In an extraordinary meeting last March 18, the International Energy Agency (IEA) Governing Board took stock of the latest situation on oil markets and its effect on prices and security of supply. In the discussion, the Commission welcomed the IEA-coordinated action to make around 400 million barrels of oil available to the global market to offset losses in supply and to instill stability. It has been […]
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Commission presents measures to increase EU energy independence and affordability
The European Commission presented the first initiatives to boost investment in local clean energy solutions, increase resilience and reduce energy prices. The current geopolitical context reminds us once again of the risks associated with Europe’s dependence on imported fossil fuels. Citizens and industries are rightly concerned about high energy prices. Clean energy sources remain the […]
Read MoreThe EU invests €650 million in cross-border energy infrastructure
The European Commission will allocate around €650 million in grants from the Connecting Europe Facility (CEF) to help finance fourteen cross-border energy infrastructure projects. These projects will play a key role in strengthening the EU’s energy security, increasing the integration of renewable energies and, consequently, Europe’s competitiveness. As highlighted in the recently adopted European electricity […]
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Commission approves Spanish state aid for electricity cogeneration
The European Commission has approved, in accordance with EU state aid rules, a €3.1 billion Spanish programme to support electricity production from new or substantially refurbished high-efficiency combined heat and power (CHP) plants. This measure will contribute to the implementation of Spain’s National Energy and Climate Plan, the Clean Industrial Pactand theEU’senergy efficiencytargets. The Spanish […]
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Commission boosts energy interconnectivity across Europe
Last December 1, the Commission has granted 235 cross-border energy projects the status of Projects of Common Interest (PCIs) and Projects of Mutual Interest (PMIs) – the second such list since its launch in 2023. The selected projects will be eligible to apply for EU financing from the Connecting Europe Facility and will benefit from expedited permitting and regulatory […]
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Spain, Croatia, Japan, Italy, Italy and Fusion for Energy team up to build IFMIF-DONES
Representatives of the European Commission, Fusion for Energy (F4E), Spain, Croatia, Japan and Italy signed the Multilateral International DONES Agreement (MIDA) on 21 November. The pact consolidates international collaboration to develop fusion energy at the particle accelerator in Escúzar (Granada). Fusion can provide a clean, safe, sustainable and virtually limitless source of energy, replicating the […]
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EC invests 2.9 billion for zero emission technology projects, six of them in Spain
The European Commission announced on 6 November a total funding of 2.9 billion for 61 cutting-edge projects, six of them Spanish, in net zero emission technologies under the Innovation Fund. The Innovation Fund is one of the world’s largest funding programmes for the deployment of innovative zero net emission and low-carbon technologies. It is financed […]
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Will the EU ban the sale or renting of homes with low energy labels?
There is an idea circulating in some media and social networks that the European Union will ban the sale or rental of homes with the lowest energy labels (E, F and G) from certain dates, such as 2030 or 2033. This information is erroneous. In reality, the European Energy Performance of Buildings Directive does not […]
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Council agrees its position on rules to phase out Russian gas imports under REPowerEU
The Council today agreed on its negotiating position on the draft regulation to phase out imports of Russian natural gas. The regulation constitutes a central element of the EU’s REPowerEU roadmap to end dependency on Russian energy, following Russia’s weaponisation of gas supplies and repeated disruptions of gas supplies to the EU with significant effects on the European […]
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