Electricity Market Design: Commission launches consultation on reform to support a clean and affordable energy transition
Today, the European Commission is launching a public consultation on the reform of the European Union's electricity market design to better protect consumers from excessive price volatility, support their access to secure energy from clean sources, and make the market more resilient.
EU countries have agreed on new, ambitious long-term goals for the deployment of offshore renewable energy up to 2050 in each of the EU’s five sea basins, with intermediate objectives to be achieved by 2030 and 2040.
The share of gross final energy consumption from renewable sources at EU level reached 21.8% in 2021. Compared with 2020, this was a 0.3 percentage points (pp) decrease and the first decrease ever recorded.
Reducing energy consumption and achieving energy savings is essential to deliver the European Green Deal.
Energy from renewable sources reduces greenhouse gas emissions and lowers our dependence on imported fossil fuels.
The EU's integrated internal energy market helps to keep energy affordable and guarantee secure supplies.
The EU's strategy for secure, competitive, and sustainable energy.
Ensuring the efficient and responsible use of fossil fuels.
A modern energy infrastructure, connecting markets and regions, is crucial to meet EU’s energy and climate goals.
The EU works to ensure that energy supplies from abroad are secure and affordable.
Innovation in low-carbon and clean energy technologies are essential to fulfil the EU’s energy union strategy.
EU programmes, calls for tenders and private-public initiatives to finance energy projects.
EU energy cooperation with countries around the world and international institutions.
The EU aims to ensure safe and secure use of civil nuclear energy which generates almost 30% of its electricity.
Our energy systems need to be sufficiently flexible to facilitate cross-border, cross-sector innovation and investment.
- Status: Open
Russia’s unjustified military aggression against Ukraine and its weaponisation of gas supplies have provoked an unprecedented energy crisis for the EU. They have caused a sharp rise in energy prices and compromised our security of energy supply. This exceptional situation requires a strong and coordinated response from the EU. The new measures proposed now aim to strengthen the resilience and efficiency of the Energy Union for the coming winters.