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Hydrogen has an important role in helping the EU achieve its target of climate neutrality by 2050. In March 2023, the Commission announced the European hydrogen bank, to facilitate investment in the hydrogen value chain. This initiative aims to support production and imports of hydrogen in the EU. In November, the Committee on Industry, Research and Energy adopted an own-initiative report, suggesting key improvements. The text is due to be voted by the Parliament during the December plenary session ...

The European Union (EU) can aspire to achieve energy independence through the deployment of existing and emerging technologies. Electrification, renewables and energy storage could reduce the EU's reliance on conventional fossil fuels. What are the developments, expectations, concerns and societal implications associated with these technologies? And what initiatives and policies could lead to a resilient EU energy system, through anticipating impacts?

On 14 July 2021 the European Commission adopted the 'fit for 55' package, which adapts existing climate and energy legislation to meet the new EU objective of a minimum 55 % reduction in greenhouse gas (GHG) emissions by 2030. The 'fit for 55' package is part of the European Green Deal, which aims to put the EU firmly on the path towards climate neutrality by 2050. A key element in the 'fit for 55' package is the revision of the Renewable Energy Directive (RED II), to help the EU deliver the new ...

On 7 July 2023, the European Commission published a proposal for a Council decision on the withdrawal of the Union from the Energy Charter Treaty (ECT) – a multilateral agreement that regulates energy investment. This comes after a previous proposal to modernise the ECT did not gather the required majority among Member States. The lack of an EU position de facto blocks the ECT modernisation process. Due to many concerns over the protection of fossil fuel investements and amid the lack of prospects ...

Innovative technologies in the field of geothermal energy focus on three areas: (i) resource assessment, (ii) resource development, and (iii) resource utilisation and management for electricity, heat supply and mineral extraction (lithium). They include increased electric power system efficiency, novel and optimised drilling technologies, underground thermal energy storage, new exploration methods, closed loops, smart systems, and 3D models. Advanced plants and technologies include ultra-deep geothermal ...

Energy is central to the European Union's transition towards climate neutrality by 2050, in line with the European Green Deal. As the biggest source of greenhouse gas emissions in the European Union (EU), the energy sector is undergoing a profound transformation on the path to a net-zero economy. The shift to a more sustainable energy system entails switching from fossil fuels to low-carbon and renewable energy sources, improving energy efficiency in products, industry and buildings, and creating ...

On 14 July 2021, the European Commission adopted the 'fit for 55' package with a view to adapting existing EU climate and energy legislation to meet the EU objective of a minimum 55 % reduction in greenhouse gas (GHG) emissions by 2030, as required under the European Climate Law. The 'fit for 55' package includes a recast of the Energy Efficiency Directive (EED), aligning its provisions to the -55 % GHG target. The recast EED as proposed by the Commission required Member States to almost double their ...

In July 2021, the European Commission put forward the 'fit for 55' package of legislative proposals, aimed at ensuring the success of the European Green Deal. The FuelEU Maritime regulation is one of these proposals and, together with four other proposals, it seeks to steer the EU maritime sector towards decarbonisation. To support the uptake of sustainable maritime fuels, the Commission proposes to limit the carbon intensity of the energy used on board ships. Accordingly, the proposal sets a fuel ...

Africa is the continent most affected by energy poverty, with more than 40 % of its population lacking access to electricity. This is in spite of an extremely high potential for renewable energy generation and an increasing number of fossil fuel developments on the continent. Through its development cooperation programmes, the EU has committed significant funds to reduce energy poverty in its partner countries in Africa. These programmes aim to help achieve the Sustainable Development Goal 7, which ...

This At A Glance - Study In Focus provides information on the proposed reform of the electricity market design which maintains crucial elements of the existing system to ensure continued efficient operation. The impact that changing the rules on longer-term contracts will have on consumer prices and investment will depend on the concrete language of proposed legislation as well as its ultimate implementation. Overall, neither the expected mode of impact of individual reform elements, let alone their ...