EU to cap revenue for electricity producers at EUR 180 per MWh
Ursula von der Leyen presented measures to bring down power prices including and decouple the dominant influence of gas in the sector
Bulgaria reviewing gas transit contracts with Gazprom after delivery suspension
Bulgarian Prime Minister Kiril Petkov said Gazprom's move is blackmail and that the government is reviewing all agreements, including the ones on transit
EU mulls higher renewables target for 2030 to speed up shift from Russian fossil fuels
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%.
EU rolls out plan to cut demand for Russian gas by two thirds in 2022
The European Commission outlined a plan to make Europe independent from Russian fossil fuels well before 2030, starting with gas
EU kicks off EUSEW: sustainable energy is key to overcome energy crisis
Renewables insure the EU against rising energy prices and cut its dependency on fossil fuel imports, Von der Leyen said at the opening of EUSEW
Serbia eyes minority stake in Hungarian nuclear power plant Paks II
Serbia is willing to become a minority shareholder of the nuclear power plant in the Hungarian city of Paks, the Serbian president has said.
EU expects Western Balkan countries to offer quality projects for financing under EUR 9 billion plan
The EU hopes the overall package that goes into Green Deal projects, digitalization, and resilience in the Western Balkans could reach nearly EUR 30 billion.
Von der Leyen targets 55% greenhouse gas emissions cut in EU by 2030
European Commission President Ursula von der Leyen officially lifted the European Union’s 2030 emissions reduction target to 55%. Earlier, the relevant committee in the European Parliament demanded 60%. The EU is preparing an economic recovery package for the Western Balkans. Europe will become a climate-neutral continent by 2050, European Commission President Ursula von der Leyen […]