EU approves €1.5bn Romanian scheme to compensate energy-intensive firms

It will cover part of the higher electricity prices arising from the impact of carbon prices on power generation costs, i.e. indirect emission costs, incurred between 2021 and 2030

EU greenlights €5bn German scheme to support energy and trade intensive firms

Under the measure, the aid will take the form of direct grants for additional costs due to severe increases in natural gas and electricity prices

Green light for Spain’s €2.9bn scheme to compensate companies for indirect emission costs

It will cover part of energy-intensive firms’ higher electricity prices arising from the impact of carbon prices on power generation costs between 2021 and 2030

EU approves €1.4bn Czech scheme to compensate firms for indirect emission costs

It will cover part of the higher electricity prices arising from the impact of carbon prices on power generation costs incurred between 2021 and 2030

MEPs call for carbon price on certain EU imports from less climate-ambitious nations

They believe this would create a global level playing field as well as an incentive for both EU and non-EU industries to decarbonise in line with the Paris climate agreement

EU seeks views on tightening state aid rules for carbon market

The Commission has launched a consultation on the revised guidelines for emissions allowance trading post-2021, which includes reducing the number of sectors eligible for compensation

Ed Davey – “We’re a Monty Python government”

The Coalition is a “Monty Python government” Energy Secretary Ed Davey claimed yesterday – but not because of Prime Minister David Cameron’s silly walks. Referring to the legendary British comedy group’s sketch in a speech at the Energy Event in Birmingham yesterday, Mr Davey (pictured) eschewed Eric Idle’s frantic, innuendo-laden delivery for his usual earnest […]

npower’s Wayne Mitchell’s Blog

Is £250 million enough to avert carbon leakage? If I told you that you’d be paying almost double in taxation for an essential business commodity in ten years time – whereas competitors in China and the USA would only be paying slightly more, and those in Japan, Russia and Turkey would be paying the same […]