Goal is to avoid panic buying while ensuring that EU countries' gas storage is replenished by next winter. The European Commission also told member states to...
Taxes on electricity can be four times higher than those on fossil fuels.
Commission resists overhaul of carbon pricing while pushing for tax cuts on energy despite calls from member states to suspend rules as oil prices soar.
Gulf oil money is flowing into African renewables – and the Iran war is only accelerating the trend.
EU leaders have asked the European Commission to review electricity prices and the EU Emissions Trading System to curb price volatility while preserving climate incentives.
EU leaders are considering reviewing taxes, electricity network charges and carbon costs tied to energy prices as a quick fix for struggling industries as attacks on...
Energy ministers from Denmark, Finland, Latvia, Luxembourg, the Netherlands and Portugal are concerned that the EU executive might change market rules, claiming the decision would undermine...
Wind power could soon come from the sky as China has successfully tested a megawatt-class airborne turbine that generates electricity while hovering 2000 metres up.
Total use from renewable sources across the EU has nearly reached 50%, driven by hydro and, increasingly, by solar.
The Commission said it will work to broker a political compromise among member states to accelerate the development of electricity interconnections as part of the "Grids...