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The loan will fund the expansion of the national electricity distribution network, including the installation of automation technology and remotely controlled energy supply systems.

Statement by President von der Leyen on ‘REPowerEU: outlook on EU gas supply in 2023'.

Today, the Commission together with industrial actors, research institutes, associations and other relevant parties launched the European Solar PV Industry Alliance.

EU Member States have given green light to a Commission proposal to invest €602 million of EU funds in eight cross-border energy infrastructure projects under the Connecting Europe Facility for trans-European energy networks.

Today, the Commission has adopted all five Polish Operational Programmes with Territorial Just Transition Plans (TJTPs).

The European Commission has approved, under EU State aid rules, a €26.3 million Finnish aid measure to support Suomen Energiavarasto Oy (‘SEVO') in the construction of an underground hydroelectric pump storage facility.

The cap has been set at a maximum price of 60 USD per barrel for crude oil and is adjustable in the future in order to respond to market developments.

In 2020, the industry sector accounted for 26% of final energy consumption, which makes it the third largest energy end-user in the EU, after transport and households.

The EU and Japan have today intensified their cooperation on hydrogen with the signature of a Memorandum of Cooperation to spur innovation and develop an international hydrogen market.