Energy

EU needs energy union to compete with US and China, Eurogroup chief says

A European energy union is a prerequisite to other reforms that the European Union is planning to stay competitive against the U.S. and China, Kyriakos Pierrakakis, the chairman of the…

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ECB’s Stournaras says euro zone monetary policy will depend on size of energy disruption

European Central Bank policymaker Yannis Stournaras said on Monday that ‌the appropriate euro zone monetary policy will depend on the size and nature of energy supply disruption from the Iran…

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Hot weather drives electricity consumption in Italy in July to + 4.5 %

In July, Italy's electricity requirements amounted to 31.3 billion kWh, an increase of 4.5% compared to July 2023.Griid operator Terna said this is the highest monthly figure for July in…

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Wind and solar energy overtake fossil fuels to provide 30% of EU electricity

Wind turbines and solar panels have overtaken fossil fuels to generate 30% of the European Union’s electricity in the first half of the year, a report has found. Power generation…

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Malta News Briefing – Sunday 21 July 2024

Morning Briefing Enemalta installs 14 generators to battle power cuts Enemalta has installed 14 diesel-powered generators in various locations across Malta to address another power-cut crisis during a heatwave. Executive…

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G7 commits to phasing out coal by 2035

The G7 countries have expressed their renewed commitment to the gradual elimination of coal-generated energy during the first half of the 2030s or in a period consistent with keeping the…

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EU Parliament approves law to make buildings more energy efficient

BRUSSELS, (Reuters) - The European parliament approved a new law that requires member states to push the renovation of buildings to make them more energy-efficient and reduce the EU's carbon…

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EU 2030 wind target within reach thanks to investment, improved permitting, industry body says

By Nina Chestney LONDON (Reuters) - The European Union's wind power target for 2030 is within reach due to a rebound in investment and improved permitting procedures, an industry association…

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British energy bills to fall after 12% price cap cut

By Susanna Twidale Feb 23 (Reuters) - Most British household energy bills will fall from April after regulator Ofgem cut its domestic price cap by 12.3% to its lowest level…

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Russia’s airstrikes kill three, injure 13 in east Ukraine, Ukrainian officials say

Russia launched several missile attacks on the town of Selydove in Ukraine's eastern Donetsk region overnight, killing three people, injuring a dozen and damaging a hospital and several apartments, Ukrainian…

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EU seeks to agree key path towards green industry goals

European Union policymakers began final negotiations on Tuesday on new rules to promote local production of equipment for solar and wind power, fuel cells and other clean technologies and ensure…

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EU cautions against trade measures to support solar sector

The European Union needs to take into account its ambitious targets for solar power deployment before it considers any measures to curb imports of photovoltaic panels, wafers and other components, a…

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EU built record new wind farms last year but lags green energy goal

By Kate Abnett BRUSSELS, (Reuters) - European Union countries built 17 gigawatts of new wind power farms in 2023, the most for any year so far, but still not enough…

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EU members seek to add nuclear, e-fuels to clean tech goals

By Philip Blenkinsop BRUSSELS, Dec 7 (Reuters) - EU governments agreed on Thursday that nuclear and sustainable fuels should be added to a list of strategic "net-zero" technologies that the…

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Fossil fuel phase-out among options on COP28 table

Countries at the COP28 climate conference are considering calling for a formal phase-out of fossil fuels as part of the U.N. summit's final deal to tackle global warming, a draft…

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IAEA says a dozen countries to be equipped with nuclear power

A dozen countries are expected to start producing electricity from nuclear power sources within the next few years, the director general of the International Atomic Energy Association (IAEA) Rafael Mariano…

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Euro zone to tighten fiscal policy in 2024, some still to spend too much

Euro zone fiscal policy will be tighter on aggregate next year but several countries, including France and Italy, plan to spend too much, breaking EU recommendations, the European Commission said…

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Italy to approve measures to boost energy security as gas prices rise

Italy plans hub for floating wind power Tries to speed up work on LNG terminals Also supports carbon capture facilities By Giuseppe Fonte and Francesca Landini ROME, Oct 23 (Reuters)…

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EU seeks to ease US tariff, green subsidy threats

The European Union will seek this week to ward off the return of Trump-era metals tariffs and to lessen the negative impact on the U.S. Inflation Reduction Act (IRA) and…

