Brussels-backed storage schemes could reduce electricity-price spikes and reliance on gas-fired generation—but may also deepen Europe’s dependence on imported batteries, components and raw materials. By Paolo Licandro – 3-minute read Brussels, 3 August 2026 Europe is directing billions of euros towards electricity-storage projects in an effort to integrate renewable generation, stabilise power grids and reduce […]
Brussels, 2 August 2026 The next enlargement of the euro area is not yet in sight. The European Commission’s 2026 Convergence Report concludes that Czechia, Hungary, Poland, Romania and Sweden do not currently meet all the conditions required to adopt the single currency. The five countries present very different economic profiles. Czechia and Sweden already […]
Agreement made between Germany and the Commission on e-fuels. Yesterday, despite a blocking minority who had threatened not to adopt the new rules, the Council of the EU adopted a regulation setting stricter CO2 emission performance standards for new cars and vans from 2035. The new rules aim to reduce emissions from road transport that has the […]
EU is investing over €1.8 billion in 17 large-scale innovative clean-tech projects with a third round of awards under the Innovation Fund. Next projects will be financed in Autumn 2022. Grants will be disbursed from the Innovation Fund to help bring breakthrough technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of […]
