The European Commission announced on Mar. 10 a series of initiatives aimed at increasing investment in clean energy, strengthening the resilience of the European Union’s energy system, and reducing energy prices for citizens and industries.
The measures are intended to address concerns about Europe’s reliance on imported fossil fuels and high energy costs. The Commission said that expanding homegrown clean energy sources is essential for affordable, safe, and stable energy supply in the medium term.
Among the key steps presented is the Clean Energy Investment Strategy, which seeks to bridge the gap between available private capital and necessary investments in grids, innovative technologies, and efficiency. The strategy will be implemented with support from the European Investment Bank Group, which plans to provide over €75 billion in financing over three years. Additionally, up to €500 million will be committed to the Strategic Infrastructure Investment Fund to support specific infrastructure projects under the European Grids Package.
To help consumers directly, the Citizens Energy Package proposes actions such as faster supplier switching, reduced taxes and levies on electricity bills, and clearer information on contracts. These efforts aim to empower citizens to produce their own clean energy and combat energy poverty.
The Commission also introduced a Strategy for Small Modular Reactors (SMRs), supporting member states interested in deploying this technology by the early 2030s. An additional €200 million InvestEU top-up from the Innovation Fund may be allocated until 2028 for initial commercial units of innovative nuclear technologies.
These initiatives build on previous actions like the Affordable Energy Action Plan adopted in February 2025 and December’s European Grids Package. The Commission has proposed a significant increase in funding for infrastructure as part of its long-term financial framework.
Together with earlier measures, these new proposals mark what officials describe as a new phase for Europe’s clean energy transition—one where industrial strength supports both competitiveness and affordability.