Europe News
MEPs push tighter energy permit deadlines, setting up EU clash
The European Parliament is trying to turn permitting reform into a stronger, common EU rulebook, while capitals seek flexibility to accommodate national legal systems, environmental constraints and administrative structures, according to a document seen by Euronews.
Business
French EDF Energy in talks to acquire smaller British rival So Energy
France's EDF Energy is reportedly in discussions to buy So Energy, the smaller British supplier whose Irish parent company has put it up for sale, in a deal that would add to a renewed wave of consolidation among UK gas and electricity retailers.
Europe News
Germany warns EU electricity tax plan threatens national sovereignty
Germany accuses the European Commission of using an electricity market law to sidestep EU tax rules and national sovereignty. The dispute could affect the pace of the bloc’s electrification drive and efforts to reduce its reliance on imported fossil fuels.
Europe News
Brussels to double electrification target to cut fuel consumption
After months of speculation, the European Commission announced a 46 percent electrification target for the bloc's economy by 2040. The move is intended to cut dependencies on imported fossil fuels but critics argue that high electricity prices may complicate the EU's goals.