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Prices averaged $0.14 per kWh in the January-March 2023 period.

The 27-member bloc has also stored 70.6 Bcf of gas in Ukraine.

A halt of Russian gas supplies to the EU could potentially reduce its gross domestic product by as much as 1.5% if the next winter is cold and the region fails to take preventive measures to save energy.

Liquefied natural gas imports from Russia are up about 40 percent in a year.

The European Commission has opened applications for membership in a new alliance to accelerate the development of small modular reactors.

The European Commission launched a public-private alliance to increase investment in energy efficiency projects.

'The Solar Academy aims to train 100,000 workers in the solar photovoltaic value chain over the next three years'.

The European Commission has opened applications for AggregateEU, which now allows longer gas contracts between buyers in the EU and international suppliers.

A group of 40 European Union lawmakers have called on UK Prime Minister Rishi Sunak to scrap plans to develop the Rosebank oil and gas field.

European Union leaders intend to give their political backing to a ban on Russian oil.