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Commission proposes reform of the EU electricity market design
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The Commission proposed on 14 March to reform the EU's electricity market design to boost renewables, better protect consumers and enhance industrial competitiveness.
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Commission recommendations on how to exploit the potential of energy storage
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On 14 March, the Commission published a series of recommendations on energy storage, with concrete actions that EU countries can take to ensure its greater deployment.
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Commission welcomes Enel's donation of 3Sun solar PV panels to Ukraine
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On 3 March, by launching the project “Ray of hope” with Enel, the Commission took a first step as part of the wider initiative announced by President von der Leyen on donations of solar panels to Ukraine during her visit to Kyiv on 2 February 2023.
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Hydrogen Valleys: European Commission signs joint declaration with European stakeholders to boost the EU hydrogen economy
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The Commission and key stakeholders signed on 1 March a joint declaration highlighting the crucial role of sustained efforts in renewable hydrogen research and innovation.
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Commission welcomes commitment by Finland and Luxembourg to the Renewable Energy Financing Mechanism
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The announcement on 27 February followed an invitation by the Commission to all EU countries last year to participate in the mechanism and a series of detailed discussions with interested parties.
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Commission wraps up project with the International Energy Agency that helped Member States curb their reliance on Russia’s fossil fuels
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The project provided advice and capacity building to identify and undertake specific reforms and investments in the field of renewable energy, energy efficiency, renewable hydrogen production, and innovative solutions to decarbonise the industry in line with the REPowerEU objectives.
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Shrinking market shares for largest EU energy companies
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The market shares of the largest electricity and gas producers in the EU have been decreasing in most countries since 2013 when Eurostat started collecting this data.
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EU gas consumption decreased by 19%
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The EU consumption of natural gas has dropped by 19.3% in the period August 2022-January 2023, compared with the average gas consumption for the same months between 2017 and 2022.
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Need to heat buildings down by a fifth since 1979
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The need to heat a given building has decreased over time: only 81% of the heating needs were required in 2022 compared with 1979.
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