Energy market
#StateAid – Commission opens in-depth investigation into #Lithuania electricity strategic reserve measure
The European Commission has opened an in-depth investigation to assess whether Lithuanian support to energy company AB Lietuvos Energija in the context of a strategic reserve measure, which was in place in Lithuania until 2018, may have unduly favoured the company and distorted competition in the Single Market, in breach of EU state aid rules. […]
#ESG – Towards growth through sustainable development
The current volatile business market environment is increasingly characterised by valuations driven by sentiment. Investor attention and interest around the topic of Environment, Society and Governance (ESG). While solid company fundamentals remain the core of the story, it is critical for a company to shape a positive public and investor perception. The largest global investors already […]
#EnergyCharterTreaty – Commission asks for mandate to negotiate modernization of investment provisions
The Commission has adopted a draft mandate to engage on behalf of the European Union in the negotiations to modernize the Energy Charter Treaty (ECT), a plurilateral trade and investment agreement applicable to the energy sector to which the EU is part. These negotiations aim to revise the provisions of the Treaty in a way […]
#StateAid – Commission approves provisional measure ensuring security of local electricity supply in #Slovakia
The European Commission has approved under EU State aid rules the compensation granted by Slovakia to electric utility company Slovenské Elektrárne a.s. for temporarily supplying a mandatory quantity of electricity from indigenous fuel sources into the Bystričany electricity system node in Slovakia. Slovakia notified the Commission of its plans to entrust electric utility company Slovenské […]
The #EnergyUnion – From vision to reality
The fourth report on the State of the Energy Union shows that the European Commission has fully delivered on its vision of an Energy Union strategy guaranteeing accessible, affordable, secure, competitive and sustainable energy for all Europeans. Europe is already a global leader in fighting climate change. European policies implemented over the last five years […]
New #EuropeanEnergyMarket – Paths towards compromise
The European Parliament approved the legislative package aimed at providing the EU citizens with an access to clean energy (Clean Energy for All) and shaping the energy sector development in EU states towards further increase in share of renewables and cross-border ties strengthening, writes Colin Stevens. “The approval of the new electricity market design brings […]
#FORATOM highlights need for investment in all low-carbon technologies to meet climate challenges
The world is facing a major challenge – in order to prevent irreversible climate change, global warming needs to be kept below 1.5 degrees. For Europe, this means a full decarbonization of its economy. And this, in turn, requires adequate financing and investment in ALL low-carbon technologies. The EIB Energy Lending Policy consultation came to […]
