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Germany to subsidise basic level of power for homes, businesses
Germany plans to subsidise a basic level of electricity usage for households and set aside cheaper power for small and medium-sized businesses, according to measures set out in an Economy Ministry paper seen by Reuters on Thursday.
read more... 09/09/2022
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EU approves €341m Greek scheme to support electricity storage facilities
The European Commission has approved a Greek scheme, with an estimated budget of €341 million (£293m), to support the construction and operation of electricity storage facilities.
read more... 07/09/2022
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Hungary aims to invest EUR 16 bln by 2030 to curb gas reliance
Hungary aims to invest up to 16 billion euros by 2030 to boost electricity production and storage capacity and curb reliance on gas imports, supplied mostly by Russia, Technology and Industry Minister Laszlo Palkovics said on Tuesday.
read more... 07/09/2022
Sweden announces liquidity guarantees of $23 bn to electricity companies
Electricity companies in Sweden and neighbouring countries will receive credit guarantees of up to 250 billion Swedish crowns ($23 billion) to tackle the problems that have arisen on the electricity exchange, the Swedish government announced.
read more... 06/09/2022
Finnish govt plans 10-bn-euro crisis package for energy companies
Finnish government has proposed to provide the country's electricity companies with loans and guarantees of up to 10 billion euros ($10 billion) to secure the sufficiency of their cash resources.
read more... 06/09/2022