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.

In 2021, the share of renewable sources in transport reached 9.1% at EU level, a 1.2% decreased compared with 2020. The target set for 2030 by the EU directive on the promotion of the use of energy from renewable sources is 14%.

The European Union has granted EUR 1.8 billion to 16 innovative projects developing low-carbon technologies that will avoid about 125 million tonnes of CO2 emissions in the first 10 years.

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.

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 European Commission has approved,under the State aid Temporary Crisis Framework, a €100 million measure to reduce peak electricity consumption in Austria in the context of Russia's war against Ukraine

The new 230MWp capacity solar farms in Kozani in the Western Macedonia Just Transition region supported by the EIB and backed by InvestEU are part of the ambitious Greek National Energy and Climate Plan.

The European Investment Bank (EIB) and El Corte Inglés have signed a financing agreement of up to €74 million that will enable the Spanish company to bolster its energy efficiency and digital transformation plan up to 2024.

Vice-President Maroš Šefčovič chaired the first formal meeting of the Steering Board of the EU Energy Platform.