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Energy Policy in the EU

Latest news about Energy Policy of the European Union.

electricity photoThe Energy Policy in the EU focuses on creating a competitive internal energy market offering quality service at low prices, on developing renewable energy sources, on reducing dependence on imported fuels, and on doing more with a lower consumption of energy.

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LATEST NEWS

Kiev seeks Russia-EU consortium for pipelines 19 March 2010, 18:55 CET
Ukraine's new leadership wants a joint Russian-EU consortium to be set up to help modernise the country's gas pipeline network, a vice prime minister said on Friday.

Euro-MPs vote to tighten security of gas supplies 19 March 2010, 23:46 CET
The European Parliament's Industry Committee has proposed a strenthening of gas crisis prevention measures, laying down new requirements for plans to offset any serious disruptions to gas supplies from third countries.

EU drops anti-trust charges against France's EDF 17 March 2010, 17:40 CET
European competition regulators dropped anti-trust charges against Electricite de France (EDF) after the French company pledged to ease its contract rules for corporate clients.

Russian pipeline group secures EUR 3.9bn funding deal 16 March 2010, 18:11 CET
The consortium behind the planned Nord Stream gas pipeline from Russia to Europe said Tuesday it had secured a 3.9-billion-euro (5.9-billion-dollar) funding deal from 26 banks.

MEPs back fresh EU money for low-carbon technologies 11 March 2010, 23:52 CET
Euro-MPs have approved fresh EU funding for the development of innovative low-carbon technologies to help cut greenhouse gas emissions by 20% by 2020.

EU energy rules still not being implemented: report 11 March 2010, 22:57 CET
EU Member States are lagging behind in the implementation of the internal energy market rules, reveals the Commission’s 2009 Benchmarking Report published today.

European Energy Programme for Recovery - briefing 09 March 2010, 18:38 CET
The European Commission selected on 4 March 43 major energy projects, which will significantly contribute to the economic recovery in the EU, while increasing our security of energy supply by creating cross-border infrastructure. With today's decision, the Commission grants € 2.3 billion to 31 gas and 12 electricity projects. This is the second financial decision under the Economic Recovery Package which amounts to almost 4 billion Euros. It is the largest amount the EU has ever spent on energy infrastructure.

EU's 'carbon fat cats' get rich off trading scheme: study 06 March 2010, 00:37 CET
Europe's system for industrial carbon quotas has enriched the continent's biggest polluters, with ten firms together reaping permits for 2008 alone worth 500 million euros, a new report reveals.

Turkey ratifies Nabucco pipeline deal 04 March 2010, 20:02 CET
Turkey's parliament Thursday ratified an accord to build the European Union's flagship Nabucco gas pipeline, Anatolia news agency reported.

EU backs European investor for Bulgarian nuclear plant 02 March 2010, 14:22 CET
EU Energy Commissioner Guenther Oettinger on Tuesday backed Bulgarian efforts to find a European investor for a new nuclear plant in Bulgaria that a Russian company has been hired to build.

EU could back South Stream gas project: Commissioner 02 March 2010, 15:47 CET
The EU could lend its support to Russia's massive South Stream gas pipeline plan as well as the rival EU-led Nabucco project because of growing energy demand, a top EU Commissioner said onTuesday.

Sanctioned Iran bank to issue euro bonds 27 February 2010, 12:22 CET
Iran's Bank Mellat, which is under US sanctions for allegedly financing weapons proliferation, is to issue bonds worth one billion euros to develop gas fields, state media reported on Saturday.

Greek refiners Helpe post EUR 150m net income in 2009 26 February 2010, 22:43 CET
Top Greek refiners Hellenic Petroleum (Helpe) on Thursday announced a full-year adjusted net income of 150 million euros in 2009, a 27 per cent fall from 2008 results.

East Europe for more energy security: Hungary 24 February 2010, 23:12 CET
Central and eastern European countries agreed Wednesday to set up a north-south-east gas supply system to ensure energy security in a region lacking its own resources.

EBRD and Srbijagas sign 150-million euro loan for gas pipelines 18 February 2010, 13:42 CET
The European Bank for Reconstruction and Development (EBRD) and state-owned Srbijagas inked a deal for a 150-million-euro (205.4-million-dollar) loan on Thursday for reconstruction of gas pipelines in Serbia.

EU Sustainable Energy Week 2010 (Brussels, from 23 March 2010, 00:00 CET to 25 March 2010, 00:00 CET) —
A three-day conference on sustainable energy issues will be held in Brussels, Belgium from 23 to 25 March 2010.

Committee on Industry, Research and Energy 17 February 2010, 13:22 CET
Responsibilities, contacts and latest studies of the Committee on Industry, Research and Energy

Britons pay for compatriots' heating bills abroad: report 16 February 2010, 04:32 CET
British taxpayers sent 14 million pounds in the form of a government winter fuel payment to tens of thousands of their retired compatriots in other European countries last year, a newspaper said Tuesday.

Finnish authority gives Nord Stream green light 12 February 2010, 08:47 CET
A Finnish regional authority gave the Russian-led Nord Stream consortium the green light for building a gas pipeline from Russia to the European Union under the Baltic Sea, it said Friday.

Oil above 75 dollars in Asian trade 12 February 2010, 10:05 CET
Oil prices were back above 75 dollars in Asian trade Friday, but the market remained hobbled by concerns the European Union's pledge to help Greece deal with a crippling debt crisis lacked details.

Oil prices rise on demand hopes 11 February 2010, 22:02 CET
Oil prices climbed Thursday on the back of expectations of higher demand as well as a European Union pledge to support debt-stricken Greece and positive US jobs data.

Putin says Nord Stream poses no environmental risks 10 February 2010, 22:37 CET
The Nord Stream pipeline being built under the Baltic Sea to transport Russian gas to the European Union will not pose a risk to the environment, Russian Prime Minister Vladimir Putin said on Wednesday.

Oil prices leap as dollar falls against euro 09 February 2010, 23:25 CET
Oil prices rebounded Tuesday as the dollar weakened against the euro on whetted risk appetite, making crude cheaper for buyers using stronger currencies.

ENI awards 845 million euro contract to Hyundai in Norway 08 February 2010, 12:57 CET
The Norwegian unit of Italian energy group ENI said Monday it had awarded a 6.9-billion-kroner (845-million-euro,1.16-billion-dollar) contract to Hyundai Heavy Industries of South Korea to build an oil installation in the Barents Sea.

EU approves TenneT buyout of E.ON's German power lines 05 February 2010, 12:22 CET
The EU's competition watchdog on Friday approved Dutch energy group TenneT's takeover of German rival E.ON's extra high-voltage distribution network in Germany, saying the deal posed no anti-trust threat.

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