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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
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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
UK focuses on new nuclear, offshore wind, clean hydrogen to boost energy security
The UK government wants 25% of electricity demand in 2050 to be met by up to 24 GW of nuclear generation capacity, up from 9 GW currently, it said in an Energy Security Strategy announcement late April 6.
read more... 08/04/2022
Germany unveils major electricity sector revamp
The German government presented on Wednesday (6 April) a comprehensive revamp of the country’s electricity sector, outlining new frameworks for renewables, power grids and markets in order to set the country on track to reach climate neutrality.
read more... 07/04/2022