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EU power suppl. delay payments for vulnerable consumers

- European power sector calls EU institutions to take necessary measures to help energy companies

home > Electricity, Europe 01.04.2020 11:27 Nuran Erkul

EU power suppl. delay payments for vulnerable consumers

A number of European companies postponed the payments of invoices for the vulnerable customers and small businesses facing severe difficulties due to the novel coronavirus (COVID-19), a report from Eurelectric, the organization representing electricity industry in European countries said late Tuesday.

"The distruption caused by the COVID-19 highlights how much modern societies rely on electricity. As providers of essential services, energy companies have protocols and contingency plans in place to ensure the normal operation of their facilities and delivery of services," the organization said in a report that focuses on the impacts of COVID-19 on customers and society in general.

"Many electricity suppliers are postponing the payment of invoices of vulnerable customers and small businesses facing severe difficulties. A number of energy companies in Europe have also taken voluntary measures to support their customers such as payment arrangements and no disconnection policy," the report said.

The European power industry also called EU institutions to consider additional action or greater flexibility over guidelines and regulations where needed to allow specialized personnel to travel for inspection, operation and maintenance of critical installations.

The Eurelectric asked the EU institutions to take necessary measures to help energy companies tackle the financial pressure resulting from government decisions to postpone the payment invoices where applicable.

The report reveals that the electricity demand has been affected differently across markets in Europe.

Italy and France saw huge power demand fall by around 20% while the prices also dropped by 40% in European markets down to €20 per megawatthour.

In Spain, electricity demand decreased by 3% while the day ahead market price dropped by 41% in March 2020 compared to the same period of last year.


By Nuran Erkul Kaya

Anadolu Agency

energy@aa.com.tr


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Spot market electricity prices for Tuesday, March 27

- Energy Exchange Istanbul (EXIST) data shows trade volume as 76.08 million Turkish liras for electricity market
26.03.2018 Finance , Electricity , Turkey , General

Spot market electricity prices for Sunday, March 4

- Energy Exchange Istanbul (EXIST) data shows trade volume as 42.92 million Turkish liras for electricity market
04.03.2018 Electricity , Electricity , Turkey , General

Spot market electricity prices for week ending January 21

- Turkey's Energy Exchange Istanbul (EXIST) data shows trade volume of 576.02 million Turkish liras for this week's electricity mkt.
22.01.2018 Electricity , Electricity , Turkey

Spot market electricity prices for Thursday, Jan. 18

- Energy Exchange Istanbul (EXIST) data shows trade volume as 89.65 million Turkish liras for electricity market
17.01.2018 Finance , Electricity , Turkey

Restructure of UK's energy regulator Ofgem set for Apr.

- Ofgem's three new divisions include Consumers and Markets, System Operation and Networks, and Corporate & Scheme Services
16.01.2018 Natural Gas , Electricity , Europe

Spot market electricity prices for Saturday, Jan. 13

- Energy Exchange Istanbul (EXIST) data shows trade volume as 79.71 million Turkish liras for electricity market
12.01.2018 Electricity , Electricity , Turkey

Spot market electricity prices for Sunday, Dec. 31

- Energy Exchange Istanbul (EXIST) data shows trade volume as 42.69 million Turkish liras for electricity market
31.12.2017 Electricity , Electricity , Turkey

Spot market electricity prices for Thursday, Dec. 21

- Energy Exchange Istanbul (EXIST) data shows trade volume as 60.63 million Turkish liras for electricity market
20.12.2017 Electricity , Finance , Electricity , Turkey

Spot market electricity prices for Tuesday, Dec. 19

- Energy Exchange Istanbul (EXIST) data shows trade volume as 59.70 million Turkish liras for electricity market
18.12.2017 Electricity , Turkey

Spot market electricity prices for Friday, Dec. 8

- Energy Exchange Istanbul (EXIST) data shows trade volume as 62.99 million Turkish liras for electricity market
07.12.2017 Electricity , Electricity , Turkey

Turkey's Gersan, Tesla to build electric-charging stns.

- Gersan and Tesla will evaluate areas for production and installation of AC/DC electricity charging stations in Turkey
06.12.2017 Electricity , Renewable , Turkey

Spot market electricity prices for Monday, Nov. 27

- Energy Exchange Istanbul (EXIST) data shows trade volume as 63.75 million Turkish liras for electricity market
26.11.2017 Invesments , Electricity , Turkey

Spot market electricity prices for Friday, Nov. 24

- Energy Exchange Istanbul (EXIST) data shows trade volume as 72.77 million Turkish liras for electricity market
24.11.2017 Electricity , Finance , Electricity , Turkey

Spot market electricity prices for Thursday, Nov. 23

- Energy Exchange Istanbul (EXIST) data shows trade volume as 74.41 million Turkish liras for electricity market
22.11.2017 Electricity , Invesments , Electricity , Turkey

Spot market electricity prices for Sunday, Nov. 12

- Energy Exchange Istanbul (EXIST) data shows trade volume as 44.9 million Turkish liras for electricity market
12.11.2017 Electricity , Electricity , Turkey

Common Mediterranean energy market is achievable

- Governments play key role in energy legislation for growing demand and to achieve the Med's ambitious renewables target
02.12.2016 Regulation , Natural Gas , Electricity