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Europe could become energy self-sufficient in $2 trillion push – study

FRANKFURT (Reuters) - Europe could wean itself off fossil fuels and create a self-sustainable energy sector by spending around 2 trillion euros ($2.1 trillion) on solar, wind and other regenerative…

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EU countries consider scrapping part of energy reforms – document

By Kate Abnett and Julia Payne BRUSSELS (Reuters) - European Union countries are considering scrapping a central part of reforms to Europe's electricity market, amid a deadlock between France and…

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EU risks depending on China for batteries after quitting Russian energy -presidency paper

By Belén Carreño MADRID (Reuters) - The European Union risks becoming as dependent on China for lithium-ion batteries and fuel cells by 2030 as it was on Russia for energy…

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Photo Story: Spain’s first prototype of floating offshore wind turbine connected to the grid

A view of Spain's first prototype of floating offshore wind turbine connected to the grid, named DemoSATH and created by Saitec, during the official commissioning at the BIMEP experimental field…

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French power prices could rise 10% in early 2024

PARIS, Sept 14 (Reuters) - French electricity prices could rise by about 10% in early 2024 if the government follows recommendations flagged by the head of the country's energy regulator…

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EU lawmakers vote for tougher crackdown on energy market abuse

A committee of European lawmakers on Thursday voted in favor of a tougher crackdown on manipulation in gas and electricity markets which would give an EU agency the teeth to investigate and…

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EU lawmakers vote for tougher crackdown on energy market abuse

BRUSSELS, Sept 7 (Reuters) - A committee of European lawmakers on Thursday voted in favor of a tougher crackdown on manipulation in gas and electricity markets which would give an…

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New subsea power link between Scotland and England gets planning consent

British authorities have given planning consent for a new 2 gigawatt (GW) subsea power link between Scotland and England, National Grid said on Thursday. The Eastern Green Link 2 will…

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Global power demand growth to rebound in 2024 after slowdown, IEA says

By Forrest Crellin PARIS, (Reuters) - An ongoing energy crisis and an economic downturn is expected to slow global power demand growth in 2023, but a probable rebound in 2024…

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Jul

PB Group acquires 100% of the Thomas Smith insurance and logistics businesses

PB GROUP, a Malta-based company specialised in the delivery of highly specialised engineering solutions in the Water & Energy sectors and a key regional logistics operator has acquired all the…

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Spain’s EU power market reform draft includes subsidies for existing plants

By Pietro Lombardi VALLADOLID, Spain, July 12 (Reuters) - Spain has proposed state aid for existing power plants, but with limits to avoid market distortions, in a bid to end…

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Pro-nuclear energy EU states ask for ‘level playing field’ with renewables

A group of pro-nuclear EU countries led by France will present a paper to the European Commission on Tuesday asking for a "level playing field" for nuclear energy in the…

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EU countries eye tighter subsidies in hunt for energy market deal – draft

By Kate Abnett BRUSSELS (Reuters) - European Union countries are considering stricter limits on state aid for power plants in an upcoming revamp of Europe's electricity market, after disagreements between…

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Renewables growth did not dent fossil fuel dominance in 2022, report says

Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry's Statistical…

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Italy sees no need for new anti-inflation package as energy prices fall

Energy price spike has largely reversed Italy's Treasury has budget leeway to renew some measures New EU budget rules require fiscal prudence ROME (Reuters) - Italy does not plan to…

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EU countries fail to agree energy reforms after coal subsidy clash

European Union countries failed on Monday to agree on planned new rules for the bloc's power market, having clashed over a proposal to extend subsidies for coal plants as part…

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Wind returns to top of list of German power sources

BERLIN (Reuters) - Just under a third of electricity generated in Germany came from wind power in the first quarter of 2023, according to data released this week, as wind…

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Oil price falls as global backdrop outweighs Saudi output cut

Oil prices edged lower early on Tuesday, coming off gains made the previous day as concerns about the global economic backdrop outweighed supply worries raised when Saudi Arabia announced its…

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EU recommends end to energy support in 2023 to help fiscal policy

By Jan Strupczewski BRUSSELS, May 24 (Reuters) - The European Commission recommended on Wednesday that all EU governments end support measures for energy prices by the end of this year…

