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Electricity market ‘not to blame for current crisis’
The EU’s integrated electricity market has helped mitigate energy prices, bringing benefits estimated at €34 billion per year, according to a report by the EU’s energy regulators, who outline 13 measures to alleviate the ongoing price crisis.
read more... 29/04/2022
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Italian grid to struggle with fast green growth
The Italian power grid may not be ready to accommodate an acceleration of new green capacity as the government is pushing to accelerate its green transition and reduce dependence on Russian gas, experts told Montel.
read more... 28/04/2022
Electricity exchanges urge Spain, Portugal not to act alone on power prices
Power trading platforms are urging the Spanish government not to intervene alone in the system that sets the price of electricity, in its bid to bring down sky-high utility bills, according to a letter seen by Reuters.
read more... 27/04/2022
Portugal expects deal to disconnect power prices from gas prices 'very soon'
Portugal expects talks with Spain and Brussels on a temporary mechanism to decouple Iberian electricity prices from soaring natural gas will be concluded in a matter of weeks, Environment Minister Duarte Cordeiro said on Wednesday.
read more... 22/04/2022
Greece mulls intervention in power prices as energy crisis deepens
Greece is considering measures to curb soaring electricity prices and mitigate the impact on consumers if the European Union does not take action on the issue soon, Greek government spokesman Giannis Oikonomou said on Monday.
read more... 19/04/2022