News

In the second quarter of 2026, 54.1% of the electricity generated in the EU came from renewable energy sources, a slight decrease from 54.3% in the same period of 2025.

Commissioner Dan Jørgensen at Greensand’s launch: ‘Carbon storage is now a reality.’ Europe’s first full-scale CO₂ storage project marks a milestone for climate action, proving that decarbonization and competitiveness go hand in hand.

The European Commission has today approved grants worth €125.81 million to finance works actions on three Cross-Border Renewable Energy (CB RES) projects.

Total energy subsidies in the EU in 2024 amounted to €340 billion, 5% down on 2023 and significantly lower (-25%) than at the height of the crisis in 2022 (€ 457 billion), according to a new Report on energy subsidies in the EU by the Commission.

Today, the global clean energy transition is firmly underway and has become an engine for competitiveness, resilience and prosperity.

Commissioner Dan Jørgensen: ‘The age of fossil fuels is over.’ With the EU Emissions Trading System review and Electrification Action Plan, Europe chooses clean electrons over black molecules—cutting costs, boosting security, and leading the green transition.

The European Investment Bank (EIB) is providing a €100 million loan to help transform Lithuania’s largest seaport, Klaipėda, into a strategic gateway for defence, energy and trade in the Baltic region.

The European Investment Bank (EIB) is investing up to €40 million in Finnish nuclear-technology company Steady Energy as part of a broader financing package involving institutional, strategic and retail investors.

The Commission and the European University Institute are launching the Energy Regulation Academy (EnRA), a new EU-funded initiative designed to help national authorities translate electricity market reforms into practical results across all members.