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Spain targets EU power market reform by year end

The Spanish EU presidency plans to make power market reform one of its main priorities, with the aim of approving plans before the end of the year, energy ministry sources told Montel on Friday.

read more... 10/07/2023

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EU needs over $760 bln/yr to hit green transition targets

Europe will require investments of more than 700 billion euros ($762.44 billion) a year to meet its energy transition goals to combat climate change, the European Union Commission said on Thursday.

read more... 07/07/2023

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Italy aims to turn up renewable power to two thirds of total by 2030

Italy aims to generate nearly two thirds of its electricity from renewable energy sources by the end of the decade, the energy ministry said on Friday, slightly improving targets made public three years ago.

read more... 04/07/2023

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UK to tighten emissions trading scheme from 2024

The UK emissions trading scheme (ETS) will be reformed next year to tighten limits on carbon dioxide pollution and expanded in 2026 to include new sectors, the relevant authority said on Monday.

read more... 03/07/2023

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EU renewable energy law clears first vote after French nuclear assurances

A European Parliament committee on Wednesday backed new EU renewable energy targets, but criticised last-minute changes offering France and other countries possible carve-outs for ammonia plants and greater recognition of nuclear energy.

read more... 30/06/2023

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