EU plan to cut gas use by 15% set to come into effect
An EU plan to cut gas consumption across the bloc by 15 per cent to cope with an energy price crisis spurred by Russia’s war in Ukraine comes into effect on Tuesday (9 August).
An EU plan to cut gas consumption across the bloc by 15 per cent to cope with an energy price crisis spurred by Russia’s war in Ukraine comes into effect on Tuesday (9 August).
An EU proposal calling on member states to cut their gas use by 15% to prepare for potential cuts to supplies of Russian gas is facing resistance from governments, casting doubt on whether they will approve the emergency plan next week.
Two European Parliament committees on Tuesday (14 June) backed an attempt to stop the EU labelling gas and nuclear energy as climate-friendly investments, setting the stage for a full Parliament vote that could reject the rules next month.
The European Commission has presented its second delegated act for the EU’s sustainable finance rules and under certain conditions, nuclear power and gas will be labelled “green”, making German industry happy.
BERLIN (Reuters) – Germany on Sunday welcomed a plan by the European Union to label some natural gas energy projects as “green” investments, but stressed its opposition to a proposal to do the same for nuclear power projects.
New state aid rules spelling out conditions under which EU governments are allowed to support companies on environmental grounds, boost clean energy, and phase out support for fossil fuels were unveiled by the European Commission on Tuesday (21 December).
Energy bills could go up even further for UK customers amid reports the Government is planning to introduce new charges on gas.
The world’s leading energy authority has issued a rare public rebuke to Russia over a crunch in gas supplies as fears grow that Moscow is stoking a winter energy crisis across Europe.
The EU’s 27 energy ministers on Friday (11 June) came to an uneasy compromise on the revision of EU rules covering investments in cross-border energy infrastructure, the so-called TEN-E regulation. The fraught debate sets an unwelcome precedent for future debates over gas.
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