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Italy's telecoms lobby urges EU to help lower energy bills, avoid power cuts

Italy's telecoms lobby has called on the European Union to consider ways to help the industry cope with rising energy costs as well as to shield their networks from any planned power cuts, a document seen by Reuters showed.

read more... 11/10/2022

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Spain set to overhaul consumer power price mechanism to reduce volatility

Spain's government has proposed an overhaul of its retail power tariff mechanism to dilute the link to volatile day-ahead prices, the Ecological Transition Ministry said Oct. 5.

read more... 07/10/2022

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Germany to subsidise electric bills with 13 bln euro grid fee payment

Germany will subsidise power bills next year by paying just under 13 billion euros ($12.8 billion) towards the usage fees charged by the four high-voltage transmission grid companies (TSOs), economy minister Robert Habeck said on Wednesday.

read more... 06/10/2022

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French grid operator RTE to return more than 1 bln euros to clients

France's power grid operator RTE said it intended to return more than 1 billion euros ($961 million) to its clients at the start of 2023, a total matching this year's revenue windfalls prompted by tensions on the electricity market.

read more... 29/09/2022

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Greece to give energy savers bigger power bill subsidies

Consumers who cut down their electricity consumpion over the winter months will be rewarded with bigger power bill subsidies, Greek Prime Minister Kyriakos Mitsotakis said on Tuesday.

read more... 21/09/2022

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