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 […]
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 […]
United and prepared against energy supply disruptions
Ministers held an exchange of views on the state of play of security of supply and preparations for winter 2024-2025. Among other things, they addressed ways to avoid, both individually and collectively, new price shocks and to strengthen energy security, while achieving the established targets on decarbonisation and on phasing out Russian fossil fuels. Different […]
Parliament backs deeper political and economic ties with Chile
On Thursday, MEPs approved the EU-Chile Advanced Framework Agreement and its complementing deal on trade and investment liberalisation. The agreements lay down the framework for deeper and broader political and economic cooperation between the like-minded partners on global issues, such as foreign and security matters, sustainable development, environmental protection, climate change, sustainable energy, rule of […]
EU leads global initiative at COP28 to triple renewable energy capacity and double energy efficiency measures
At the World Climate Action Summit in Dubai, President Ursula von der Leyen launched the Global Pledge on Renewables and Energy Efficiency together with the COP28 Presidency and 118 countries. This initiative, first proposed by the Commission President at the Major Economies Forum in April, sets global targets to triple the installed capacity of renewable energy to at least 11 terawatts (TW) and […]
Commission sets out immediate actions to support the European wind power industry
Achieving the recently agreed EU target of at least 42.5% renewable energy by 2030, with an ambition to reach 45% renewables, will require a massive increase in wind installed capacity with an expected growth from 204 GW in 2022 to more than 500 GW in 2030. While the wind power sector is a historical EU success […]
European Parliament back plans to boost use of renewable energy
Parliament on Tuesday voted to boost the deployment of renewable energy, in line with the Green Deal and REPowerEU plans. The update of the Renewable Energy Directive (RED), already agreed upon between MEPs and Council, raises the share of renewables in the EU’s final energy consumption to 42.5% by 2030. Member states should strive to […]
Europeans approve measures taken to tackle the energy crisis, to promote sustainability and to support Ukraine
The last Flash Eurobarometer survey shows an overwhelming support among Europeans for the measures taken over the last year to protect consumers and companies from volatility of energy prices, as well as action to foster energy security and the green transition. It also confirms a large consensus among EU citizens in favour of boosting clean […]
European Parliament approves law on sustainable marine fuels
MEPs adopted new rules on cleaner maritime fuels. During the negotiations with Council, they ensured that ships will have to gradually reduce greenhouse gas (GHG) emissions by cutting the amount of GHG in the energy they use (below 2020 level) by 2% as of 2025 to 80% as of 2050. This would apply to ships […]