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Earth News

Ministers give green light to new electricity market rules

EU governments have waved through new electricity market rules intended to limit price spikes, protect vulnerable consumers and businesses, and accelerate the deployment of ever more zero-emissions power capacity.

Earth News

European Parliament approves energy market overhaul

MEPs have approved a sweeping reform of EU gas and electricity market regulations, with the aim of accelerating the clean energy transition, and including provisions that could further restrict Russia's ability to continue selling natural gas to Europe.

Ukraine

Kyiv endures third Russian bombardment in five days

Ukrainian city of Kyiv was hit by missiles for the third time in five days by Russian armed forces, with President Zelenskyy asking for more air defences.

Business

What's in store for Europe's nuclear energy sites?

As France holds on to its title as Europe's top nuclear energy producer, Germany has finally called time on its nuclear energy plans. Meanwhile, countries with smaller capacities have ramped up production.

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Earth News

Coal gets free pass under electricity market reform

Poland, backed by France and Bulgaria, won its lobbying campaign for a coal exemption.

Economy

Germany unveils costly new plan to cut electricity prices

The scheme is set to run for around five years and will likely cost up to €12 billion in its first year.

Europe News

EU energy ministers strike deal on electricity market reform

EU energy ministers reached a long-awaited agreement on Tuesday on the so-called electricity market reform, aimed at protecting consumers from volatile prices and speeding up the deployment of renewables.

Earth News

Upgrade electricity grids or miss 2030 green goals, industry warns EU

Electric cars and heat pumps require ‘loads’ new capacity. So why are Europe’s grids lagging behind, and who will foot the bill?

Europe News

Baltic countries reach deal to cut off from Russian power grid quicker

Estonia, Latvia and Lithuania have agreed to speed up their integration into the European Union's electricity system in order to desynchronize from the Russian power grid.

World News

Euroviews. Are electric cars still cheaper to run than petrol and diesel?

The short answer is yes. But there are big differences from one country to the next, Fabian Sperka writes.

Europe News

EU electricity demand set to drop to lowest level in 20 years - IEA

Electricity demand in the European Union is set to fall by 3% in 2023 to its lowest level in twenty years, according to new estimates by the International Energy Agency (IEA).

Earth News

Why selling solar power from EU homes is about to get easier

An electricity market redesign is under way, aimed at shielding consumers from price spikes and boosting the rollout of renewables.

This will impact your life

Electricity market reform: What exactly is a contract for difference?

The reform proposed by the European Commission has a strong focus on long-term electricity contracts.

Europe News

Brussels bets on long-term contracts to reform EU electricity market

The proposed reform is a direct response to the energy crisis, which last year pushed electricity bills to record highs.

Sweden

Urgent investment in renewables needed, say EU energy ministers

Ministers from the EU27 began a two-day visit to Stockholm on Monday for a two-day event to discuss the future of energy and transport.

Europe News

EU countries split on upcoming electricity market reform

Denmark, Estonia, Finland, Germany, Latvia, Luxembourg, and the Netherlands called on Monday for "targeted adjustments". Spain, however, is backing a "fundamental reform".

United Kingdom

UK energy company BP's profits double in 2022

British energy supermajor BP has reported record annual earnings, fueling demands that the UK boost taxes on companies benefiting from the surge in energy prices.

Culture news

Europe's energy crisis is now hurting France's national treasure

The French government has announced emergency measures to save traditional bakeries from closing due to high costs.

France

Zelenskyy asks G7 for gas and weapons as allies meet to provide aid

Dozens of countries and institutions meet in France on Tuesday to consider urgent help for Ukraine to maintain water, food, energy, health and transport through the winter.

World News

People mark Christmas season with nativity scenes and lights

From Christmas trees at the Vatican to nativity scenes in Bethlehem, holidaymakers are starting to celebrate the Christmas season.