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Spain's EU power market reform draft includes subsidies for existing plants

Spain has proposed state aid for existing power plants, but with limits to avoid market distortions, in a bid to end a stalemate over reform of the European Union's electricity market, according to a draft seen by Reuters on Wednesday.

read more... 13/07/2023

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Spain makes new proposal for EU power market reform as seeks deal

Spain has drafted a new proposal on the reform of the European Union's electricity market as it seeks to push the bloc towards an agreement in principle by the end of July, two people familiar with the matter said on Tuesday.

read more... 12/07/2023

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UK explores ‘locational pricing’ to green grid and lower energy bills

The UK Government is currently exploring the possibility of implementing locational pricing for electricity.

read more... 11/07/2023

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EU Parliament clinches political deal on electricity market reform

Political groups in the European Parliament have agreed on the broad terms of the EU’s electricity market reform on Thursday (6 July), paving the way for a swift adoption of the proposal in the EU assembly before decisive talks with EU member states to finalise the law.

read more... 07/07/2023

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UK's National Grid and SSEN in JV for 2 GW electricity transmission project

Scottish and Southern Energy Networks (SSEN) said on Tuesday it had signed a joint venture agreement with Britain's National Grid Electricity Transmission (NGET) to build a 2 gigawatt (GW) subsea cable linking northern Scotland to England.

read more... 06/07/2023

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