Bloomberg The UK government should learn from California and incentivize energy-storage technology to help move away from dirty fuels, a cross-party panel of lawmakers said. Ministers should reform the Capacity Market, a subsidy program designed to lower the risk of blackouts, to reward both energy-storage projects and power users who lower consumption at times of high demand, Parliament’s Energy and ...

  Bloomberg Belgium’s government averted a political crisis by relegating plans to cut the tax rate on corporate profits and calls for a capital gains levy to further review as the conflict threatened to derail a last-minute budget deal. “You can’t let things like this depend on the outcome of a deal struck in early hours,” said Deputy Prime Minister ...

  Bloomberg France’s lowest water reservoir levels in a decade are helping to bolster power prices that are 50 percent above last year’s levels even as a reduction in nuclear supply is expected to ease. Hydropower generation is forecast to be the lowest for 10 years this month, according to consultants Pira Energy Group. It’s already 1.4 gigawatts below last ...