Tag: energy costs

Steel and Metals Strategy: Charting a Resilient and Green Future for Europe

Posted on by Haptic

Why is the Commission presenting an Action Plan for the European Steel and Metals industry? Steel and metals are the backbone of Europe’s industrial economy, essential for the energy, transport, construction, and defence sectors. To remain globally competitive, the European steel and metals industry must address challenges arising from high energy costs and intensifying international Read more about Steel and Metals Strategy: Charting a Resilient and Green Future for Europe[…]

Energy Prices Stabilize but Remain High as Europe Faces Market Challenges

Posted on by Haptic

Energy prices across Europe have drastically fallen from the 2022 crisis peaks, but they remain significantly higher than pre-crisis levels, causing economic strain on both industries and consumers. Despite these challenges, the EU continues to push forward with its ambitious clean energy transition outlined in the 2024 State of the Energy Union Report. According to Read more about Energy Prices Stabilize but Remain High as Europe Faces Market Challenges[…]