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Bulgaria seeks EU nod to halve energy tax to 10% until April

Bulgaria will seek EU approval to halve value-added tax on electricity and gas to 10% in the first four months of 2022 to offset a surge in energy costs for businesses and households, officials said.

read more... 10/12/2021

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Nine EU states oppose energy market overhaul in response to high prices

Germany, Denmark and seven other EU countries have opposed overhauling the bloc's electricity market in response to high energy prices, a move they said could increase the cost of adding renewable energy to the system in the long run, ahead of a meeting of EU ministers on Thursday.

read more... 03/12/2021

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Renewable electric growth on course to accelerate significantly

The International Energy Agency (IEA) has reported that the growth of renewable electricity derived from solar panels, wind turbines, and other renewable technologies is on course to accelerate over the coming years.

read more... 02/12/2021

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Spain and Portugal register highest electricity price in Europe

Electricity in Spain has surpassed 200 euros / MWh for thirteen consecutive days

read more... 01/12/2021

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UK's National Grid ESO to review 'very high-cost' balancing mechanism

The UK's National Grid Electricity System Operator is to review the balancing mechanism after observing excessive costs in recent times, the ESO said in a brief statement Nov. 26.

read more... 29/11/2021

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