The European Commission has approved, under EU State aid rules, a fourth Important Project of Common European Interest (‘IPCEI’) to support research, innovation and the first industrial deployment in the hydrogen value chain. The project contributes to the EU’s target of 90% reduction of emissions from the mobility and transport sectors, in order for the […]
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Eurostat: EU natural gas demand falls by 7.4% in 2023
The EU‘s demand for natural gas has been declining for 2 consecutive years. After a 13.3% yearly decrease in 2022, demand fell by another 7.4% in 2023, totalling 12.72 million terajoules in 2023. This also marks the lowest demand recorded since the collection of monthly cumulated data began in 2008. This reduction has been affected by measures outlined […]
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Council approves gas and hydrogen market package
The Council has adopted a regulation and a directive establishing common internal market rules for renewable and natural gases and hydrogen and reforming the existing EU gas legislation. The new rules will help make the shift to renewable and low-carbon gases, in particular hydrogen, in the energy system, with a view to achieving the EU’s […]
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The European Commission approves a €120 million Spanish scheme to support investments in strategic sectors of the Asturias region
The European Commission has approved a €120 million Spanish scheme to support investments in strategic sectors in the Asturias region to foster the transition to a zero net emission economy, in line with the Green Deal Industrial Plan. The scheme was approved under the Temporary Crisis and Transition Framework for state aid, adopted by the […]
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European Citizens’ Initiative on taxation of greenhouse gas emissions
The European Commission decided to register a European Citizens’ Initiative (ECI) entitled ‘Save the Planet by shifting taxation from labour to greenhouse gas emissions’. The organisers of the initiative call on the Commission to strengthen the Fit for 55 Package and the EU carbon pricing system by setting a faster phase-out of free allowances and allowing […]
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April infringement package: main decisions for Spain
The main decisions adopted by the Commission for Spain are presented below, grouped by policy area. Internal Market, Industry, Entrepreneurship and SMEs Commission urges BULGARIA, SPAIN and ROMANIA to comply with public procurement legislation The European Commission has decided to pursue infringement proceedings by sending a letter of formal notice to Romania [INFR(2023)2114] and by […]
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Commission opens two in-depth investigations under the Foreign Subsidies Regulation in the solar photovoltaic sector
The Commission launched two in-depth investigations under the Foreign Subsidies Regulation. The investigations relate to the potentially market distortive role of foreign subsidies given to bidders in a public procurement procedure. The Commission will assess whether the economic operators concerned did benefit from an unfair advantage to win public contracts in the EU. The investigations […]
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European Environment Agency: Now is the time to accelerate the shift to a more circular Europe
Despite legislative steps forward over the past five years, efforts to transform Europe’s largely linear, ‘throw-away’ economy into a circular one will require further bold action and strong implementation of existing measures. Decisive action is essential to drastically reduce waste, prioritise reduction of resource use, improve recycling rates and improve the introduction of products that […]
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Spain: EIB and Iberdrola agree a €700 million green loan for power grid expansion
The European Investment Bank (EIB) approved a €700 million green loan to expand Iberdrola’s electricity-distribution grid in Spain. An initial, €500 million tranche was signed in Madrid by EIB Director General for European Union Operations, Jean-Christophe Laloux, and Iberdrola Finance, Control and Corporate Development Director José Sainz Armada. The total investment under the project amounts […]
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