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LATEST NEWS
- Temporary free allocation of emission allowances for power plants beyond 2012 - guide — 24 May 2012, 11:05 CET
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The European Commission has adopted a framework under which EU Member states may compensate some electro-intensive users, such as steel and aluminium producers, for part of the higher electricity costs expected to result from a change to the EU Emissions Trading Scheme (ETS) as from 2013. The rules ensure that national support measures are designed in a way that preserves the EU objective of decarbonising the European economy and maintains a level playing field among competitors in the internal market. The sectors deemed eligible for compensation include producers of aluminium, copper, fertilisers, steel, paper, cotton, chemicals and some plastics.
- P5+1 making proposals 'of interest to Iran': EU — 23 May 2012, 13:53 CET
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World powers laid out on Wednesday a new package of proposals in crunch talks over Iran's nuclear programme which will be "of interest" to Tehran, a spokesman for the EU's foreign policy chief said.
- Bulgarian parliament backs Nabucco gas pipeline — 22 May 2012, 18:49 CET
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Bulgaria's parliament on Tuesday formally backed an agreement to support
the 4,000-km (2,500-mile) Nabucco pipeline project to bring Caspian gas
to Europe, its press office said.
- World powers await 'concrete' results from Iran talks — 21 May 2012, 23:58 CET
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World powers hope Iran will agree to stop enriching uranium to 20
percent at this week's talks on Tehran's contested nuclear drive, a
European diplomat said Monday.
- EU clears Angolan LNG joint venture — 16 May 2012, 11:53 CET
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European Union authorities announced Wednesday they have cleared a
liquefied natural gas joint venture in Angola by BP, Chevron, Eni,
Sonangol and Total.
- German RWE says might pull plug on Nabucco pipeline — 14 May 2012, 11:38 CET
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German power company RWE said Monday it might abandon the Nabucco gas
pipeline project, the latest group to consider pulling out of the
Austria-Turkey pipeline project aimed at cutting Europe's dependence on
Russian energy.
- Brussels gives green light to EDF control of Italy's Edison — 11 May 2012, 23:07 CET
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The European Commission Friday gave the green light to the takeover of
the Edison group, Italy's second biggest power company, by French
electricity giant EDF.
- Ashton discusses Iran talks with Israel PM — 09 May 2012, 17:55 CET
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EU foreign policy chief Catherine Ashton met Israel's Prime Minister Benjamin Netanyahu on Wednesday to discuss the upcoming nuclear talks between world powers and Iran.
- EU offers energy partnership with China — 03 May 2012, 22:13 CET
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The European Union on Thursday agreed to set up an energy "partnership" with China ensuring "open" access to each other's markets.
- EU urges Bolivia to compensate Spain over electricity grab — 02 May 2012, 17:30 CET
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The European Union has condemned Bolivia's decision to take control of a subsidiary of Spanish firm Red Electrica and urged for quick and adequate compensation for the move.
