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Energy Economy
EU Countries Eye Delay to Levy on Fossil Fuel Windfall Profits - Document
European Union countries are considering an option to delay by a year a levy on the windfall profits of fossil fuel companies, as they hunt for a deal on emerge
Oil & Gas
Group of Countries to Push EU for Gas Price Cap
A group of European Union countries want to push Brussels to produce plans this week for a bloc-wide cap on the price of gas, according to a draft letter seen b
Oil & Gas
APPEC EU Sanctions, Price Cap on Russian Oil to Raise Shipping Hurdles
Oil markets are bracing for the biggest shift in global trade flows ever as nearly 3 million barrels per day of Russian crude oil
Hydrogen
EU Approves up to $5.2 Billion in Public Funding for Hydrogen Projects
Hydrogen has a diverse range of applications and can be deployed in a wide range of industries.
Energy Economy
EU Gives Green Light for $5.2 Bln in State Aid for Hydrogen Development
The European Commission on Wednesday said it has approved 5.2 billion euros in public funding by 13 EU member states aimed at boosting the supply of renewable a
Oil & Gas
Hungary Warns Against Further EU Sanctions on Russia
Hungary’s Foreign Minister Peter Szijjarto is warning that further EU sanctions on Russia would only hurt the bloc’s members.
Policy & Regulation
European Commission – Demand Reduction and Taxes to Tackle Energy Costs
The European Commission has tabled an ‘emergency intervention’ to tackle the spiralling energy prices in the face of the Russia-Ukraine conflict.
Policy & Regulation
Emergency Measures on Electricity Market: Avoid a Patchwork That Undermines Renewables Investments
The European Commission has proposed new rules that would cap the price of wind energy and other so-called inframarginal power generation at €180/MWh.
Policy & Regulation
EU Parliament Backs Higher Targets on Renewables and Energy Savings
European Union lawmakers voted on Wednesday to raise the bloc's targets to expand renewable power and save energy, backing proposals that had been made more amb
Energy Storage
EU Approves €20 Million State Aid to Energy Storage Company in Croatia
The European Commission has approved €19.8 million (US$20.1 million) in state aid from the government of Croatia to energy storage operator IE-Energy for a ser
Policy & Regulation
EU to Propose Crisis Measures to Curb Energy Price Spike
The European Union is set to unveil plans on Wednesday to skim off windfall profits from energy companies and impose cuts in electricity usage across the bloc.
Energy Storage
EU Approves State Aid to Greece for 900 MW in Energy Storage
The European Commission has approved, under EU state aid rules, Greece’s support package of EUR 341 million for the construction and operation of storage facil
Policy & Regulation
European Parliament to Vote on Scrapping Green Hydrogen ‘Additionality’ Requirements
Hydrogen Europe presses MEPs to relax toughest regulations on green hydrogen production so European developers can compete with the US
Solar
Solar Energy – Harnessing the Power of the Sun
Solar power is a cheap, clean, modular and flexible energy source. It is currently one of the cheapest renewable energies on the market and the most accessible
Energy Economy
EU Approves €1.5BN Romanian Scheme to Compensate Energy-Intensive Firms
It will cover part of the higher electricity prices arising from the impact of carbon prices on power generation costs, i.e. indirect emission costs, incurred b
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Most views from EU
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Optimism About An Iran Nuclear Deal Is Waning
2
Iran Nuclear Deal Talks to Resume on 27 December: EU
3
Russia-Ukraine Crisis: Reforming the EU ETS Is a Matter of Energy Security, Says PGE
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Europe’s Climate and Energy Strategy Has Become Disturbingly Bipolar
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Risk of Delay to Carbon Market Reforms After Surprise EU Vote
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Nord Stream 2 Cost $11 Billion to Build. Now, the Russia-Europe Gas Pipeline Is Unused and Abandoned