Enza Tedesco

(Montel) Italy's energy regulator has begun work to develop a mechanism to compensate gas-fired power plants facing high costs, pending approval from the European Commission.

(Montel) Italy could lose nearly half of its gas-fired capacity by 2030 amid poor profitability, think tank Irex said on Tuesday.

(Montel) Seventy companies and industry groups on Thursday called for a binding target to electrify 50% of final EU energy consumption by 2040, warning that the bloc risks falling behind China and the US on clean technology.

(Montel) The EU needs more mechanisms than its emissions trading system (ETS) to finance Europe's green transition, while its ETS benchmarks may be structurally biased, said an Italian study released on Thursday.

(Montel) QatarEnergy has extended its force majeure on LNG deliveries to Italy's Adriatic LNG terminal until at least mid-August, Edison said on Monday, with five more cargoes affected by the Strait of Hormuz crisis.

(Montel) Italy's efforts to curb high energy costs through a recent government decree and market interventions will only partially offset the impact of a prolonged blockade of the Strait of Hormuz, analysts told Montel.

(Montel) Europe has “got it wrong” on its energy, industrial and economic policy design, Italian enterprise minister Adolfo Urso said on Thursday.

(Montel) Italy's proposed emissions costs reimbursement scheme could cut wholesale power prices by up to 9% by next year but at the cost of sharply

(Montel) Revenues for battery storage assets will likely decline across key southern European markets as a large build-out of new capacity enters the system, increasing competition, Aurora Energy Research said late on Wednesday.

A study finds tighter fuel supplies since the Iran war have trimmed EU fossil fuel imports and underscore the need to electrify to boost energy security and cut import exposure.