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Energy costs for most British households to fall 18% from July -Cornwall Insight

LONDON, May 19 (Reuters) - Energy costs for most British households are expected to fall around 18% from July with regulator Ofgem poised to announce a cut in its price…

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Greece extends energy relief measures to end-September

ATHENS, May 18 (Reuters) - The Greek government has extended by three months to the end of September some of the measures it took last year to help households and…

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Fossil fuel-centred growth is obsolete, says EU’s von der Leyen

An energy mix based on fossil fuels cannot deliver sustainable economic growth for future generations, European Commission President Ursula von der Leyen said on Monday as she sought to add impetus to…

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Germany’s Baerbock calls for global target for renewable energy expansion

German foreign minister Annalena Baerbock on Tuesday called for a global target for the expansion of renewable energies. Speaking at the start of the Petersberg Climate Dialogue in Berlin, Baerbock…

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EU, Norway plan cooperation on carbon capture, hydrogen, draft shows

By Kate Abnett BRUSSELS, April 20 (Reuters) - The European Union and Norway aim to work together to develop infrastructure to capture and store CO2 emissions and scale up renewable…

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German cabinet approves bill to phase out oil and gas heating systems

By Riham Alkousaa and Markus Wacket BERLIN, April 19 (Reuters) - The German cabinet on Wednesday approved a bill that bans most new oil and gas heating systems from 2024,…

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Campaigners sue EU for labelling gas and nuclear investments as green

Greenpeace and other campaign groups are set to take the European Commission to court on Tuesday, seeking to overturn European Union rules that class nuclear energy and natural gas as climate-friendly investments.The…

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Wind and solar hit record 12% of global power generation last year

By Nina Chestney LONDON (Reuters) - Wind and solar energy represented a record 12% of global electricity generation last year, up from 10% in 2021, a report this week found.…

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EU launches LNG benchmark in attempt to tame price spikes

European Union energy regulators have launched a liquefied natural gas (LNG) benchmark price in an effort to avoid the market mirroring spikes in volatile costs for pipeline gas. The EU…

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UPDATED: Britain to set out plans to boost energy security

LONDON, March 30 (Reuters) - Britain laid out plans on Thursday to boost its energy security and independence through investment in moving towards cleaner, more affordable energy sources. Wholesale gas…

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EU reaches deal on service stations for EVs, alternative fuels

The European Union on Tuesday reached a provisional deal on the deployment of more service stations for cars running on electricity and alternative fuels as the bloc seeks to reduce the carbon…

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Siemens to provide technology for Italian energy project

Siemens Energy and Italy's FATA have been awarded a contract worth nearly 1 billion euros to supply transmission technology for a 970-kilometre power link connecting Sardinia and Sicily to the Italian mainland,…

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Nuclear row threatens EU deal on renewable energy goals

European Union countries are split over whether to allow nuclear energy to contribute to meeting their renewable energy targets, a dispute threatening to delay one of the EU's main climate…

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Half of Europeans concerned on ability to pay their bills

Almost half of European consumers (48%) were worried about being able to pay their bills, and a large majority (71%) took measures to reduce their energy consumption at home. In…

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EU to propose clampdown on companies using fake ‘green’ claims

The European Commission wants to require companies in Europe to back up climate-friendly claims about their products with evidence, under draft rules to stamp out misleading green labels for products from clothing…

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Steward to take hospitals judgement to European Courts / Malta News Briefing – Wednesday 15 March 2023

Updated 1700 The Times of Malta reports that Steward said it has also requested a European Court of Justice (ECJ) preliminary ruling since it viewed the judgement as undermining the…

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Britain extends household energy support scheme to June

LONDON, March 15 (Reuters) - Britain extended its support for household energy bills by three months to the end of June, the government said on Wednesday, keeping a lid on…

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Italy’s energy authority sees gas, electricity prices falling

MILAN, March 9 (Reuters) - Italy's energy authority Arera sees a fall in consumers' electricity bills of more than 20% in the second quarter of the year, its president Stefano…

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Italian court postpones decision over Tuscan LNG terminal to July

An Italian administrative court has postponed to July 5 a decision over a complaint against a new liquefied natural gas (LNG) terminal in the Tuscan port of Piombino, the court said on…

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