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EU natural gas buyers participating in the bloc's coordinated gas purchasing platform can now offer six-month contracts for potential suppliers during a buyer-vendor partnership of up to five years.

Following the Russia-Ukraine crisis and supply disruptions, the EU has emphasized the viability of Africa's reserves to meet European demand.

The European Union has started work on a key element of its plans to reach climate neutrality by the middle of the century.

A number of green hydrogen projects in Europe have already been put on hold or delayed by regulatory uncertainty.

The EU is discussing with member states proposals to sanction key Russian LNG projects and a ban on using EU ports to re-export supplies destined for third countries.

For the EU to hit emissions reduction targets recommended by scientists for the next decade, power production will need to increase to 5,212 tWh by 2040 from 2,905 tWh in 2021.

'The EU moved to materially strengthen the system'.

The EU is offering $4.38 billion in funding for projects developing decarbonization technologies or expanding the production of clean power components.

The call will open for submission on April 30 and will close on October 22.

For the first time, offshore power grids and hydrogen projects are eligible for the TEN-E/CEF Energy funding.