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Europe
EU
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…
Natural 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…
Natural Gas
Gazprom Says It Sees Gas Shipments to Europe via Ukraine Stable on Monday
Russia's Gazprom said on Monday that it will ship 42.4 million cubic metres of gas to Europe via Ukraine toda.
Hydrogen Project
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…
Natural Gas
Shorter Showers, Slower Driving and an Eiffel Tower Blackout: How Europe Plans to Cut Gas Usage This Winter
From cutting down on showering time to 5 minutes, fining shopkeepers for not closing their doors and driving slower, Europe is embarking on a goal to reduce gas…
Electric Vehicle Battery
Fortum Launches Li-Ion Recycling Hub in Germany
Fortum has launched Fortum Batterie Recycling GmbH in Germany to provide safe and sustainable electric vehicle (EV) battery recycling in central Europe.
Energy Storage Battery
EC Announces €19.8MN for Croatian Grid Balancing Batteries
The European Commission has approved, under EU State aid rules, a €19.8 million Croatian aid measure aiming to help with the procurement and installation of gr…
EU
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.
Offshore Wind Power
North Seas Energy Cooperation Commits to 260GW Offshore Wind by 2050
North Seas Energy Cooperation country energy ministers have committed to reaching over 85% of the European Union’s 2050 offshore wind capacity ambition.
EU
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.
Energy Saving
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 Saving
Energy Efficiency Needs Priority in Hungary’s Energy Policy – IEA
The IEA has released its annual review of Hungary’s energy policy, stating that energy efficiency needs to be central in the coming years for the European coun…
Energy Storage Project
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…
Natural Gas
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 Battery
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…
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