Razvan Lupulescu

Energy Council 🇪🇺 meeting in Luxembourg - 15 of October 2024 EU Energy Ministers: ✅ Exchanged views on the contribution of the energy sector to the EU’s competitiveness -> following up on the recommendations in #Draghi Report 📒 ✅ Held a discussion on the divergence of wholesale electricity #prices whithin the EU 📈 ✅ Discussed preparedness for the upcoming winter season ❄️ Ukrainian Energy Minister 🇺🇦 gave presentation on the energy situation in Ukraine 🇱🇹💛🇺🇦 #StandWithUkraine ✅ Commission presented its report on #StateofEnergyUnion and provided a follow-up on the implementation of #REPowerEU Plan. In particular, how EU is progressing in achieving its goal to phase out Russian fossil fuels ⚠️ ✅ Some of the MSs called for more coordinated implementation of EU restrictive measures on Russian LNG transshipments 🚢 ✅ Ministers received update from the Commission on the implementation of “Fit for 55” legislation package🔋 https://lnkd.in/ejaxnHRg #EuropeanUnion #EnergyCouncil #TTE #EnergySecurity #Renewables #EnergyPrices #EUCompetitiveness

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As the Energy Council approaches on 16 December, I want to share my thoughts on two critical questions that will shape the future of EU energy policy and the upcoming meeting. 1️⃣ Which initiatives should be prioritized in the next legislative cycle to most effectively advance the Energy Union’s objectives and deliver a secure, affordable, and sustainable energy future for all Europeans? The upcoming legislative cycle must place a strong emphasis on renewable energy solutions that balance sustainability, energy security, and affordability. Among these, renewable liquid gases should play a key role, offering versatile applications in heating, transportation, and other sectors, thereby contributing to a more resilient and lower-carbon energy system. To achieve this, we need: 👉A technology-neutral framework that values environmental performance, allowing renewable liquid gases to compete fairly alongside other clean energy solutions. 👉Support for scaling up production of renewable liquid gases to meet growing demand and provide reliable alternatives to fossil fuels. 👉Recognition of the unique energy challenges in rural areas, ensuring that these communities have access to practical and cost-effective renewable solutions. 2️⃣ What short- to long-term actions and measures could the EU Action Plan for Affordable Energy include in order to bring down energy costs? Affordability must be a cornerstone of the energy transition, particularly as the EU Emissions Trading System (ETS2) expands to heating and transport. In the short term: 👉 Targeted measures like tax incentives under the revised Energy Taxation Directive (ETD) can offset rising costs and encourage the adoption of renewable alternatives. 👉 Households and small businesses, especially in rural areas reliant on liquid gas, need direct financial support to ensure they are not left behind. In the long term: 👉 Scaling up the production and market access of renewable liquid gases, such as bioLPG and rDME, is essential. These renewable fuels can leverage existing liquid gas infrastructure, avoiding costly new investments and ensuring an efficient, affordable transition. Revenues from ETS2 should be recycled into clean energy innovation and social protection measures to stabilize energy costs and support decarbonization. Renewable liquid gases have a vital role to play in delivering an energy transition that is ambitious, fair, and affordable for all Europeans. Let’s work together to ensure no one is left behind as we build a sustainable and resilient energy future. What are your thoughts on these priorities? I’d love to hear your perspective. 🌍💡 More about liquid gases: https://lnkd.in/exbStgat Liquid Gas Europe Liquid Gas Ireland Silvia Estivill Tarrago Silvia Migliorini Bartosz Kwiatkowski

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Today, the European Commission, under the leadership of the Hungarian presidency, is holding its second high-level meeting this year to address the challenges of developing energy infrastructure to enable the energy transition. In Europe, we need to invest 67 billion euros annually to meet the massive increase in demand. The major challenges that need to be addressed are resource supply, stable investment conditions, and consistent regulation. Some important steps have already been taken, but we have high expectations for the new Commission.

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The EU🇪🇺 Regulation on #MethaneEmissions reduction in the #EnergySector ⚡️ has been published. The new rules will enter into force on 4 August 2024. 🔗https://europa.eu/!9qgxgv #EUGreenDeal #ReduceMethane

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The EU🇪🇺 Regulation on #MethaneEmissions reduction in the #EnergySector ⚡️ has been published. The new rules will enter into force on 4 August 2024. 🔗https://europa.eu/!9qgxgv #EUGreenDeal #ReduceMethane

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New College of Commissioners unveiled today. And while most Danes will look towards our own Dan Jørgensen, I am keenly aware of Jessika Roswall as Commissioner for Environment, Water Resilience and Competitive Circular Economy. Much to do - not least in the light of Europe's water challenges and the recent Draghi Draghi report on EU competitiveness. Water is central to all of it.

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Today the #EuropeanCommission released its State of the Energy Union report 2024. How is Europe doing on energy efficiency and 🏡 🏢 ? PEC in the EU decreased by 4.1% decrease compared with 2021, FEC decreased by 2.8% compared with 2021. However, "More action is needed to achieve the 2030 objectives" + "renovation rates and electrification remain too low and national measures are insufficient to reach a decarbonised building stock by 2050" ➡ The implementation of the #FF55 package should remain a priority of the new Commission (#EPBD, #EED, #RED) ➡ Efficient buildings are key to ↘ bills and make Europe's industry more competitive. This should be reflected in upcoming EU legislation e.g. Clean Industrial Deal, EU Affordable Housing Plan and the next Multiannual Financial Framework.

