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OPEC decision to hold virtual meeting signals little likelihood of policy change, cap on Russian oil awaited
The OPEC+ decision to hold its Dec. 4 meeting virtually signals little likelihood of a policy change, a source with direct knowledge of the matter told Reuters on Wednesday.
read more... 30/11/2022
Germany plans 33% windfall tax on gas, coal and oil firms
The German government plans to introduce a special levy to skim off 33% of windfall profits made by oil, coal and gas companies, which could generate revenue of between one and three billion euros, finance ministry sources told Reuters.
read more... 24/11/2022
Solar, wind industry worried about ‘daft’ EU permitting rules
New emergency permitting rules tabled by the European Commission just over a week ago would concern only “new” renewable energy projects and fail to address the hundreds of gigawatts currently stuck in the administrative pipeline, industry sources say.
read more... 18/11/2022
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EU Commission said gas price cap impossible as requested
The European Union's executive body told its 27 member countries at a seminar on Monday that it was not possible to create a gas price cap that would not affect long-term contracts or supply security, two diplomatic sources told Reuters.
read more... 10/11/2022
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Czech govt proposal for revenue cap on power producers hits nuclear hardest
The Czech industry ministry has proposed a cap on power producers' revenue ranging from 70 to 230 euros per megawatt hour, depending on the source, according to a legislative document published by the government.
read more... 08/11/2022