The German government has been granted permission to give energy-intensive companies a helping hand in the face of rising electricity costs. The industry has been eagerly awaiting approval from Brussels. But how exactly the €27.5 billion will be distributed and whether it will deliver what it promises remains to be seen.
By Lukas Knigge
The Commission plans to present a legislative proposal for a new electricity market design next year. A Commission spokesman confirmed this to Europe.Table. A large-scale consultation is to begin already this fall.
By Manuel Berkel
The gas crisis is now being joined by the climate crisis. The extraordinary scale of the drought that is currently affecting Europe puts pressure on power generation. In the domino game of the European internal energy market, this does not bode well for next winter.
By Claire Stam
The latest turmoil on the energy exchanges has reignited the debate about caps on electricity and gas prices. EU-wide price caps modeled on those in Spain are also being discussed, according to reports from Berlin. The economist Veronika Grimm does not think this is a good idea.
By Manuel Berkel
