Energy transition

Commission approves €200 million Spanish State aid for manufacturing capacity in the EV value chain

The European Commission has approved a €200 million Spanish State aid scheme to support strategic investments that add manufacturing capacity for the electric vehicle (EV) value chain, in line with the objectives of the Clean Industrial Deal. This measure will contribute to the transition towards a net-zero economy. The scheme was approved under the Clean […]

Commission approves €3.1 billion Spanish State aid support for cogenerated electricity

The European Commission has approved, under EU State aid rules, a €3.1 billion Spanish scheme to support the production of electricity from new or substantially refurbished highly efficient combined heat and power (‘CHP') plants. The measure will contribute to the implementation of Spain's National Energy and Climate Plan, the Clean Industrial Deal and the EU's […]

EU invests €650 million in cross-border energy infrastructure

The European Commission will allocate nearly €650 million in grants from the Connecting Europe Facility (CEF) to help finance 14 cross-border energy infrastructure projects. These projects will play a vital role in strengthening the EU's energy security, increasing the integration of renewable energy and, as a result, Europe's competitiveness. As emphasised in the recently adopted […]

Commission proposes upgrade of the EU's energy infrastructure to lower bills and boost independence

The backbone of European energy system, the grids infrastructure, will be modernised and expanded to unleash its full potential. The Commission's European Grids Package and the Energy Highways initiative, proposed today, will enable energy to flow efficiently across all Member States, integrating cheaper clean energy and accelerating electrification. This will help lower energy prices and […]

EU supports the clean transition with over €358 million of investment in 132 new projects across Europe

The Commission has granted today more than €358 million to 132 new projects across Europe under the LIFE Programme for environment and climate action. The allocated amount represents more than half of the €536 million total investment needs for these projects – the remainder coming from national, regional and local governments, public-private partnerships, businesses, and […]

More than 350,000 European companies to get energy efficiency support under major EU financing initiative

More than 350,000 companies across Europe are set to make energy efficiency gains through a €17.5 billion financing initiative by the European Union. The energy efficiency for small and medium-sized enterprises (SMEs) initiative, led by the European Investment Bank (EIB) Group and supported by the European Commission, seeks to help SMEs using proven energy-saving technologies […]

Commission launches new initiatives with industry to boost Europe's Automotive leadership

Today, President Ursula von der Leyen chaired the third Strategic Dialogue on the Future of the European Automotive Industry, bringing together the European automotive industry, social partners, and other stakeholders in Brussels. The meeting reaffirmed the need to act fast to implement the Automotive Action Plan. As technology transforms mobility and geopolitics reshapes global competition, […]

EU invests €852 million in six innovative electric vehicle battery projects

Today, the European Commission announced that six pioneering electric vehicle (EV) battery cell manufacturing projects will receive a total of €852 million in grants from the Innovation Fund, using revenues from the EU Emissions Trading System (EU ETS). These grants follow a first Battery Call under the Fund, launched in December 2024, aimed at accelerating […]

Investment of €3.66 billion from EU emissions trading revenues in cleaner energy systems  

Today, the European Commission and the European Investment Bank announced that €3.66 billion have been disbursed from the Modernisation Fund to support 34 energy related projects in nine EU Member States. These investments will support the modernisation of energy systems in the EU. They will reduce greenhouse gas (GHG) emissions in the energy, industry and transport […]

2024 Report on Energy subsidies in the EU

2024 Report on Energy subsidies in the European Union

Commission and European Investment Bank clear an additional €2.7 billion from emissions trading revenues for cleaner energy systems via the Modernisation Fund

Following an assessment by the European Investment Bank under the Modernisation Fund, the European Commission has today disbursed €2.7 billion to support 39 investment projects in eight beneficiary Member States. This includes the very first investment confirmed in Slovenia under the Fund, a Member State which became beneficiary in 2024. These projects will help lower-income […]

Public Sector Loan Facility under the Just Transition Mechanism in 2024

Report on the implementation of the Public Sector Loan Facility under the Just Transition Mechanism in 2024, as referred to in Regulation 2021/1229