The Commission welcomes the provisional agreement reached today by the European Parliament and the Council on the reform of the EU s electricity market design. This deal will help the EU build a renewables-based energy system, lower energy bills and better protect consumers from price spikes and empower them to benefit from the transition. It will […]
Europe is lagging behind in the deployment of clean energy technologies but a new EU initiative called the Net Zero Industry Act aims to improve the situation. The case for supporting clean energy technologies The deployment of clean energy technologies, such as solar and wind energy installations but also carbon storage, is essential for reaching […]
The European Investment Bank has approved framework financing of up to €1.7 billion for Solaria to support the construction of some 120 photovoltaic power plants mostly located in Spain, as well as Italy and Portugal. The project is backed by the InvestEU programme. The photovoltaic power plants will have a total capacity of approximately 5.6 […]
Ahead of President von der Leyen s State of the Union address on 13 September 2023, the Commission has released an overview of its work and achievements over the past year. This comprehensive publication describes the EU s actions in response to Russia s war of aggression against Ukraine and our efforts to cut the EU s dependence on […]