Council of the EU agrees on emergency measures to reduce energy prices
EU energy ministers today reached a political agreement on a proposal for a Council Regulation to address high energy prices. The regulation introduces common measures to reduce electricity demand and to collect and redistribute the energy sector’s surplus revenues to final customers. Electricity demand reduction The Council agreed to a voluntary overall reduction target of 10%...Read More
An open letter to European policy makers and the media regarding the REPowerEU Plan
Association for Production, Storage and Trading of Electricity (APSTE) joined the Open Letter to European Commission and Policy Makers regarding the REPowerEU plan, together with 25 companies and organizations –leaders of the European and global energy market. “The current geopolitical situation across the continent, combined with high dependency on imported natural gas, growing...Read More
IEA: Global energy employment rises, driven by clean energy
Global employment in the energy sector has risen above its pre-pandemic levels, led by increased hiring in clean energy, according to a new IEA report that offers the first worldwide benchmark for employment across energy industries. The inaugural edition of the World Energy Employment Report, which will be published annually, maps energy sector employment by technology and value...Read More
The Chambers Global Practice Guide for Alternative Energy & Power
The Alternative Energy & Power 2022 guide features 24 jurisdictions. The guide provides the latest legal information on the principal laws governing the sale of power industry assets; market structure, supply and pricing; climate change laws and alternative energy; and regulations regarding generation, transmission and distribution, as the Bulgarian chapter was prepared by Schoenherr...Read MoreRE-Source Southeast: Post-event report
The second edition of RE-Source Southeast, the biggest regional event dedicated to corporate sourcing of renewable energy and its role in industry decarbonisation strategies, took place on May 31-June 1 in Sofia. The event brought together 50 speakers and more than 300 attendees, connecting corporate buyers with companies active in renewable energy development and electricity...Read More
Open letter: European energy security needs energy storage
Association for production, storage and trading of electricity (APSTE) joined the open letter signed by Breakthrough Energy, the European Association for Storage of Energy – EASE, SolarPower Europe, and WindEurope, calling on the European Commission to recognise energy storage’s crucial role for the security of energy supply in Europe. The organisations welcome that the REPowerEU...Read More
A study on the impact of RES on soils and biodiversity has been launched
This spring, a long-term project to study the impact on soils, ecosystems and biodiversity related to the construction of large-scale power plants for the production of electricity from renewable energy sources (RES) was launched. The initiative is the result of tripartite cooperation between the Agricultural Academy, the Institute of Biodiversity and Ecosystem Research at BAS (IBER-BAS) and...Read More
REPowerEU: Joint European action for more affordable, secure and sustainable energy
Phasing out our dependence on fossil fuels from Russia can be done well before 2030. To do so, the Commission proposes to develop a REPowerEU plan that will increase the resilience of the EU-wide energy system based on two pillars: Diversifying gas supplies, via higher Liquefied Natural Gas (LNG) and pipeline imports from non-Russian suppliers, and larger volumes of biomethane and renewable...Read More
Germany’s new government announces ambitious decarbonization plan
Photo: BMWI Germany aims to accelerate the growth of renewable energy sources, especially onshore wind farms. German Minister for Economic Affairs and Climate Action Robert Habeck presented a plan for the decarbonization of industry and electrification of transport and heating. The new government will launch urgent climate programs that need to bring results quickly, to adequately respond...Read More