Latest news and stories about energy policy in europe in Portugal for expats and residents.
Ecologistas en Acción has criticized the Spanish government's decision to extend the Almaraz nuclear power plant's operation until 2030, warning it could set a precedent for other facilities like Ascó 1 and Cofrentes.
An analytical look at how the European Union is leveraging renewable energy sources to mitigate the economic impact of geopolitical conflicts and stabilize energy costs.
Prime Minister Montenegro advocates for a European Union guiding framework to address energy crises, emphasizing the need for crisis management mechanisms and state aid while protecting renewable energy strategies.
The Trump administration has temporarily lifted sanctions on Russian oil for one month, a move analyzed by experts regarding its limited impact on global market shortages and the potential European reaction.
Minister of Environment and Energy Maria da Graça Carvalho has ruled out nuclear energy for Portugal, asserting that the nation's high potential for solar, wind, and hydroelectric power makes renewables the only logical path for energy independence and competitiveness.
Europe is preparing another measure aimed at curbing the rise in fuel prices by releasing 42 million barrels over the next three months to increase market supply. This guarantee was provided by the French Minister of Economy, Roland Lescure, as cited by Bloomberg, during an EU energy ministers' meeting in Luxembourg. France will initiate the process by releasing 10 million barrels in the coming days. The goal is to inject oil into the market to lower prices while refining margins remain near record highs. Even so, the impact on financial markets is limited, as global daily consumption of the commodity approaches 105 million barrels. Brent crude futures were trading at $110.81 at 5:00 PM on Thursday, October 29, representing a 0.70% drop from the previous session's close. Meanwhile, the opposition accuses Netanyahu of playing with Iran out of 'fear of electoral defeat,' and Iran claims to have shot down a US drone over the Strait of Hormuz.
Artificial intelligence (AI), climate, energy, and security are the areas where the European Union (EU) and Canada intend to deepen cooperation, while exploring the possibility of Ottawa gaining 'associate member' status in the bloc, Ursula von der Leyen stated this Thursday. The President of the European Commission, who was speaking...
The Portuguese government is seeking European Union support to address the lack of energy interconnections between the Iberian Peninsula and the rest of Europe.
The Commission president warned that “Russia is not a trusted supplier of energy."
When the numbers don't help, change the subject.
The President of the European Commission, Ursula von der Leyen, outlined today measures taken to control energy prices, including joint purchases within the European Union (EU).
Head of Government explained that Portugal does not buy “products coming from that Middle Eastern geography.”
“Pressure, pressure, pressure on Russia” is the only way to end the war, Lithuania's foreign minister said.
An “OPEC of buyers” seems like a logical response to the organization of producers. The European experience with gas allows one to imagine it and understand why it remains far from simple.
In a speech at the European Parliament in Strasbourg, the President of the European Commission announced that countries exporting methane to the 27 member states will have one more year to adjust to EU rules.
This Friday afternoon, EU member state ambassadors also met in Brussels to discuss the energy situation, with a focus on diesel.
Portugal is currently facing 102 infringement procedures from the European Union, with 36 of these cases related to environmental, energy, and climate policies.
The European Commission warned on Friday (October 2nd) that a potential US ban on diesel exports would benefit no one and jeopardize Washington's status as a reliable partner. The Commission spokesperson, Anna-Kaisa Itkonen, stated that the EU is prepared to act in a coordinated manner with international partners if necessary, while emphasizing that current fuel supplies remain stable. The warning follows reports that the Trump administration is considering a 90-day export ban to lower energy costs ahead of the midterm elections, a move that has sparked concerns over a potential refining shock.
European nations are considering the release of strategic fuel reserves.
The European Commissioner in charge argues that the EU must accelerate the transition to internally produced energy sources, reducing exposure to fossil fuel imports.
Maria da Graça Carvalho was in Brussels to draw attention to Portugal's situation regarding energy.
“We hope that Europe will be more involved in this crisis, as it was in the 2022 crisis, during the invasion of Ukraine,” said Maria da Graça Carvalho.
In a letter seen by POLITICO, Energy Commissioner Dan Jørgensen asked ministers to introduce new measures “in the context of constrained global supply.”
Three European countries have already presented national roadmaps to phase out coal, oil and gas. All are betting on electrification, but only France has set a date for each fuel.
The European Commission assured that gas supply in the EU remains stable, despite storage levels being below historical values. It also guaranteed that it will closely monitor risks to the energy market before winter. Oil shortages are expected to last until 2027.
In a letter accessed by RTP Antena 1, the Energy Commissioner asks all energy ministers of European Union member states to call for a reduction in gas and electricity consumption.
The French president wants the European Commission to delay a law that would fine oil and gas companies which fail to report methane emissions.
With a view to strengthening cooperation in the energy sector, Macron suggested increasing Canadian natural gas exports to Europe.
The European Commission acknowledged on Friday, September 18, that several EU member states, including Portugal, are advocating for a European-level tax on the windfall profits of oil companies, while maintaining that countries can already implement such taxes individually. European Commissioner for the Economy, Valdis Dombrovskis, stated in Dublin that the Commission is available to support member states in this process. Meanwhile, Portuguese Finance Minister Joaquim Miranda Sarmento suggested that the Commission could use the Portuguese national methodology as a basis for a potential European solution. Ireland, currently holding the rotating presidency of the Council of the EU, indicated it may ask the Commission to revisit the issue at the formal Ecofin meeting in October.
Brussels has been considering that the taxation of windfall profits is a competence of the member states, provided that national measures respect EU law.
