Commission brings relief to European consumers and businesses with Action Plan to save €260 billion annually by 2040

The Commission is putting forward an Action Plan with short-term measures to lower energy costs, complete the Energy Union, attract investments and be better prepared for potential energy crises. The EU is at a crucial turning point for its competitiveness, decarbonisation and security, with a clear need to act. Structurally high energy costs are hurting our citizens and businesses. The challenges are …

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EU invests over €1.2 billion in cross-border infrastructure contributing to build our Energy Union and to boost competitiveness

The Commission will allocate almost €1.25 billion in grants from the Connecting Europe Facility (CEF) to 41 cross-border energy infrastructure projects, which have obtained the status of Projects of Common Interest and Projects of Mutual Interest (PCIs and PMIs) in 2024 under the Trans-European Networks for Energy (TEN-E) policy framework. This is the largest call for proposals under the current CEF Energy programme, both in terms of …

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