EU presents proposals for electricity market design reform
The revision to the electricity market design is aimed at switching away from short-term markets, boosting electrification and renewables and protecting consumers
EU calls member states to start phasing out energy subsidies for citizens, firms
The European Commission reiterated that the best solution to the energy crisis is to reduce dependence on imported fossil fuels
Germany preparing scheme to lower electricity prices for firms
Germany wants to reduce tariffs for businesses to make them competitive with the US and China, which have lower electricity prices
IEA: Global CO2 emissions rose less than initially feared in 2022
The expansion of renewable sources prevented CO2 emissions from increasing significantly in 2022, but they did reach their historical maximum
North Macedonia scraps power subsidies for bakeries, food producers
The government has decided to abolish power subsidies for producers of bread and other staple foods, citing their failure to reduce prices.
New Cypriot government’s first priority is to reduce electricity costs
The primary concern is to reduce electricity costs, the new Cypriot Minister of Energy, Commerce and Industry George Papanastasiou said
Belgrade Energy Forum 2023 – where the leaders of energy transition in SEE meet
Belgrade Energy Forum 2023 will gather 400 energy transition leaders. The two-day conference has drawn great interest, so hurry and secure your spot.
EU carbon prices surpass EUR 100 per ton for first time
A forecasted cold spell and weak winds helped the benchmark emissions prices in the European Union hit an intraday record