EU emergency energy storage power supply price

How has Russia impacted the EU's energy crisis?

Russia’s unjustified military aggression against Ukraine and its weaponisation of gas supplies have provoked an unprecedented energy crisis for the EU. This has led to sharp rise in energy prices and brought hardship for Europeans.

How has the EU addressed the issue of high energy prices?

The EU has taken a series of measures to address the issue of high energy prices over the last year. They are innovative, far reaching and interconnected. This article explains what they seek to achieve and highlights some of the legal issues they create. It does not cover the various sanction measures adopted against Russia.

How can the EU ensure a secure and affordable supply of energy?

A key part of ensuring secure and affordable supplies of energy involves diversifying supply routes. In the past years the EU has been working with international partners to diversify supplies. Since 2022, the Commission has established agreements with Egypt, Israel and Azerbaijan to export natural gas to Europe.

Why did the EU implement emergency measures in 2022?

In response, the EU implemented emergency measures in 2022, to stabilise the energy prices and ensure access to gas supply during the winter. Looking ahead the Commission is now focusing on addressing persistently thigh energy costs that impact EU citizens and businesses.