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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.
Russia’s weaponisation of its gas exports to Europe was the dominant element on EU gas markets from July to September 2022. Significant increases were registered across the EU electricity market with price levels reaching new unprecedented highs in Q3 2022.
On 14 and 15 January, the Commission will be represented by Executive Vice-President for the European Green Deal, Frans Timmermans, and Commissioner for Energy, Kadri Simson, at the International Renewable Energy Agency (IRENA) Assembly in Abu Dhabi, United Arab Emirates (UAE).
The European Commission has approved, under EU State aid rules, a €1.1 billion Danish scheme to support the roll-out of carbon capture and storage technologies.
The Connecting Europe Facility (CEF) Energy programme for the 2021-2027 period was extended with a cross-border renewable energy (CB RES) window.
The European Investment Fund (EIF), part of the European Investment Bank (EIB) Group, and Banco Sabadell are joining forces once again to support Spanish small businesses (SMEs) and mid-caps.