As gas prices retreat due to warm weather and full stocks, the German government will caution against EU energy market interventions at an EU leaders’ meeting on Thursday (20 October).

The Capitals brings you the latest news from across Europe, through on-the-ground reporting by EURACTIV’s media network.

Romanian state-run company Romgaz signed with Azeri SOCAR a memorandum of understanding for joint investment in liquefied natural gas (LNG) facilities in the Black Sea.

…with analysts predicting more deals to be announced. “We expect the global LNG market to tighten as it heads into the Northern Hemisphere winter, and…

Wind and solar energy sources accounted for a record 24% of EU electricity generation between March and September this year, equal to 345 terawatt hours, growing by a record 39 TWh year-on-year.

Renewable energies have allowed the European Union to avoid €99 billion in fossil gas imports since the beginning of the war in Ukraine.

Restarting nuclear reactors would help ease the impact of a weak yen on the Japanese economy by reducing fuel imports for power generation, the industry minister said Tuesday.

…The commission said use of the TTF as a basis for the gas price cap was intended as a stop-gap measure while it worked on a new benchmark based on the price of LNG imports….

The European Commission put forward proposals on Tuesday (18 October) to introduce a dynamic price ceiling for gas imported in the EU, but left the details of how this should be done for later, saying it first needs input from member states.

… LNG prices have soared globally since Russia’s invasion of Ukraine….