Archive: Natural Gas EU Policy & Regulation
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Russia will not denounce IGAs on South Stream, Gazprom says
Gazprom has said it will not cancel intergovernmental agreements signed with transit countries for the planned South Stream pipeline, despite mounting pressure from the European Commission to do so.
UK aligns renewables policy with new EU state aid rules
The UK’s proposed support scheme for renewables appears to have been designed with the European Commission’s new guidelines for state aid in mind, but whether it will secure new investment and reduce the UK’s dependence on imported fossil fuels is uncertain.
MiFID 2 negotiations drag out over position limits
The European Council and Parliament have yet to agree on position limits in derivatives trading after negotiations this week came to a deadlock.
Backloading gets final nod from EU parliament
The European Council is expected to endorse the proposal to delay the auctioning of up to 900 million carbon allowances under the EU’s emissions trading system after it was formally backed by the European Parliament at a plenary session in Strasbourg this week.
EU adopts infrastructure directive for alternative fuels
The European Council has agreed on a legal framework that will require member states to invest in a minimum amount of infrastructure for alternative fuels – including LNG and natural gas filling stations for ships and vehicles.
Czech Republic considers ‘strike price’ for nuclear power
Czech utility CEZ is in discussions with the national government about introducing a compensation scheme for new nuclear power plants, similar to the model proposed in the UK under the Electricity Market Reform, a member of its board has told Interfax.
Ukraine’s geopolitical drift to the east raises concerns
Experts have criticised the strict political reforms demanded by the EU as a condition for signing the association agreement with Ukraine, saying there is a risk the collapsed negotiations could lead to Kiev withdrawing from the Energy Community Treaty.
EU Parliament remains undecided on 2030 climate targets
Members of the European Parliament failed to reach a common position on the 2030 framework for climate and energy policies this week.
Gazprom, EU go head to head on South Stream
Tensions between Gazprom and the European Commission regarding a regulatory framework for the planned South Stream pipeline came to a head this week when representatives from both sides met to debate the project at an event in the European Parliament.
Formal investigation into German renewables act by year-end
Joaquín Almunia, vice president of the European Commission and responsible for competition policy, confirmed this week the commission will formally open the investigation into an alleged breach of state aid rules under the German Renewable Energy Sources Act before the end of this year.
State aid debate intensifies as new guidelines are imminent
The debate on a new regime for the public financing of renewables and gas-fired power generation intensified between stakeholders and EU officials at an industry event in Brussels this week.
Legal concerns raised over South Stream
Russian bilateral agreements with Serbia and FYR Macedonia regarding the South Stream pipeline may be in breach of EU legislation, the legal counsel of the Energy Community has told Interfax.
Pöyry: shale gas boosts economy, reduces dependency
The development of shale gas could make Europe’s energy industry more competitive, reduce import dependence and create more jobs, according to a new study by management consultancy Pöyry and Cambridge Econometrics released this week.
Don’t regulate EU energy markets to death, industry warns
Delegates at an industry event in Berlin this week appealed to policymakers at EU and national level not to over-regulate energy markets to the detriment of liquidity and predictability for investors.
EU and China begin talks on binding investment agreement
Negotiations on a much-anticipated investment treaty between the EU and China began in Beijing this month, but the process to reach a legally binding agreement is likely to be long and complex – with market access a key obstacle.