Ireland and France launch construction on Celtic interconnector

Construction has begun on the Celtic Interconnector project, uniting the electricity grids of Ireland and France through a 700MW submarine cable expected to be completed in 2026

Suspected deliberate damage to Finland’s gas pipeline

A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia beneath the Baltic Sea have sustained damage, with suspicions of a deliberate act

EU surpasses 90% gas storage target ahead of winter

The recently revealed data indicates that European gas storage levels have reached 90.12% of capacity, corresponding to more than 93 billion cubic metres of natural gas

EU green transition requires €620bn per year

According to the European Commission, achieving the goals of the Green Deal and REPowerEU will necessitate these investments, primarily sourced from private funding and Member States’ budgets

EU adopts 11th package of sanctions against Russia, including energy measures

These measures involve the end of oil imports by pipeline for Germany and Poland

EU chief urges global carbon pricing for climate finance boost

The President of the European Commission has urged world leaders to examine the implementation of global carbon pricing as a means to generate significant funding for climate finance

Europe on track to surpass 30GW annual PV manufacturing goal by 2025

Europe is poised to exceed its target of annual manufacturing capacity in the photovoltaic sector, with more than 20 new projects in the pipeline

EU aims to put an end to windfall levy on renewables

The European Commission plans to end the windfall levy on renewable energy sources as emergency measures to stabilize energy markets are no longer deemed necessary

G7 urged to collaborate rather than compete on renewables

European Commission President Ursula von der Leyen has emphasised the need for additional manufacturing capacity and secure access to critical minerals for a green transition

EU launches joint gas buying scheme

The European Commission has launched the AggregateEU mechanism, allowing European companies to register their gas purchase needs