All articles by Manuel Berkel

Hydrogen: 1 billion for green steel
The Commission has approved €1 billion in aid for Salzgitter’s green steel production. “With this measure, Germany supports Salzgitter’s plans to decarbonize its steel production processes through the use and production of renewable hydrogen,” Commission Vice President Margrethe Vestager announced yesterday. The steel group plans to replace its blast furnace with direct reduction using green […] continue reading →
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by Manuel Berkel
Commission warns against gas price cap
Yesterday evening, the Commission sent its non-paper on the gas price cap to the member states. At their meeting three weeks ago, the energy ministers had insisted on proposals. But the Commission now drastically shows the consequences of a general gas price cap. continue reading →
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by Manuel Berkel
Energy crisis: Commission plans new proposals
Even before the emergency meeting of energy ministers on September 30, the EU Commission intends to propose new measures to calm the electricity and gas markets. Meanwhile, Poland is preparing its own law for lower electricity prices. continue reading →
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by Manuel Berkel
Energy: EU states supposed to share excess profits
Electricity prices are supposed to fall, but member states are still at odds over the means. The Commission is now considering a new proposal for a common line: Countries that skim off high excess profits should co-finance relief in other EU states. The basis is a draft law available to Europe.Table. “In a spirit of […] continue reading →
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by Manuel Berkel
Price cap plans exacerbate gas conflict with Russia
Ahead of the energy ministers' meeting, Commission president Ursula von der Leyen explained the emergency plan against high energy costs. A price cap for Russian gas could come very quickly. President Vladimir Putin responded by threatening a complete supply stop. continue reading →
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by Manuel Berkel
Von der Leyen wants price cap for Russian gas
The Commission will present a proposal for a price cap on Russian gas imports. This was announced yesterday by Commission President Ursula von der Leyen on Twitter. The package will also include proposals for reducing electricity consumption peaks, relief for vulnerable households and companies using revenue from the energy sector, which was announced last week, […] continue reading →
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by Manuel Berkel
Commission works on electricity price cap
Experts at the Commission are proposing a three-pronged emergency measure to counter high electricity prices: an electricity-saving target, skimming excess profits of non-price-setting power plants and redistributing them back to households and SMEs. In the event of a gas shortage, there could also be aid for critical industries. continue reading →
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by Manuel Berkel
Electricity crisis: EU Greens want incentives for load management
The Greens want to focus more on shifting consumption over time as a means of countering high electricity prices. “A savings target for electricity would be even more effective if all consumers shifted their electricity consumption away from peak hours, especially weekday evenings, to reduce costs for everyone on average,” said the group’s coordinator in […] continue reading →
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by Manuel Berkel
Joint gas purchasing back on the EU agenda
The day after emergency measures were announced, electricity and gas prices have dropped. There is also movement on joint EU gas purchasing ahead of the emergency meeting of energy ministers. continue reading →
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by Manuel Berkel
Law against high electricity prices coming in 2023
The Commission plans to present a legislative proposal for a new electricity market design next year. A Commission spokesman confirmed this to Europe.Table. A large-scale consultation is to begin already this fall. continue reading →
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by Manuel Berkel
Spain’s energy price cap becomes a model
The latest turmoil on the energy exchanges has reignited the debate about caps on electricity and gas prices. EU-wide price caps modeled on those in Spain are also being discussed, according to reports from Berlin. The economist Veronika Grimm does not think this is a good idea. continue reading →
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by Manuel Berkel
ACER concerned about fan heaters
The gas crisis could threaten the security of electricity supply, according to EU energy regulator ACER. A large proportion of consumers in the EU could use electric heaters in winter, driving up electricity demand, the Ljubljana-based authority said on Friday. This could be prompted by gas rationing or government intervention in pricing, which could make […] continue reading →
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by Manuel Berkel
Analysts: Electricity crisis outpaces gas crisis
The electricity price made another substantial jump yesterday. The price for base contracts for the coming year closed yesterday at €637.75 per megawatt hour, up 14 percent on Friday. In the meantime, prices of up to €710 were recorded on the EEX – an increase of 27 percent. According to the Montel service, analysts blamed […] continue reading →
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by Manuel Berkel
German Industry wants more compensation in exchange for abandoning gas
The auctions planned by the German government to save gas do not go far enough for the Federation of German Industries (BDI). In addition to a short-term auction model for companies to save gas, there also needs to be a second instrument for the medium-term release of gas quotas by companies. “Otherwise, the auction mechanism […] continue reading →
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by Manuel Berkel
Gas crisis: economists in favor of European coordination
In a letter to Minister Robert Habeck (Greens), the scientific advisory board of the German Ministry for Economic Affairs warns against national solo efforts in gas procurement. “If gas allocation is to be done on the basis of market prices, Germany will drive the price up and other countries may be tempted to cut off […] continue reading →
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by Manuel Berkel
‘The nuclear power plants in France are more relevant than those in Germany’
With their decision to save gas, the EU energy ministers have taken a big step toward resistance to Putin's attempts of blackmail, according to Luxembourg's Green Energy Minister Claude Turmes in an interview with Manuel Berkel. Their austerity plans will be presented by the countries of the Pentalateral Energy Forum one month earlier than expected by the Council. In addition to Luxembourg and Germany, the collaborative effort includes France, Austria, Switzerland, Belgium, and the Netherlands. continue reading →
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by Manuel Berkel
The EU’s leaky gas-saving plan
In a feat of strength, the 27 EU member states have agreed on a joint gas plan for the winter – as a signal to the Kremlin. But a large majority of the members have managed to implement exceptions for their own countries. continue reading →
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by Manuel Berkel
Gas saving with exceptions for the chemical industry
According to information obtained by Europe.Table, the member states could impose extensive gas-saving exemptions for the chemical industry today. Meanwhile, as of Wednesday morning, Gazprom will halve all gas coming through Nord Stream 1. continue reading →
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by Manuel Berkel