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Stéphane Séjourné: 'All our industrial sites face the same problem — energy costs are too high, and the power market is too volatile' (Photo: EU Commission)

EU to 'mobilise' €100bn to boost clean industries and tackle energy costs

The EU Commission laid out its plan to ‘mobilise’ €100bn to boost clean industries and lower energy prices, particularly for green electricity.

“Almost all our industrial sites face the same problem — energy costs are too high, and the power market is too volatile. Industry needs to be able to sidestep this,” EU executive vice president Stéphane Séjourné, who ...

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

Stéphane Séjourné: 'All our industrial sites face the same problem — energy costs are too high, and the power market is too volatile' (Photo: EU Commission)

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

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