Romania’s situation means that now, in this beginning of a possible energy crisis, things are somewhat calmer here than in some Western markets. The spot price of electricity in Romania is currently 127 euros/MWh, lower than in many markets in central and western Europe: In Germany, the daily price is 147 euros/MWh, in Austria the […]
12 months after the publication of the EU’s Action Plan for Affordable Energy, the issues linked to high and volatile energy prices have not disappeared, with a number of external factors having influenced wholesale energy prices in 2025, amongst which are the global supply patterns, weather anomalies affecting wind and hydro generation and cold spells […]
In 2023, the EU economy’s net domestic energy use was 56.1 million terajoules (-4.1% compared with 2022). Businesses and governments consumed 72.3% for their production activities, and the remaining 27.7% was consumed directly by households. When considering energy use by economic activity, manufacturing was responsible for the largest share of net domestic energy use (14.3 […]
The level of taxation applied to energy and fuels reduces the competitiveness of Romanian industry and generates additional pressures on the prices of consumer goods, argues the president of the Smart Energy Association (AEI), Dumitru Chisăliţă, in an analysis of the impact of energy costs on the economy. “Europe is not poor in people, technology […]
Romania needs an energy doctrine in which security and continuity of supply dominate the market logic, and energy autonomy is doubled by internal technological capacities, so that the state can function at peak consumption and in crisis situations, in an increasingly competitive geopolitical context, according to an analysis carried out by the Smart Energy Association […]
The European Commission is taking action against several EU Member States that have failed to notify the Commission of measures to transpose EU Directives into their national laws. These Member States have failed to fully transpose three EU directives related to energy and financial services. The deadline to transpose these Directives has expired recently and […]
The Commission and the High Representative have today presented an international strategy for securing Europe’s place in global markets. The new EU global climate and energy vision presents the EU’s offer to the world: using diplomacy to protect our core interests, promoting standards for a fair transition by assisting our partners to develop theirs, and […]
The Commission has published its assessment of the final updated National Energy and Climate Plans (NECPs) of Estonia and Slovakia (SWD/2025/282). The assessment finds that, while Estonia and Slovakia have raised their ambition compared to the draft plans, efforts are needed to implement the plans and close any remaining gaps on renewable energy, energy efficiency, […]
The world is transitioning faster than ever towards clean energy. Last year alone, global spending hit a record $2tn, with $2 invested in clean energy for every $1 in fossil fuels, according to the International Energy Agency. In the power sector, investment in clean technologies outstripped fossil fuels by 10 to 1. This shift is […]
The Commission has today launched a 4-week call for evidence on the EU energy security framework to gather input for its forthcoming planned revision. The Commission intends to table a proposal for a revised energy security framework in the first quarter of 2026. This call for evidence is an important first step in the preparation […]
More than 350,000 companies across Europe are set to make energy efficiency gains through a €17.5 billion financing initiative by the European Union. The energy efficiency for small and medium-sized enterprises (SMEs) initiative, led by the European Investment Bank (EIB) Group and supported by the European Commission, seeks to help SMEs using proven energy-saving technologies to […]
Germany’s current energy transition strategy could cost 5.4 trillion euros by 2049, placing a significant burden on businesses and households and weakening competitiveness, the German Chamber of Commerce and Industry (DIHK) said on Wednesday, Reuters reported. Berlin aims to meet 80 percent of its electricity needs from renewable sources by 2030, an intermediate step towards […]
The Commission is seeking feedback on 2 important sets of draft rules aimed at making energy markets more transparent and fairer. These rules are being developed under the Regulation (EU) 1227/2011 on Wholesale Energy Market Integrity and Transparency (REMIT), as amended in 2024, which helps promote competition among market participants by enhancing transparency of energy […]
The agreement on tariffs and trade, agreed on 27 July by the head of the European Commission, Ursula von der Leyen, and the US President, Donald J. Trump, includes the intention to purchase more liquefied natural gas (LNG), oil and nuclear fuels from the US, as well as cutting-edge technologies and investments by the end […]
