Like most EU countries, Germany missed its crisis target for electricity savings last winter. This is the result of a publication by the environmental organization Ember, which appeared today. In response to the increased prices for gas and electricity, EU countries decided last October to voluntarily reduce electricity consumption by ten percent from November 2022 […]
The Commission’s draft for a new electricity market design is unsuitable to lower electricity prices in the EU, experts say. “We could be heading for a very expensive system and a very complex one”, Georg Zachmann of the think tank Bruegel said Monday at a hearing in Parliament’s industry committee.The reason, he said, is the […]
“Stable and affordable prices” – with this prospect, EU Energy Commissioner Kadri Simson is promoting a new European electricity market design and, in particular, long-term power purchase agreements. The question now, she says, is how Power Purchase Agreements (PPAs) can reach the breadth of companies.Medium-sized companies with high energy consumption rarely have the financial means […]
Separate remuneration for flexible power plants may yet become part of the European electricity market reform. “We also want to introduce capacity mechanisms that are not sufficiently included in the Commission’s proposal and that ensure remuneration for technologies that help with flexibility and storage”, said the responsible rapporteur of the EU Parliament, Nicolás González Casares […]
The Association of European Transmission System Operators (ENTSOG) published the draft of the ten-year network development plan (TYNDP) 2022 on Tuesday. Included in the new version are plans for a European hydrogen network. “The Hydrogen and Natural Gas TYNDP 2022 is the first of its kind to assess the benefits of relevant projects for decarbonized […]
Spanish Socialist Nicolás González Casares will be the EU Parliament’s rapporteur for electricity market reform. This was announced by the S&D group on Tuesday. Casares will thus be responsible for amending the Directive and Regulation on the internal electricity market, as well as the ACER Regulation and the Renewable Energy Directive (RED). A draft report […]
FDP politician and Vice President of the EU Parliament Nicola Beer is to become Vice President of the European Investment Bank (EIB). This proposal was made by German Finance Minister Christian Lindner (FDP) to Chancellor Olaf Scholz (SPD) shortly before Easter, the FAZ reported over the weekend. Beers’ nomination for one of the eight vice […]
The EU Commission wants to protect its officials more strongly against lobbying and has therefore restricted the information in its staff directory “Whoiswho“. “The European Commission has recently followed the long-standing practice of the European Parliament and the General Secretariat of the Council to limit the publication of names and contact details in the EU […]
Emmanuel Macron’s interview on the Taiwan conflict caused a considerable stir over the weekend. With his stance on China and the United States, Macron is dividing Europe and leading the continent into geopolitical isolation, outraged CDU foreign policy expert Norbert Röttgen on Twitter. Macron is also acting against the spirit of Ursula von der Leyen’s […]
Extreme weather events will become more frequent due to climate change. In the future, operators will have to be more transparent about the resulting risks to the security of the European power grid. This is what the European regulatory agency ACER in Ljubljana urged the association of transmission system operators ENTSOE to do yesterday. On […]