Facing Trump tariff threat, Germany’s new government bets big on boosting economy
Friedrich Merz’s new administration promises tax cuts, energy price reductions and a blitz of public-private investment funds.
electricity price
How Britain’s slickest energy lobbyist wooed Labour
Octopus Energy boss Greg Jackson says he knows how to bring down bills. Others claim his ideas will starve the U.K. of green investment.
Berlin eyes rollback of liberalised power market, bets on fixed-pricing model
To avoid future electricity price hikes, the German government is looking to reverse the liberalisation of its electricity market and move towards a more interventionist approach with the establishment of fixed-price capacity markets.
Czechs pick South Korea’s KHNP over French bid in nuclear power tender
* South Korea’s KHNP preferred to France’s EDF * KHNP to build two new units, more possible * Prague plans to sign deal with KHNP in Q1 next year * For a FACTBOX on KHNP’s winning bid, click here (Adds electricity price detail, KHNP comment, background…
‘Postcode lottery’ warning as UK energy chief weighs bills shake-up
LONDON — Claire Coutinho has promised to cut your energy bills. But she could end up hiking your neighbor’s in the process. The U.K. energy secretary is mulling sweeping reforms to the electricity market which, advocates say, could reduce bills by billions of pounds over the next 15 years. But critics warn the proposals could […]
Don’t bet on the UK ending the power of gas to set energy bills
The electricity price is set by the most expensive generating asset, but uncoupling the two would be very complicated
Germany’s Habeck calls for ‘Zeitenwende’ on industrial subsidies
In a plea to coalition partners and the European Commission, German Economy Minister Robert Habeck (Greens) called for more subsidies to secure industrial production and jobs.
UK streamlines planning for £20bn plan to bring power from Morocco
Xlinks project seeks 25-year contract with government to guarantee a fixed electricity price
Power subsidies and refugees: Germany’s governors want Brussels’ help
Germany’s regional chiefs descended on Brussels to seek support on contentious political and economic issues from European Commission President Ursula von der Leyen, who may in turn take the opportunity to ensure their support for her second term.
Germany’s audit court slams Lindner’s ‘special funds’ — again
The extra pots of cash are used for major spending, but hide a ballooning debt.
German electricity price fight intensifies ahead of government retreat
The German government coalition is split on whether or not to subsidise electricity prices for energy-intensive industries, such as chemical industries and steel, with Chancellor Scholz’s own Social Democrats party turning against his position.