Germany plans power tax cut, more subsidies to prop up industry amid rising prices
The set of relief measures, which will mainly help power-intensive producers, is estimated to be worth EUR 12 billion in 2024 alone
Eurelectric: Investments urgently needed to triple electrification rates by 2050
The peak of the energy crisis may be over but the challenges to Europe’s decarbonization and security of supply aren't, according to the Power Barometer
North Macedonia threatens to sue EU, Bulgaria over transit tax for Russian gas
The country is prepared to sue the EU and Bulgaria if it doesn’t get the possibility to avoid the costs of Bulgaria’s tax on Russian gas
EU: Up to Bulgaria to decide how to use income from gas transit tax
Bulgaria can decide on its own what to do with income from the transit tax for Russian gas, the European Commission said
EU energy ministers achieve breakthrough in electricity market design reform
The Council of the EU adopted its so-called general approach to the electricity market design reform, breaking the Franco-German deadlock
Hungary, Serbia say Bulgaria’s tax on Russian gas transit is aimed against their countries
Introducing the measure at the start of the heating season, when gas consumption is higher, could revive the energy crisis in Southeastern Europe
BiH’s power utility posts EUR 26 million 2023 year-to-date loss
Disruptions in the electricity market, a drop in sales on the open market, and a lower-than-estimated income from trade pushed EPBiH into the red.
Várhelyi: EU ready to build LNG terminal in Montenegro
Enlargement Commissioner Olivér Várhelyi has said the EU is ready to build an LNG terminal in Bar in partnership with Montenegro