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The Draghi report on Europe’s future competitiveness is out!    ‘Urgent and concrete’ - that is how Mr. Draghi described his report during this morning’s press conference. It has many calls to action – among them the need to modernise the energy market, as illustrated by the telling JRC finding mentioned in the press conference: At the height of our energy crisis, natural gas was the price-setter 63% of the time while being just 20% of the electricity mix.   The JRC was honored to be one of the independent sources that Mr. Draghi and his team relied upon for trustworthy data in this report.     What further evidence did we provide to help Draghi’s team in their research? The number of EU innovative companies, 180.000, that are key drivers of economic growth, job creation and technological progress;    ·        The landscape of Artificial Intelligence players in the EU, to underline that the race is not over and Europe can still look for a leading position in selected AI-related areas;    ·        Data and trends on the EU market shares, production and trade flows of clean technologies, such as batteries, photovoltaics, sustainable biofuels and wind, evaluating EU’s performance against the main competitors (USA and China) and its import dependency.    I want to thank Mr. Draghi and his team for their trust in our work! For course, the work is still to be done - and the JRC will be there to continue supporting EU policymaking, driving evidence-informed and forward-looking policies to positively impact society. Solid empirical evidence is key to offer policymakers recommendations that are both relevant and actionable.     Read the report here https://europa.eu/!nbMfnp 

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EU and other public funds are not sufficient to cover the investments needed to reach our energy and climate objectives 🎯. Therefore, the EU has a structured dialogue with the #FinanceIndustry to de-risk #EnergyEfficiency financing 💶. Learn more 🔗 https://europa.eu/!7WdMMT

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The EU Council has approved a series of measures for an interconnected and resilient electricity network in Europe, to ensure energy security and achieve decarbonisation in the bloc. Energy ministers stated the conclusions align with the growth of renewables and reflect the EU’s ambition to become more green, competitive and resilient in the energy sector. They emphasised the need to roll out an EU Supergrid to incorporate more renewables, support electrification, stabilize prices and increase energy security, according to Belgian Minister for Energy Tinne Van der Straeten. The EU aims to achieve a fully integrated, interconnected, and synchronised power system in Europe.  #energytransition #eu #supergrid #interconnection #renewableenergy #worldgrid #worldgameworkshop

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Wind energy is crucial to meet EU’s #decarbonisation objectives & reach the #renewables target 🎯 of at least 42.5% by 2030. In 2022, #WindPower accounted for 37.5% of the total #electricity generated from renewables in the EU. https://europa.eu/!NWmrxY #EnergyFacts #EUDelivers

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At COP last year, EC President von der Leyen launched the EU-led Global Pledge on #Renewables and #EnergyEfficiency ⚡️ Learn more about this, and other EU initiatives, for a global #EnergyTransition in DG Energy's 'In focus' article. 🔗 https://europa.eu/!Jtcg4D https://eu.smh.re/0X8_

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🚨 industriAll Europe & European Federation of Public Service Unions (EPSU) call for an ambitious EU grids strategy that recognises the crucial role that workers play in the maintenance, modernisation and upgrading of Europe’s electricity infrastructures. 👇

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Commission Implementing Regulation (EU) 2025/35 of 13 January 2025 implementing Regulation (EU) 2019/1242 of the European Parliament and of the Council by determining the procedures for the in-service verification of the CO2 emissions of heavy-duty vehicles https://lnkd.in/dqrwnsGE

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The 🇪🇺 Commission and the Beyond Oil and Gas Alliance have announced a new partnership to accelerate the #EnergyTransition away from fossil fuels. More details 👉 https://europa.eu/!BPNpYY #EUatCOP29 https://eu.smh.re/0X7y

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🌍 Preparing Europe for Electrification 🌍 The conversation between Leo Birnbaum, CEO of E.ON and President of Eurelectric, and Euronews discussing the future of Europe’s electrification is a must-watch. Video here: https://lnkd.in/ePEB_bde Key points: 𝗘𝗺𝗯𝗿𝗮𝗰𝗶𝗻𝗴 𝗥𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲𝘀: The importance of integrating renewable energy sources for an energy which is reliable and 𝘩𝘰𝘮𝘦𝘨𝘳𝘰𝘸𝘯; 𝗜𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝗶𝗻 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲: Enhancing the electricity distribution grid to support the energy transition and future demands; and 𝗕𝗼𝗼𝘀𝘁𝗶𝗻𝗴 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲𝗻𝗲𝘀𝘀: Ensuring European competitiveness through innovation and strategic investments, beyond just low energy prices. If you are an 𝘦𝘯𝘦𝘳𝘨𝘺-𝘯𝘦𝘳𝘥, this is your video for the day ⚡ #Electrification #Renewable #Infrastructure #Competitiveness #Leadership

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