Turkey's EMRA takes the vice-presidency in MEDREG

- A Turkish official from Turkey's Energy Regulator is selected as the vice-president of Mediterranean Energy Regulators (MEDREG)
30.11.2016 Regulation , Electricity

Medit. energy regulators meet to elect new governance

- Mediterranean Energy Regulators to select authority for two-year presidency term
30.11.2016 Regulation , Natural Gas , Electricity

Spot market electricity prices for Wednesday, Nov. 16

- Turkish Energy Stock Market (EPIAS) data shows trade volume as 98.4 million Turkish liras for the electricity market
15.11.2016 Electricity , Finance , Regulation , Electricity

No hike in electricity price in third quarter of 2016

-No price rise determined in electricity bills for third quarter of 2016, Turkish energy watchdog says rn
30.06.2016 Regulation , Electricity

Mineral Res. & Exploration to extend research overseas

Turkey’s state-owned mineral research company rules to allow work overseas and establish companies abroadrn
17.06.2016 Electricity , Coal , Regulation , Electricity

Turkey aims to reduce electricity leakage rate

Turkey will decrease electricity leakage rate to single digit levels, energy minister says
02.06.2016 Electricity , Nuclear , Regulation , Electricity

6.8% power price hike to boost Turkey's dist. system

- Turkey will use income from power price increase to boost power distribution system, says energy watchdog's head
08.02.2016 Regulation , Electricity

US, China improve policies to limit carbon emissions

- Both countries are revising policies to limit their carbon emissions to a greater extent
19.11.2015 Regulation , Electricity

24 US states sue govt. due to Obama's clean power plan

- Opponents of Clean Power Plan claim that Environmental Protection Agency does not have authority to interfere with state regulations
24.10.2015 Renewable , Solar , Regulation , Electricity , Energy Diplomacy , Energy Security

India struggles with electricity T&D losses

- Electricity transmission and distribution losses account for 20% of India's total generation - one of the world's highest
22.10.2015 Electricity , Thermal , Regulation , Electricity

New method to solve Turkey's electricity transm. issues

- New maintenance technique solves electricity issues without any interruptions in the grid
18.10.2015 Electricity , Thermal , Regulation , Electricity

Turkey's energy watchdog grants 14 new licenses

- Turkey's energy watchdog granted licenses to 14 energy companies, while cancelling 20 licenses
17.10.2015 Regulation , Oil , Electricity , LPG

Greece: Parliament approves economic reforms for bailout

- Reforms included a later retirement age, tougher punishment for tax evasion, and labor and energymarket liberalization
17.10.2015 Regulation , Electricity

1,300 gas stations sign new distributor deals in Turkey

- 1,300 gas stations in Turkey either renew or sign new 5 year distributor contracts
12.10.2015 Regulation , Electricity

Turkey to take precautions to secure general elections

- Turkey is taking precautions to secure country's general elections on November 1
11.10.2015 Regulation , Electricity

Turkish consumers to choose their electricity suppliers

- Consumers will be able to choose among different vendors to buy electricity with more economic rates, EMRA says
10.10.2015 Regulation , Electricity

Tariff bonus for Turkish companies from energy watchdog

- Turkey's energy watchdog is planning to reward electricity generation companies, in case of no deadly work accident in a year
25.09.2015 Regulation , Electricity

A new chapter in Turkish energy market begins with EPIAS

- \"EPIAS will provide transparency to carry Turkey's electricity market forward,\" head of Turkey's energy watchdog says
12.09.2015 Electricity , Finance , Thermal , Regulation , Invesments , Electricity

Turkey's energy ministry fines mining companies

05.07.2015 Regulation , Electricity

US Supreme Court halts Obama's environmental initiative

- Court strikes down initiative to limit mercury, other toxic pollutants for lacking cost-benefit consideration
30.06.2015 Electricity , Coal , Regulation , Electricity

Turkey energy watchdog issues pre-license for nuclear plant

- EMRA grants pre-license to Akkuyu Nuclear company, reserves full license for after construction and environment permits
25.06.2015 Electricity , Nuclear , Regulation , Electricity

Holland orders further cut to greenhouse gas emissions

24.06.2015 Regulation , Oil , Electricity , Renewable

Mexico tenders 24 energy projects worth $9.8 billion

- Projects aim to strengthen country's natural gas and electricity infrastructure
23.06.2015 Finance , Regulation , Projects , Electricity

Turkey set for electricity mid-day market on July 1

12.06.2015 Regulation , Electricity

Energy Regulation conf. shows Turkey's energy potential

- 6th World Forum on Energy Regulation demonstrates Turkey's energy potential to global players, Enerjisa head stated
28.05.2015 Regulation , Electricity

Turkey to host 6th World Forum on Energy Regulation

-Sixth World Forum on Energy Regulation will be bridge for energy regulators from different parts of world: EMRA's president
22.05.2015 Regulation , Electricity , Energy Diplomacy , International Organization

Dep. Director Gen. Ayerden appointed as TETAS' new head

- Ayerden appointed as new Director Gen. of Turkish Electricity Trade and Contracting Corporation: Turkish Official Gazette
15.05.2015 Electricity , Coal , Regulation , Electricity

Washington power outage signals wider infrastructure woes

- ‘The inter-relatedness of the system is one of the things that is clearly a tie-in for today,’ says one expert.
08.04.2015 Electricity , Thermal , Regulation , Electricity
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