Brussels is resetting the Green Deal’s course—centering the transition on power-market rules and grid build-out to keep prices stable, shield industry, and scale electrification. It dovetails with a new international strategy linking climate ambition to competitiveness and security, and hints at more steps beyond the 2024 market-design reform. Yet one question looms: in the race […]
Tag: Gas
With energy prices threatening Europe’s competitiveness and millions of citizens struggling with high costs, the European Commission’s Action Plan for Affordable Energy sets out an ambitious roadmap to reshape the market. From structural reforms to decouple gas from electricity prices to fast-tracking renewables and expanding grid interconnections, the strategy seeks to balance affordability, security, and […]
As Europe navigates the challenging waters of the energy transition, facing technical hurdles and escalating costs, the EU is now asking significant investments in hydrogen, including its integration into the existing or expanded gas grid. Meanwhile, the European electric vehicle market begins to falter, potentially facing challenges from declining sales in China and the subsequent […]
Brussels, 20 December 2022 Gas price cap at €180/MWh. EU energy ministers reached a political agreement on a Council Regulation that sets a market correction mechanism to protect citizens and the economy against excessively high prices. The Regulation aims to limit episodes of excessive gas prices in the EU that do not reflect world […]
Brussels, 19 October 2022 The Commission has proposed a new emergency regulation to address high gas prices in the EU and ensure security of supply this winter. This will be done through joint gas purchasing, price limiting mechanisms on the TTF gas exchange, new measures on transparent infrastructure use and solidarity between Member States, and […]
Today the 27 Heads of State and Government met in Brussels and decided nothing to solve the european energy crisis. They had a very long discussion and once again asked Ursula von der Leyen, President of the Commission, to invent something more, given that what has been proposed so far does not satisfy. So all […]
European energy ministers’ meeting today in Brussels was not able to agree on European measures to limit the energy cost. Many countries have already done this with national measures. European citizens pay 3 or 4 times more gas and electricity and some countries have already taken their own countermeasures: by setting a national price cap […]
Gas and electricity prices have reached record levels in 2022 and hit all-time highs. Families and companies in EU are paying an extra cost for energy. After its defeat at the last EU Energy Council to limit the bills, the Commission proposed three new measures last 12 September. One to cut electricity consumption, another […]
Ministers agreed that the energy issue is urgent, but they decided nothing. Gathered in Brussels for an extraordinary meeting, the 27 energy ministers said no to the 5 recipes of the president of the EU Commission, Ursula von der Leyen, to deal with extraordinary measures on energy. All decisions will be sent as new proposals to […]
On 9 September 2022, a new meeting of the Council of Energy Ministers of the EU Council. On the table 3 discussions and possibly decisions: “gas cap”, “state of alert” and “tax on unexpected extra profits on energy”. Member States are divided on these three von der Leyen’s proposals. Gas cap means two things: setting […]