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20 Dec 2023, 12:53
Ruby Russel

German energy industry welcomes extension of EU emergency measures

威力彩玩法

German industry associations have welcomed a 聽to reduce dependence on Russian gas and protect EU energy consumers from price spikes. The package of emergency regulations also allows fast-tracked approval for new renewable power facilities. German Wind Energy Association the decision was 鈥渁 strong sign that the EU is serious about its plans to transform the European energy supply.鈥 German聽utility association from its head, Kerstin Andreae, saying that 鈥渕easures implemented in Germany under the ordinance have already significantly accelerated the expansion of onshore wind energy鈥 and extending it was 鈥渢he right decision.鈥 However, BDEW was critical of the to alleviate price peaks. So far, prices have not been high enough to trigger the mechanism, Andreae noted, but she warned that intervening in the market could have 鈥渘egative consequences.鈥

聽The European Council adopted the package of three emergency regulations in December 2022, in response to the threat Russia鈥檚 invasion of Ukraine poses to EU energy security. came in on 30 December 2022, and will be extended until the end of next year. 聽were originally in place for 18 months: they will now apply until June 2025. The , designed to limit prices in EU gas markets, came into effect in February 2023, and will now run until January 2025.聽

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