European Union

Coal’s decline in the EU: Sharp drop in production, consumption and reliance on imports

Last year marked a significant decline in coal production and usage across the European Union. Coal output dropped to 242 million tons, while consumption fell to 306 million tons, representing year-on-year decreases of 12 percent and 13 percent, respectively. The most notable reductions occurred between 2022 and 2023, when coal production declined by 21 percent […]

Coal’s decline in the EU: Sharp drop in production, consumption and reliance on imports Read More »

Europe: EU renewable electricity share drops in early 2025 despite solar surge

In the first quarter of 2025, 42.5 percent of net electricity generated in the European Union came from renewable energy sources. Compared with the first quarter of 2024, this represents a decrease of 4.3 percentage points, down from 46.8 percent. Although electricity generation from solar increased significantly from 40.9 terawatt-hours in the first quarter of

Europe: EU renewable electricity share drops in early 2025 despite solar surge Read More »

Europe: EU gas demand to fall by 7% by 2030 amid surge in renewables and electrification

A recent analysis by the think tank Ember projects that natural gas consumption in the European Union will decline by 7 percent by 2030. This expected decrease is being driven by the rapid expansion of renewable energy sources and a broader shift toward electrification across member states. Ember’s review of national energy strategies from EU

Europe: EU gas demand to fall by 7% by 2030 amid surge in renewables and electrification Read More »

EU plans new sanctions to slash Russian oil price cap and pressure Moscow toward diplomacy

The European Union is preparing a new wave of sanctions targeting Russia’s energy and financial sectors to increase pressure and encourage diplomatic negotiations. Central to the plan is a proposal to lower the existing price cap on Russian oil exports from $60 to $45 per barrel. This move aims to significantly reduce Russia’s oil revenues,

EU plans new sanctions to slash Russian oil price cap and pressure Moscow toward diplomacy Read More »

Europe: EU set to cut natural gas imports by 25% by 2030 driven by renewables and efficiency

A recent report by the Institute for Energy Economics and Financial Analysis (IEEFA) projects that the European Union could reduce its total imports of natural gas and liquefied natural gas (LNG) by 25% between 2024 and 2030. This forecast is driven by a continuing decline in gas consumption, fueled by the EU’s increasing adoption of

Europe: EU set to cut natural gas imports by 25% by 2030 driven by renewables and efficiency Read More »

Europe: EU’s 2027 Russian gas exit plan sparks TTF price surge amid supply disruptions and global LNG competition

In Week 19 of 2025, TTF gas futures experienced a significant rally, rising by 5.5%—the largest daily increase since mid-March. This surge was mainly driven by the European Union’s newly unveiled plan to completely phase out Russian gas imports by the end of 2027. The policy includes the termination of long-term contracts for Russian gas

Europe: EU’s 2027 Russian gas exit plan sparks TTF price surge amid supply disruptions and global LNG competition Read More »

Europe: EU plans legal path to end Russian gas contracts without penalties

The European Union is developing legal measures that would allow companies to terminate long-term contracts for Russian gas without facing penalties, citing force majeure. This move is part of the EU’s broader strategy to eliminate its reliance on Russian fossil fuels by 2027. European Commission President Ursula von der Leyen announced that the Commission will

Europe: EU plans legal path to end Russian gas contracts without penalties Read More »

Europe: EU launches review to boost nuclear investment and energy security

The European Union has launched a public consultation as part of a wide-ranging review of investment needs in the nuclear energy sector, ahead of the adoption of an updated Nuclear Illustrative Program (PINC), expected in the second quarter of this year. The revised PINC is designed to promote nuclear investment across the EU by encouraging

Europe: EU launches review to boost nuclear investment and energy security Read More »

Scroll to Top