During yesterday’s European Council, EU leaders met to discuss the new energy shock hitting Europe, with some of them looking towards deregulation measures and major changes to the EU Emissions Trading System (ETS) as possible solutions.
The European Commission in Kyiv offered a new support package to Ukraine to secure its energy system and enable its full integration into the European energy market.
Estonia, Latvia and Lithuania successfully integrated into the EU internal energy market Sunday, becoming fully independent from Russia’s and Belarus’s electricity systems.
The EU Commission allocated €422 million to 39 innovative projects across the EU Thursday, aimed at deploying alternative fuels supply infrastructure along the trans-European transport network.
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The EU is to allocate almost €1.25 billion in grants to 41 cross-border energy infrastructure projects, the largest call for proposals under the Energy programme of its Connecting Europe Facility.
The EU Commission set out a major initiative Wednesday to strengthen EU competitiveness by boosting innovation and investment, securing access to raw materials and clean energy, and cutting red tape.
