market is, in fact, working perfectly, but in doing so, has inflicted insufferably high prices on EU consumers.
read more... 23/02/2023
Daily (22.02.2023): EUAs expiring in Dec23 surpassed 100 €/tonne on Tuesday for the first time in the 18-year history of the European market
Oil prices fell on Tuesday, amid concerns about the global economy and prospects of another US interest rate hike. As a result, Brent crude oil declined by 1.3% day-on-day to settle at $83.05 a barrel.
read more... 22/02/2023
Berlin lays out plan to bring back solar, wind industry on German soil
The German government is looking to acquire shares in renewable energy firms and provide support to wind turbine and solar panel manufacturers in order to encourage their production in Germany.
read more... 22/02/2023
French electricity union shares EU market reform suggestions
Lowering electricity prices and offering greater visibility to investors are the two key objectives of the French Electricity Union (UFE) for the upcoming reform of EU electricity market rules, said the union’s president.
read more... 22/02/2023
Spain collects millions in ‘solidarity taxes’ imposed on banks, energy firms
Large energy companies and financial institutions in Spain have paid €1.45 billion in a first instalment of two extraordinary taxes imposed by the government on both sectors, Finance Minister María Jesús Montero explained on Tuesday.
read more... 22/02/2023