Germany was a pioneer in the solar power industry, but succumbed to competition from China. Now, Germany — and the European Union — are trying to revitalize the industry once again.
The Inflation Reduction Act, or IRA, promises tax breaks to companies making technology for clean energy. European leaders are concerned companies will flee to the U.S. to cash in on the tax breaks.
Starting Sunday, the EU will prohibit imports of Russian gasoline, diesel and other products from Russian refineries used throughout Europe.
This is the first summit to take place with Ukraine as an official candidate to join the European Union.
European leaders have finalized an agreement for an undersea electricity connector that could become a new power source for the EU amid a crunch on energy supplies caused by the war in Ukraine.
Duralex glassware maker is just one company that's suspended operations over spiking energy costs after a cutoff of Russian natural gas.
One of the intended outcomes of Russia's war in Ukraine is to dissolve European unity on energy policy, analysts say, but the unity is so far holding firm.
Danish voters are being asked to choose whether to abandon the country's decision three decades ago to opt out of the bloc's common defense policy.
The EU ban on Russian oil imports will likely lead to higher crude and gasoline prices, further upending energy markets.
The EU chief concedes that that getting all 27 member countries — some of them highly dependent on Russia for energy supplies — to agree on oil sanctions will be extremely difficult.