Tag Archives: EU

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Serbia is first Energy Community contracting party to enter verification phase of market coupling

Serbia is the first Energy Community contracting party to enter the verification phase of the market coupling procedure, the Energy Community Secretariat said after the annual meeting of the Ministerial Council in Vienna. At the Energy Community Ministerial Council, ministers addressed energy security, market integration, climate policy, and environmental protection, confirming a shared EU–contracting parties […]

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Bruegel: Without refining or delaying CBAM for electricity, EU risks market integration, security of supply

Unless the rules are refined for the electricity sector, the Carbon Border Adjustment Mechanism (CBAM) risks undermining the European electricity market integration and security of supply, Brussels-based think tank Bruegel warned. Bruegel has analyzed the impacts of the application of CBAM, set for January 1, 2026. The tax will apply to steel, cement, iron, aluminium, fertilizers, […]

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Greece loses EU grant intended for renewable electricity for vulnerable consumers

The ambitious Apollo program, which the Greek government outlined in late 2023, is losing EUR 100 million. The European Union earlier approved the grant for investments in renewable energy and storage, intended to lower energy costs for vulnerable consumers through self-consumption. The first phase of the Apollo program was envisaged to help vulnerable households. It […]