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Europe Today

More 'targeted measures' are needed to tackle high energy bills - IMF

The International Monetary Fund (IMF) said vulnerable households should be the main target of energy price relief measures and urged EU governments to guarantee that these won't do "more damage than good".

Europe Today

Short conflict in the Middle East or recession in Europe, IMF warns

The IMF’s outlook for Europe remains closely tied to geopolitical developments. A prolonged crisis risks tipping Europe into recession.

Europe News

Belgium reopens the nuclear door in high-stakes deal with Engie

The business venture aims to reach an agreement on the takeover of the nuclear fleet by 1 October, but it's unclear how much Belgium will pay for this nuclear renaissance.

Europe News

Croatia deepens US gas ties with Balkan pipeline push

US-backed pipeline and LNG expansion promise energy security but raise concerns over long-term fossil fuel dependence, environmental risks and tensions with EU climate and market rules.

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EU.XL

Czechia: A small country with big nuclear energy ambitions

Czechia stands out in Europe for its bold pursuit of nuclear energy sovereignty and its ambition to lead in atomic power as it cuts reliance on fossil fuels.

Europe News

Brussels eases aid rules to counter Iran war fuel crisis

Brussels loosens state aid rules as Middle East turmoil drives up fuel and fertiliser costs, allowing governments to cushion farmers, hauliers and industry with emergency subsidies.

EU.XL

Europe revives renewables and nuclear to address the energy crisis

Brussels is looking for a long-term fix, putting both renewables and nuclear back on the table after the Strait of Hormuz closure sent energy bills soaring. Watch the video!

EU.XL

What is Europe doing to avoid a new energy crisis? Ask the Euronews AI

EU fossil fuel imports have increased by €24 billion since the US-Iran war, with oil prices up 60 per cent and gas 70 per cent. How will the EU’s new AccelerateEU plan avoid a full-scale energy shortage? Ask the Euronews AI chatbot.

Europe News

EU lawmakers take aim at luxury flights amid energy supply concerns

The call comes as Europe’s aviation sector braces for widespread disruption, with airlines warning of flight cancellations. Against this backdrop, European lawmakers argue that continued unrestricted use of private jets represents a glaring inequity.

Europe Today

EU energy commissioner warns of 'very difficult years ahead'

European Energy Commissioner Dan Jørgensen has warned in exclusive comments to Euronews that, even if the Middle East conflict is resolved, energy prices will not stabilise to pre-war levels for years.

Europe News

'High energy prices to last for months or years,' Commissioner says

The European Commission announced on Wednesday a new 'fuel observatory' to monitor jet fuel stocks and prevent EU countries from hoarding fuel at others' expense.

Europe News

EU offers energy vouchers and VAT reductions to struggling consumers

The European Commission's short-term protections are paired with expectations of behavioural change, including reduced energy consumption or participation in demand flexibility schemes.

Europe News

Euroviews. Opinion: Europe is subsidising its way into a deeper energy crisis

Energy crisis: Governments should replace blanket tax cuts and price caps with direct income transfers for vulnerable households, liquidity support and non-earmarked tax credits for exposed sectors, writes Judith Arnal, State Economist in Spain, in an opinion piece for Euronews.

Europe News

EU to secure jet fuel from the United States amid shortage fears

EU Transport Commissioner Apostolos Tzitzikostas has said there are no indications of jet fuel shortages, but stressed the importance of acting quickly and appropriately. The use of emergency stocks is under consideration "if real supply issues arise".

Earth News

Fossil fuel power falls despite Hormuz crisis as renewables step in

Fears of a ‘coal comeback’ triggered by the Iran war energy crisis are not supported by the data.

Europe News

EU downplays jet fuel shortage risks despite IEA warning

EU officials and the International Energy Agency have contrasting narratives over jet fuel supply. While the European commission minimises the risk, it acknowledges that the market remains “tight” and says the EU is prepared to respond appropriately.

Climate

‘Fossil fuelled war’ could give rise to a historic ‘climate reset’

Experts are calling on governments to ‘reduce the risk of every fossil fuel disruption turning into a global energy and economic shock’.

Europe News

EU to slash power bills by cutting taxes and grid costs

The Commission's draft proposal to change energy taxation risks being politically sensitive as several EU countries have limited fiscal space. Environmental groups urge Brussels to propose a windfall profit tax to help EU capitals deal with soaring energy prices.

Earth News

UK households could be paid to turn on washing machines on sunny days

Europe’s grids are struggling to keep up with renewables. Is giving away free energy the answer?

Europe News

Energy prices set to rise as last Gulf Tankers reach Europe

Energy analysts have warned of surging energy prices beyond already elevated levels, as the last vessels carrying oil and natural gas from the Strait of Hormuz before the conflict have reached Europe. Supply forecasts for oil and gas remain optimistic as US deliveries are expected.