Overview
- Brussels unveiled an energy package endorsing small modular reactors, targeting first European units in the early 2030s with €200 million in guarantees through 2028.
- The European Investment Bank signaled more than €75 billion in financing over the next three years for the clean‑energy transition, including support for grids.
- At the Paris civil nuclear summit hosted by France with IAEA partnership, about 40 countries took part, with the US and China present and Russia absent over the war in Ukraine.
- Von der Leyen said EU electricity prices are structurally high and warned the bloc is fully reliant on costly, volatile fossil imports, with the Middle East crisis exposing vulnerabilities.
- EU officials weighed short‑term bill relief, as Dan Jørgensen urged targeted cuts to energy taxes and Valdis Dombrovskis warned against steps that jeopardize fiscal sustainability.