In light of the market volatility caused by the conflict in the Middle East, the European Commission is urging EU countries to begin the gas storage season and make preparations in a coordinated and timely manner ahead of next winter. The EU’s energy supply security remains safeguarded at this stage thanks to its low dependence […]
Commission approves Spanish state aid for electricity cogeneration
The European Commission has approved, in accordance with EU state aid rules, a €3.1 billion Spanish programme to support electricity production from new or substantially refurbished high-efficiency combined heat and power (CHP) plants. This measure will contribute to the implementation of Spain’s National Energy and Climate Plan, the Clean Industrial Pactand theEU’senergy efficiencytargets. The Spanish […]
Eurostat: EU natural gas demand falls by 7.4% in 2023
The EU‘s demand for natural gas has been declining for 2 consecutive years. After a 13.3% yearly decrease in 2022, demand fell by another 7.4% in 2023, totalling 12.72 million terajoules in 2023. This also marks the lowest demand recorded since the collection of monthly cumulated data began in 2008. This reduction has been affected by measures outlined […]