The Newsroom of Eurelectric

Eurelectric Press Releases

  • Published on October 25, 2022 - 08:40 GMT

    How are EU electricity prices formed and why have they soared?

    EU energy prices have followed a marked increase from July 2021. But why ? BRUSSELS, BELGIUM, October 25, 2022 /⁨EINPresswire.com⁩/ -- EU energy prices have followed a marked increase from July 2021. As the economy recovered from COVID-19, the growing energy demand started to push prices on an upward trend last year. Moreover, Russia’s invasion of Ukraine followed by its decision to cut natural gas supplies to Europe have then considerably shaken the energy system and triggered a sharp rise in inflation. …

    Distribution channels: Business & Economy, Consumer Goods ...
  • Published on October 25, 2022 - 08:01 GMT

    An energy-independent carbon-free future starts with our energy savings

    Skyrocketing gas and electricity prices have made households and businesses shiver across Europe. How energy savings can help? BRUSSELS, BELGIUM, October 25, 2022 /⁨EINPresswire.com⁩/ -- Since Russia triggered the ongoing energy crisis, skyrocketing gas and electricity prices have made households and businesses shiver across Europe. EU countries have adopted different emergency measures to reduce energy demand and tackle the price surge. Saving energy has never been more urgent. European consumers now …

    Distribution channels: Business & Economy, Energy Industry ...
  • Published on September 7, 2022 - 08:30 GMT

    Energy sobriety encouraged as Europe walks tightrope on supply

    Without sufficient demand reduction, gas stocks could get emptied up, shows Power Barometer 2022, Eurelectric’s data crunch on trends in the electricity sector. BRUSSELS, BELGIUM, September 7, 2022 /⁨EINPresswire.com⁩/ -- Energy prices are soaring, amid throttled gas flows and increased scarcity in the market pointing towards supply shortages this coming heating season. Without sufficient demand reduction, gas stocks could get emptied up should Russia completely halt supply, shows Power Barometer 2022, …

  • Published on June 16, 2022 - 10:46 GMT

    Electricity sector seeks to reconcile climate action and efforts to rebuild biodiversity

    The electricity industry has the means to reduce the ecological loss and go even further: restore nature. BRUSSELS, BELGIUM, June 16, 2022 /⁨EINPresswire.com⁩/ -- 81 % of EU habitats have been severely deteriorated by unsustainable activities. This alarming reality is intrinsically linked to climate change: according to world leading climate and biodiversity experts, greenhouse gas emissions will become the leading driver for ecological loss and agricultural disruptions. Another future is however possible, …

  • Published on June 16, 2022 - 10:33 GMT

    Eurelectric: Game over for fossil fuel imports

    High gas prices and Russia’s invasion of Ukraine are driving energy prices to historic levels. What game changing solutions the EU has at hand? BRUSSELS, BELGIUM, June 16, 2022 /⁨EINPresswire.com⁩/ -- While Europe was fighting climate change, a new crisis has emerged. High gas prices and Russia’s invasion of Ukraine are driving energy prices to historic levels and massively contributing to a year-on-year EU inflation of 40%. Yet, there is a silver lining: an accelerated energy transition and …

    Distribution channels: Automotive Industry, Consumer Goods ...
  • Published on February 16, 2022 - 10:25 GMT

    European electricity grid can support 100+ million electric vehicles, new Eurelectric-EY study reveals

    European electricity grid will remain stable despite exponential growth of the EV market and high electrification ambitions, reveals a new Eurelectric-EY study. BRUSSELS, BELGIUM, February 16, 2022 /⁨EINPresswire.com⁩/ -- The EV revolution is on a tear and the electricity grid will remain stable despite exponential growth of the EV market and high electrification ambitions, reveals a new Eurelectric-EY study. But timely planning of charging infrastructure and coordination between public authorities, …

    Distribution channels: Automotive Industry, Business & Economy ...
  • Published on October 19, 2021 - 08:47 GMT

    Efficient network tariffs: a must for the energy transition

    Europe’s electricity networks need upgrading to achieve the Green Deals’ net zero ambition. Cost-reflective time-of-use network tariffs can play a key role. BRUSSELS, BELGIUM, October 19, 2021 /⁨EINPresswire.com⁩/ -- Europe’s electricity networks need upgrading to achieve the Green Deals’ net zero ambition. The traditional approach of reinforcing and expanding the grid has drawbacks, especially regarding cost-efficiency. Eurelectric’s latest report highlights that cost-reflective time-of-use network …