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EU warned against ‘patchwork’ of taxes to alleviate energy crisis

Emergency EU measures presented last week to alleviate the burden of high energy prices on consumers risk creating a patchwork of different interventions across Europe and depress investments in renewable energies, industry sources have warned.

read more... 19/09/2022

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France caps power prices increase at 15% next year to shield consumers

Power and gas price increases for French households will be capped at 15% next year, Prime Minister Elisabeth Borne said on Wednesday, as governments across Europe look to tackle prices that have soared after Russia's invasion of Ukraine.

read more... 15/09/2022

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Czech government approves electricity, gas price cap

The Czech government agreed on Monday to cap electricity and gas prices next year to shield households from soaring prices on markets, Prime Minister Petr Fiala said.

read more... 13/09/2022

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Grid operators, exchanges call for EU to change power price rule

Europe's transmission system operators (TSOs) and electricity exchanges have called for the European Union to change the mechanism used for raising the power market price ceiling, Finland's grid operator said on Friday.

read more... 12/09/2022

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Finland starts two backup power plants to prevent blackouts

Finnish power grid operator Fingrid started up two backup power plants on Thursday to balance the country's electricity system and prevent blackouts while repairs were made at a reactor seen as crucial to ensure reliable power supplies this winter.

read more... 09/09/2022

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