Energy Prices Stabilize but Remain High as Europe Faces Market Challenges

Posted on Thursday September 12th, 2024 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[…]

Energy Performance of Buildings Directive adopted

Posted on Sunday April 14th, 2024 by Haptic

The Commission welcomes today’s final adoption of the strengthened Energy Performance of Buildings Directive, another milestone of the European Green Deal. This legislation sets the framework for Member States to reduce emissions and energy use in buildings across the EU, from homes and workplaces to schools, hospitals and other public buildings. This will help improve people’s health and quality of Read more about Energy Performance of Buildings Directive adopted[…]

State aid: Commission approves €246 million Dutch scheme to support renewable hydrogen production

Posted on Thursday August 3rd, 2023 by Haptic

The European Commission has approved, under EU State aid rules, a €246 million Dutch scheme to support the production of renewable hydrogen. The measure aims to contribute to the development of renewable hydrogen in line with the objectives of the EU Hydrogen Strategy and the European Green Deal. The scheme will also contribute to the objectives of the REPowerEU Read more about State aid: Commission approves €246 million Dutch scheme to support renewable hydrogen production[…]

EU invests €62 million in small-scale clean tech projects

Posted on Thursday December 15th, 2022 by Haptic

The EU is investing over €62 million in 17 small-scale innovative clean-tech projects with a fourth round of awards under the EU Innovation Fund. Grants disbursed help bring breakthrough technologies to the market in energy-intensive industries, renewable energy, hydrogen, and energy storage. This will accelerate Europe’s clean energy transition and decarbonisation, across a large geographic Read more about EU invests €62 million in small-scale clean tech projects[…]

European Solar PV Industry Alliance

Posted on Sunday December 11th, 2022Sunday December 11th, 2022 by Haptic

The Commission together with industrial actors, research institutes, associations and other relevant parties launched the European Solar PV Industry Alliance. The alliance will help mitigating supply risk by securing diversification of supplies through more diverse imports and scaled up solar PV manufacturing of innovative and sustainable solar PVs in the EU. In a joint statement, the Read more about European Solar PV Industry Alliance[…]

State aid: Commission approves €500 million Romanian scheme

Posted on Friday November 18th, 2022 by Haptic

The European Commission has approved an approximately €500 million (RON 2,500 million) Romanian scheme to support companies across sectors in the context of Russia’s war against Ukraine. The scheme was approved under the State aid Temporary Crisis Framework, adopted by the Commission on 23 March 2022 and amended on 20 July 2022 and on 28 October 2022, based on Article 107(3)(b) Read more about State aid: Commission approves €500 million Romanian scheme[…]

Share of renewable energy to be raised to 45% by 2030

Posted on Thursday September 1st, 2022 by Haptic

The Industry, Research and Energy Committee wants to accelerate substantially the deployment of renewable energy, and the reduction of energy consumption, by 2030. On Wednesday 13 July, MEPs voted to raise the share of renewables in the EU’s final energy consumption to 45% by 2030, under the revision of the Renewable Energy Directive (RED) -a Read more about Share of renewable energy to be raised to 45% by 2030[…]