News (1370)
RSSAhead of the October European Council, President von der Leyen debates with Members of the European Parliament how to tackle high energy costs for families and industry.

The European Commission has launched a 4-week call for applications for membership of the newly established Energy Transition Investment Council (ETIC) expert group and its National Promotional Banks and Institution (NPBI) and International Financial Institution (IFI) Coordination sub-group.

The Energy Union Task Force - Security has met today to discuss the latest developments concerning the situation on the diesel market and impact on prices.
Today, we, the Leaders of the G7, convened a virtual meeting to address the deepening challenges to our energy security.

The European Commission has approved three new cross-border renewable energy projects under the fifth call for CB RES status: WIND, DEPLOY and ZEGA-LINNK. Following this update, and after the withdrawal of PONTIS from the list, the number of projects holding CB RES status now stands at 15.

In the list of October infringements, there are 2 energy-related letters of formal notice and additional letters of formal notice, 5 reasoned opinions and 1 referral to the court of Justice.
The European Investment Bank (EIB) is providing €100 million for Dama Solar, a new large-scale solar power plant being developed by Rezolv Energy in Arad County, western Romania.

As Europe moves towards greater electrification, retail energy markets will increasingly shape the costs and opportunities for consumers. How electricity is priced and how consumers can respond to changing prices will influence whether households can benefit financially from this transition.

Commissioner Dan Jørgensen: ‘Thank you, Minister, for hosting these important discussions here in Dublin. And thank you for putting energy affordability and security at the top of the agenda. Months after the start of the conflict in Iran, it is clear that we are still facing an energy price crisis'

The Oil Coordination Group met again today to take stock of the current oil market situation.