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EU energy ministers back fund for cross-border resilience from 2028
The Connecting Europe Facility is part of the European Union's multi-annual budget for 2028-2034, which foresees nearly four times as much money as the previous budget. It is intended to increase cross-border investment in electric grids, pipelines and renewable energy projects.
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Europe News
Commission to unveil €1.2tr plan to revamp EU power grid, leak shows
The European Commission has identified eight key energy projects under the "Grids Package" to be announced this week, Euronews has learned. The plan aims to increase electricity transmission across the EU27. The EU executive will also endorse storage and hydrogen projects.
Europe News
EU's climate funds risk being used for dirty projects, experts say
Scientific experts and civil society organisations criticised the European Commission's decision to consider gas pipelines eligible for EU climate funding for the development of hydrogen infrastructure. Critics say it's greenwashing and expensive.
Europe News
EU partners with Africa to step up clean power and infrastructure
European and African leaders met in Luanda during the EU-African Union summit where they pledged to increase trade in renewable energy and critical raw materials. Shortly before, European leaders met in Johannesburg for the G20, where the bloc struck a trade deal with South Africa.
Europe News
Paris to Madrid in a day? The EU’s €550 billion high-speed train plan might make it happen
The European Commission has unveiled its plan to connect Europe’s cities faster, aiming to open up remote regions and boost the economy. The first lines are expected to be running by 2030, with more to follow by 2040.