The LNG terminal on Revithoussa Island, Greece. (EC) EU Energy Policy

Gas market upswing good news for Greek hub plans

Strong investor interest in its grid operator and rising demand are favourable signs for Greece's ambition of becoming a regional gas hub.

By Annemarie Botzki 16 August 2017
EU Energy Policy

Poles warn on energy tax reform

European Union member states are still hopelessly divided on key elements of the EU’s energy taxation directive, including minimum rates and the concept of using CO2 emissions and energy content as the basis for taxation levels, a note circulated this week by the Polish EU presidency reveals.

14 November 2011
EU Energy Policy

EU states fail to implement Third Package into national law

Eighteen EU member states – including the UK, the Netherlands and Spain – have so far failed to notify the European Commission that they have fully transposed the directives in the legally binding Third Energy Package into national law, the EC press office confirmed to Interfax on Thursday.

10 November 2011
EU Energy Policy

EC backs down on tightening ETS cap

European Union Commissioner for Climate Issues Connie Hedegaard has downplayed the likelihood of tightening the cap on the bloc’s Emissions Trading System (ETS) or increasing the EU’s emissions reduction targets in the foreseeable future.

10 November 2011
EU Energy Policy

TSOs team up with NGOs for public acceptance

Some of Europe’s biggest electricity grid operators (TSOs) and leading environmental organisations are calling for new EU-wide renewable energy targets for 2030 and 2050.

10 November 2011
EU Energy Policy

European Parliament earmarks money for shale gas, wind and solar

The European Parliament voted last week to allocate €200,000 ($274,180) to fund shale gas pilot projects. The extra money was part of a series of amendments to the European Council’s draft 2012 budget.

7 November 2011
EU Energy Policy

ENTSOG to begin work on network codes

The European Network of Transmission System Operators for Gas (ENTSOG) expects to receive the green light from the European Commission this week to start working out EU-wide network codes for gas balancing, the organisation told a workshop in Brussels last week.

3 November 2011
EU Energy Policy

EC to push through transparency rules on IGAs by 2012

The European Commission aims to have put into force new rules that increase transparency on energy-related, intergovernmental agreements (IGA) between member states and third countries by the first half of next year.

3 November 2011
EU Energy Policy

Commission to weigh in the European CRM debate

The European Commission will act next year to prevent any setback to the creation of the EU internal energy market caused by the diverging capacity remuneration mechanisms (CRMs) that some member states are planning to introduce in their electricity markets, a senior Commission official said Monday.

31 October 2011
EU Energy Policy

EC expected to impose new rules on offshore oil and gas drilling

The European Commission is expected to propose on 27 October new rules to establish minimum standards for the authorisation and oversight of offshore oil and gas activities across the EU.

27 October 2011
EU Energy Policy

EDF may be forced to return $1.7bn to state

French state-owned energy company Electricite de France (EDF) may be obliged to pay back €1.2 billion ($1.7 billion) of state aid it received in 1997 from the French government following an opinion issued last week by a key adviser to the EU’s highest court.

24 October 2011
EU Energy Policy

CEE countries back Poland’s shale gas aspirations

Hungary and Slovakia have both expressed their support to Poland’s plans to utilise the country’s substantial shale gas reserves, stating that it could become a significant source of gas in the medium term for Central European countries which are heavily dependent on Russian gas imports.

17 October 2011
EU Energy Policy

Commission explores new ways of project financing via CEF regulation

In a bid to offer an alternative to traditional grant funding, the European Commission will propose on 19 October to use more innovative financial instruments, such as loan guarantees and European project bonds, via the new infrastructure fund which it proposes to set up under the bloc’s next long-term budget.

13 October 2011
EU Energy Policy

CEE countries oppose new infrastructure fund

A group of central European countries on Tuesday expressed concerns to the European Commission about plans to concentrate money envisaged for key European infrastructure developments in a new fund - the Connecting Europe Facility (CEF) - as part of reforms to the bloc’s spending programme after 2013.

13 October 2011
EU Energy Policy

Wholesale energy market rules formally adopted

EU environment ministers on Monday formally adopted new EU wholesale gas and power trading rules intended to prevent market abuse and increase transparency, the EU Council announced in a statement.

13 October 2011
EU Energy Policy

EC to question Statoil’s pricing strategy

The European Commission will question Statoil’s “value over volume” gas pricing strategy as it may not be compatible with a new set of rules to prevent market abuse, an official told Interfax on Monday.

11 October 2011
EU Energy Policy

Binding national energy-saving targets back on the table

The European Union’s proposed Energy Efficiency Directive should set binding national energy saving targets in order to fulfil the Union’s goal of a 20% reduction in carbon emissions by 2020, according to Claude Turmes, the Member of the European Parliament (MEP) leading the debate on the draft directive which was tabled in June.

10 October 2011
EU Energy Policy

EU funding under new cohesion policy to be more conditional from 2013

The possibility that the EU would suspend cohesion policy payments if a state presents a macroeconomic imbalance or excessive deficit will be a “measure of last resort,” said EU Regional Policy Commissioner Johannes Hahn on Thursday.

10 October 2011
EU Energy Policy

EIB to finance innovative interconnector project

The European Investment Bank (EIB) decided on 6 October to provide a €350 million ($474 million) loan for building the planned France-Spain power system interconnection, the first trans-European direct current link using innovative converter technology, the bank announced in a statement.

10 October 2011
EU Energy Policy

Commission to propose selection criteria for priority projects

The European Commission will propose a list of criteria on 19 October that strategic trans-European energy infrastructure projects for the electricity, gas and oil markets will have to meet to gain additional funding and support.

6 October 2011
Members of the EU Parliament had conflicting views on a study on shale gas. (PA) EU Energy Policy

Shale gas debate divides European Parliament

A debate on shale gas drilling in the European Parliament this week showed the deep divide between EU member states over the practice.

6 October 2011

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