EU Negotiates Emergency Proposals

The EU is currently negotiating emergency proposals to address the energy crisis. Member States must reach an agreement at the September 30 meeting. They are seeking assurances that national measures can be maintained.

Share:

The EU is currently negotiating emergency proposals. These were presented last week. EU energy ministers must reach an agreement at their meeting on September 30.

While the negotiations will be difficult, the EU countries are pressing for certain guarantees. In fact, they want to keep their own windfall profits levies on energy companies. Also, they want to keep some freedoms to implement measures on a national scale.

The EU negotiates an exceptional tax

Under the EU’s latest proposal, states would not be forced to apply the windfall tax on corporate profits. This concerns states that have already put in place “equivalent” measures, such as Italy, for example.

The EU proposes to impose a one-off tax on certain energy companies. It proposes a rate of 33%. However, European nations may, if they wish, introduce a higher rate. The money raised will then be used to help consumers and businesses, who have been severely affected by the price hike.

In addition to the rate, EU member states expect other guarantees. They want the freedom to further limit the revenues of these companies, nationwide.

If the proposal can still change, it indicates:

“Given that the generation mix and cost structure of electricity generation facilities differ significantly between Member States, they should be allowed to maintain or introduce national crisis measures.”

Measures to counteract inequalities within the Union

Indeed, support measures are very uneven across the EU. Logically, the richest countries spend more than the poorest countries. Thus, with the implementation of EU-wide measures, the EU hopes to replace national measures.

According to some diplomats, the EU could reach an agreement as early as September 30. However, this will only happen if states can retain their national measures.

In addition, the EU must present other measures. These will include emergency liquidity for businesses but will also include lower gas prices. While the idea of a price cap is often mentioned, such a measure remains unlikely. The issue divides the Union.

Nearly USD92bn will be invested by major American and international groups in new data centres and energy infrastructure, responding to the surge in electricity demand linked to the rise of artificial intelligence.
Nouakchott has endured lengthy power interruptions for several weeks, highlighting the financial and technical limits of the Mauritanian Electricity Company as Mauritania aims to widen access and green its mix by 2030.
Between 2015 and 2024, four multilateral climate funds committed nearly eight bn USD to clean energy, attracting private capital through concessional terms while Africa and Asia absorbed more than half of the volume.
The Global Energy Policies Hub shows that strategic reserves, gas obligations, cybersecurity and critical-mineral policies are expanding rapidly, lifting oil coverage to 98 % of world imports.
According to a report by Ember, the Chinese government’s appliance trade-in campaign could double residential air-conditioner efficiency gains in 2025 and trim up to USD943mn from household electricity spending this year.
Washington is examining sectoral taxes on polysilicon and drones, two supply chains dominated by China, after triggering Section 232 to measure industrial dependency risks.
The 2025-2034 development plan presented by Terna includes strengthening Sicily’s grid, new interconnections, and major projects to support the region’s growing renewable energy capacity.
Terna and NPC Ukrenergo have concluded a three-year partnership in Rome aimed at strengthening the integration of the Ukrainian grid into the pan-European system, with an in-depth exchange of technological and regulatory expertise.
GE Vernova has secured a major contract to modernise the Kühmoos substation in Germany, enhancing grid reliability and integration capacity for power flows between Germany, France and Switzerland.
The National Energy System Operator forecasts electricity demand to rise to 785 TWh by 2050, underlining the need to modernise grids and integrate more clean energy to support the UK’s energy transition.
Terna has signed a guarantee agreement with SACE and the European Investment Bank to finance the Adriatic Link project, totalling approximately €1bn ($1.08bn) and validated as a major transaction under Italian regulations.
India unveils a series of reforms on oil and gas contracts, introducing a fiscal stability clause to enhance the sector’s attractiveness for foreign companies and boost its growth ambitions in upstream energy.
The European Commission is launching a special fund of EUR2.3bn ($2.5bn) to boost Ukraine’s reconstruction and attract private capital to the energy and infrastructure sectors.
Asia dominated global new renewable energy capacity in 2024 with 71% of installations, while Africa recorded limited growth of only 7.2%, according to the latest annual report from IRENA.
US President Donald Trump's One Big Beautiful Bill Act dramatically changes energy investment rules, imposing restrictions on renewables while favouring hydrocarbons, according to a recent report by consultancy firm Wood Mackenzie.
On July 8, 2025, the Senate validated the Gremillet bill, aimed at structuring France's energy transition with clear objectives for nuclear power, renewable energies, and energy renovation.
Brazil, Mexico, Argentina, Colombia, Chile, and Peru significantly increase renewable electricity production, reaching nearly 70% of the regional electricity mix, according to a recent Wood Mackenzie study on Latin America's energy sector.
The Canadian government announces an investment of more than $40mn to fund 13 energy projects led by Indigenous communities across the country, aiming to improve energy efficiency and increase local renewable energy use.
The German Ministry of Economy plans to significantly expand aid aimed at reducing industrial electricity costs, increasing eligible companies from 350 to 2,200, at an estimated cost of €4bn ($4.7bn).
A major electricity blackout paralyzed large parts of the Czech Republic, interrupting transport and essential networks, raising immediate economic concerns, and highlighting the vulnerability of energy infrastructures to unforeseen technical incidents.