The EU Commission intends to present legislative proposals for the phase-out of Russian energy imports in June. Gas companies are to disclose the duration and delivery volumes of contracts with Russian suppliers, the EU states are to draw up national phase-out plans for gas and oil imports by the end of the year, and the […]
According to a media report, the Commission wants to ban new supply contracts for Russian gas by the end of the year. This should also apply to purchases on the short-term spot market, which still account for a third of gas imports from Russia, the Bloomberg news agency reported on Monday. The announcement is part […]
The European Commission wants to tap into natural deposits of geologically stored hydrogen. Commission Vice-President Stéphane Séjourné therefore wants to map underground reserves of so-called white hydrogen in the European Union and develop legislation for sustainable production. This was revealed in a publication on the EU tender portal on Monday. The reasons are the European […]
The Federal Ministry of Economic Affairs has spoken out against the recommendation of the European transmission system operators to divide the German electricity price zone into five bidding zones. “Our position is clear – we are sticking to the single German-Luxembourgish electricity bidding zone,” a spokesperson announced on Monday. The BMWK shares the assessment of […]
The Federal Ministry for Economic Affairs and Energy (BMWK) has spoken out against the recommendation of the European transmission system operators to divide the German electricity price zone into five bidding zones. “Our position is clear – we are sticking to the single German-Luxembourgish electricity bidding zone,” a spokesperson announced on Monday. The BMWK shares […]
The continued dependence on Russian gas is “unacceptable for political, security and moral reasons,” said EU Energy Commissioner Dan Jørgensen in an interview with Table.Briefings during the IEA conference on energy security last Wednesday. Europe had reduced its dependency from 45 percent before the attack on Ukraine to 13 percent. But Russia can “continue to […]
EU Commission President Ursula von der Leyen has warned of the impact of tariffs on energy security at a conference of the International Energy Agency (IEA). “We are experiencing a new paradigm for energy security,” said von der Leyen in London on Thursday. “In Europe, we have seen first-hand how Russia has deliberately used energy […]
April 28 is likely to be a fateful day for electricity consumers, especially in the energy-intensive industry. On this day, the European transmission system operators (TSOs) want to publish their proposal to maintain or change the bidding zone configuration.Rumors have been circulating for months that the TSOs may propose dividing Germany into two price zones. […]
The Commission launched a consultation on the Industrial Decarbonization Accelerator Act on Wednesday. Initially, it is about comments on a planned impact assessment. In it, however, the Commission also reveals details on the content of the actual regulation, which is due to be presented in the fourth quarter. It will focus on energy-intensive sectors: Chemicals, […]
The EU Commission intends to present the roadmap for phasing out Russian fossil fuels on May 6. This was stated in an updated project plan on Monday. The REPowerEU roadmap was originally scheduled for March 26. The Commission wants to phase out gas, oil and coal from Russia by 2027. In Germany, on the other […]