The German government has reached a five-year agreement on a package of measures to support industry in the face of high electricity prices, as it steps up efforts to stop firms relocating to countries with lower production costs.
read more... 10/11/2023
Italy has failed to approve a decree aimed at promoting the country's energy security, two government officials said on Monday, signalling internal disagreements within the coalition.
read more... 24/10/2023
EU energy ministers are seeking to resolve differences over the use of contracts for difference (CfDs) to support nuclear energy investment on Tuesday. Some countries support the initiative as they see CfDs as key to incentivising investment in an industry with uncertain rates of return on capital. Others believe CfDs will disrupt the pricing mechanism for energy markets in Europe.
read more... 18/10/2023
As France and Germany negotiate a joint agreement to resolve differences over the EU’s proposed electricity market reform, Spain, which holds the EU’s rotating presidency, presented a new compromise proposal on Wednesday (11 October), which seems to put Paris’ back against the wall.
read more... 16/10/2023
Britain said on Tuesday it would work closely with Germany to underpin the international trade in hydrogen under a new partnership, which the government hopes will support its net zero target and bolster energy security.
read more... 27/09/2023