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Germany to earmark 4 bln euros for industry decarbonisation subsidies
The German government will earmark some 4 billion euros ($4.31 billion) for subsidies to support energy-intensive firms switching to green production, a government source told Reuters on Friday.
read more... 19/02/2024
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Italy awaits EU clearance on $5.2 bln tariff to cover gas storage costs
Italy's energy authority is awaiting clarity from the European Union on whether a planned tariff to cover costs of gas storage filling, potentially worth 4.8 billion euros ($5.18 billion), is in compliance with the single market rules, two sources said on Thursday.
read more... 16/02/2024
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EU Commission looks into Germany's natural gas levy
The European Commission has asked the EU's energy regulator ACER to examine whether a tariff Germany added to its natural gas exports distorts the bloc's single market in a possible breach of competition rules, three sources close to the matter said.
read more... 29/01/2024
Germany set for gas power plant expansion deal this week
German stakeholders are set to agree a deal on a much-anticipated roadmap for the construction of several new gas-fired power plants this week, three government and industry sources told Reuters on Monday.
read more... 23/01/2024
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Austria boasts Europe’s second-greenest power sector in 2023
Austria generated 87% of its power from renewable sources in 2023 following record years of solar panel expansion, putting it behind Luxembourg in the EU rankings.
read more... 08/01/2024