Weekend Read: Race to the top
A flurry of clean energy announcements in the European Union this year bodes well for the expansion of renewables but there will be a race against time to get key legislation adopted before next summer’s European elections.
European Commission opens antitrust probe into Greek state-owned utility
The EU executive will investigate whether power company PPC abused its dominant position in the member state’s wholesale electricity market to squeeze out competitors.
Europe approves €3.2bn to support battery R&D
The European Commission has approved use of funds given by seven member states to back Europe-wide R&D projects across the lithium-ion battery value chain, with the aim of potentially unlocking an additional €5 billion in private sector investment.
EU data protection rules could kill VPPs and other new business models
Ursula von der Leyen’s newly-appointed EU Commission is facing an early test of its credentials with the European Council caught in the crossfire over citizen data rights. The renewables industry voiced fears yesterday, at a digitalization conference in Berlin, that overstrict data protection rules could kill data-driven business models while the media is set to portray any perceived weakening of the legislation as evidence of EU lawmakers being in thrall to the Silicon Valley internet giants.
