The high energy prices in the EU are now being felt all the way to the other side of the world. Gas is currently so much more expensive in Europe than in Asia that tankers carrying liquid gas are even being diverted from Australia to Europe, says analyst Natasha Fielding from the price reporting agency […]
The EU Commission wants to deliver when it comes to cutting red tape. Following the announcement by Climate Commissioner Wopke Hoekstra to exempt the majority of companies from CBAM, German SMEs are satisfied. A spokeswoman for the DIHK said on Friday that the effort involved in CBAM was far too great for many small imports.In […]
The EU Commission’s Joint Research Center (JRC) has issued a rather positive interim report on the Green Deal. The report “Delivering the EU Green Deal” published this week examines how far the EU has come so far in achieving the goals formulated in the Green Deal. To do this, the JRC researchers first identified 154 […]
For its action plan on affordable energy prices, the Commission is aiming for improved supervision of the gas market. Stronger supervision and more competition for gas is one of the options that the Commission is currently discussing for the action plan, Energy Commissioner Dan Jørgensen told the Financial Times at a conference on Wednesday. The […]
The industry association Eurelectric is alarmed by the Strategic Compass on Economic Policy, which the EU Commission intends to present today. “The Compass reaffirms the key role of electrification as a means to energy independence. However, it fails to include an action plan for electrification in the list of initiatives planned for this year,” the […]
According to the Federal Ministry of Economics, favorable conditions for energy production should not determine the location of industrial companies. “Companies should compete on their products and not on energy prices,” said State Secretary Philipp Nimmermann at the Franco-German Energy Forum on Wednesday. “We need European instruments that make it possible to keep energy-intensive industries […]
According to an analysis by the Danish energy group Ørsted, Europe could have offshore wind farms with an additional capacity of 70 gigawatts (GW) by 2050 if planned and operated across borders. This is what Duncan Clark, Head of Region Europe Development, said on Tuesday at the Handelsblatt Energy Summit in Berlin. For comparison, in […]
The transmission system operators’ report on the possible reconfiguration of the European electricity bidding zones cannot be published as planned on Jan. 27. The Bidding Zone Review Report will now be published at the end of the first quarter, a person familiar with the matter told Table.Briefings on Tuesday. The publication of the report marks […]
Last Friday, German Chancellor Olaf Scholz spoke on the phone with Slovakian Prime Minister Robert Fico and discussed the gas supply. Fico made the announcement on Facebook. A government spokesperson in Berlin confirmed the phone call, but did not want to give any precise details about the content. “As far as the fundamental issue of […]
The Commission wants to enable faster approval of infrastructure for heat, hydrogen, and carbon dioxide. To this end, regulations from the Renewable Energy Directive and an emergency regulation for renewable energies and power lines are to be extended to these areas. At least that is what it says in Commission documents for a meeting with […]