european commission Ursula von der Leyen gas consumption

EU asks member states to cut gas consumption by 15% by March

20 July 2022 - It has also proposed a legislation which would allow the commission to introduce a binding target for gas reduction

Timmermans: EU risks conflict, strife due to energy crisis

14 July 2022 - The EU's top official Frans Timmermans claims a short-term return to fossil fuels is needed to prevent the risk of civil unrest

Natural gas, nuclear energy remains part of EU taxonomy - NGOs to file lawsuit

Natural gas, nuclear energy remain part of EU taxonomy – NGOs to file lawsuit

06 July 2022 - The European Parliament rejected the motion to exclude investments in natural gas and nuclear energy from the sustainable finance taxonomy

portugal spain gas pries capelectricity mechanism measure

Portugal, Spain cap gas prices for power producers to bring down wholesale prices

14 June 2022 - The payments to utilities will be calculated based on the price difference between the market price of natural gas and the gas price cap

EU-sets-out-plan-to-speed-up-green-transition

EU sets out REPowerEU plan to speed up green energy transition

18 May 2022 - The REPowerEU plan calls for investing an additional EUR 210 billion by 2027 and increasing the share of renewables fto 45% by 2030

Energy Purchase Platform regional taskforce sofia

SEE countries set up regional taskforce to jointly diversify gas supplies, strengthen energy security

05 May 2022 - Representatives of Azerbaijan, Bulgaria, Greece, North Macedonia, Romania, Serbia, Ukraine, and Turkey also discussed decarbonization and the green transition

eurelectric Unsuitable measures to limit electricity prices would hinder investments in renewables

Eurelectric: unsuitable measures to tame electricity prices would hinder investments in renewables

04 May 2022 - Eurelectric has published its response to the European Commission's options for immediate price mitigation measures

brussels-eu-shift-russian-fossil-fuels-renewables

EU mulls higher renewables target for 2030 to speed up shift from Russian fossil fuels

21 April 2022 - Last year the European Commission proposed lifting the existing 32% target for renewables in the overall energy mix to 40%, and is now considering raising it to 45%.

battery-energy-storage-solutions

EU urged to back energy storage development alongside renewables, hydrogen

19 April 2022 - The EU is urged to back energy storage so as to ensure energy security and independence of Russian fossil fuels, and achieve a net-zero power system.

EU to allow Western Balkans to take part in joint gas purchases

EU to allow Western Balkans to take part in joint gas purchases

29 March 2022 - Western Balkan countries will be able to join the European Union's platform for voluntary joint purchasing of gas and hydrogen.

Bulgarian state-owned firm to develop battery energy storage network

Bulgarian state-owned firm to develop battery energy storage network

15 March 2022 - The Restore project in Bulgaria for battery energy storage will have a capacity of 6 GWh, and it will balance electricity from renewables

repowereu plan to cut dependence on Russian gas price

Price of EU’s plan to cut dependence on Russian gas

09 March 2022 - In the light of the energy transition, it could be a great push for renewables, but also a step back due to the expected increase in the use of coal power plants

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