Energy Prices Stabilize but Remain High as Europe Faces Market Challenges

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[…]

State of the Energy Union Report 2024 shows EU progress

The European Commission has published the State of the Energy Union Report 2024 which describes how the EU has managed unprecedented challenges in the energy policy landscape during this Commission’s mandate, equipping the EU with a regulatory framework for pursuing the clean energy transition and laying the foundations for renewed economic growth and competitiveness. Crucially, over the past years, the EU Read more about State of the Energy Union Report 2024 shows EU progress[…]