Tag: Electricity market
EU Parliament passes far-reaching reform of the electricity market
Brussels The European Parliament wants to lower electricity prices for households and companies in the long term and keep them stable. The Industry Committee agreed on a new electricity market…
Brussels rejects federal government plans for new gas-fired power plants
Berlin At Industry Day, Chancellor Olaf Scholz was optimistic: “Only the approval of the EU Commission is still missing” for the construction of new gas-fired power plants, he said about…
Federal government underestimates the need for gas-fired power plants
Berlin An additional 25 gigawatts (GW) of capacity in gas-fired power plants: Federal Economics Minister Robert Habeck (Greens) expects this to be the case by 2030. According to this, 50…
These are possible effects and consequences
Brussels The EU Commission wants to protect citizens and companies from high and strongly fluctuating electricity prices. To this end, she wants to introduce more long-term contracts in the electricity…
EU Commission starts reform of the electricity market – and angers the eco-industry
Brussels, Berlin In the future, electricity customers should no longer be exposed to such high price increases as they were last year. There should also be more incentives to expand…
Desperate search for guaranteed power plant output
Working on a gas turbine at Siemens Energy New gas-fired power plants are urgently needed, but there is no incentive to invest. (Photo: Weisflog) Berlin A broad alliance of different…
Europe can no longer afford to be taboo
The good news first: last week, the EU agreed on the outline of a new energy market with astonishing noise. A system that was created over decades is to be…
EU ministers want to cap them, but not anger Russia
Brussels The European energy ministers are not yet satisfied with the EU Commission’s proposals for an emergency plan. Furthermore, some of the ministers are pushing for a gas price cap,…
This is how EU officials plan to intervene in the energy market
Wind turbines in the Palatinate Wind power could yield less profit in the future. (Photo: dpa) Brussels The officials of the EU Commission have put together initial ideas on how…
Will the current electricity prices remain so expensive?
electricity price development Electricity prices are rising to levels that were unthinkable last year. (Photo: dpa) Brussels, Berlin, Dusseldorf The situation is extreme: Anyone who wants to buy electricity for…
Why is electricity getting expensive? questions and answers
power poles Electricity prices are rising to levels that were unthinkable last year. (Photo: dpa) Brussels, Berlin, Dusseldorf The situation is extreme: Anyone who wants to buy electricity for the…
Power grids: Cross-border lines connect countries
substation The transmission of electricity across national borders is gaining in importance worldwide. (Photo: imago images/UJ Alexander) Power markets around the world are growing together as power lines connect countries.…
This is how the EU could make electricity cheaper after the summit
Brussels The EU sat out the problem for a long time, but now, after a long dispute, it is showing some movement. She wants to tackle the problem of high…
Ampel wants to protect customers from dubious providers
three-phase meter The traffic light aims to better protect consumers against price fluctuations. (Photo: dpa) Berlin Insurance is designed to protect electricity and gas customers if their energy provider goes…
Octopus Energy mixes up the German energy market
Dusseldorf It is an action that Octopus Energy’s British customers should remember: on a Sunday in May, the energy provider sent them a push message on their smartphone to use…
Octopus Energy mixes up the German energy market
Dusseldorf It is an action that Octopus Energy’s British customers should remember: on a Sunday in May, the energy provider sent them a push message on their smartphone to use…
Octopus Energy mixes up the German energy market
Dusseldorf It is an action that Octopus Energy’s British customers should remember: on a Sunday in May, the energy provider sent them a push message on their smartphone to use…
Eon doubles profit and confirms forecast
Leonhard Birnbaum Eon CEO Leonhard Birnbaum wants to work with partners to build an infrastructure to supply municipal, medium-sized and industrial companies with green hydrogen and green ammonia. (Photo: dpa)…
Gas price: EU countries argue over energy markets
High voltage line The power lines between the EU countries are not yet sufficiently developed. (Photo: dpa) Brussels France and Spain are putting the EU Commission under pressure to reform…