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Germany to earmark 4 bln euros annually for power subsidy - economy minister
Germany plans to earmark around 4 billion euros ($4.40 billion) annually to subsidize electricity prices for energy-intensive industries, to support an industrial move away from fossil fuels and discourage firms from moving offshore.
read more... 23/05/2023
Key lawmaker wants revenue cap in EU electricity market reform
The European Parliament’s lead negotiator on the EU’s power market reform has sparked concern by proposing the return of a controversial revenue cap for power generators with cheap production costs, like renewables and nuclear.
read more... 18/05/2023
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British energy regulator seeks to speed up grid connections
British energy regulator Ofgem said on Wednesday it was launching a policy review to speed up connecting low-carbon energy schemes to the electricity transmission grid.
read more... 18/05/2023
1.6 million UK homes joined scheme to cut winter power demand
Some 1.6 million British homes signed up to a scheme paying them to cut electricity use to help prevent power shortages last winter, saving over 3,300 megawatt hours (MWh) of electricity, National Grid said on Wednesday.
read more... 12/05/2023
Acer grants Nordic regulators more time for balancing rules
EU energy regulatory agency Acer has granted Nordic regulators an extra six months to decide on updates to the rules on market-based cross-zonal electricity balancing capacity allocation, it said late on Friday.
read more... 09/05/2023