Ursula von der Leyen

EC proposes windfall tax on lower-cost generators, they wish it is temporary

In an effort to manage soaring energy rates, the European Commission (EC) on Wednesday suggested an emergency situation treatment in Europe's power markets, consisting of the intro of need decrease actions and a revenue cost cap on lower-cost electrical energy manufacturers.

Sep 15, 2022 // Markets & Finance News, Policy, EC, Ursula von der Leyen

European Commission Ponders Hiking Renewable Energy Target To 45% By 2030

Deputy Director General of the Energy Department of the European Commission notified about the strategy in a meeting of EU lawmakers. The Commission wants to phase out Russian gas dependancy by 2027.

Apr 21, 2022 // Markets & Finance News, Ukraine, Solar Energy, Europe, Asia, Russia, european commission, Renewable Energy, Wind Energy, Ursula von der Leyen, Deputy Director General of the Energy Department, Frans Timmermans, Mechthild Woersdoerfer, russian gas dependence

Europe's Metal Sector Asks EU to Help it Deliver Energy Transition

Market association Eurometaux has asked EU policy-makers to enable participant states to support domestic manufacturers of aluminium, zinc and also silicon with state help to make sure products of the metals critical for the transition to reduced carbon energy.

Jan 18, 2022 // Manufacturing News, Markets & Finance News, silicon, EU, Zinc, aluminium, Cillian O'Donoghue, Eurometaux, metals industry, Ursula von der Leyen

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