Financing the EU energy transition and European competitiveness - Can the two co-exist?

With the new legislative cycle, the need for a clean energy transition has never been greater. In this context, energy companies need to align their strategic objectives within the broader priorities of the European Green Deal. The Draghi report also emphasised competitiveness and the need for an increased number of public and private investments to support this transition.As Europe shifts to greener energy, businesses are struggling with higher energy costs, making it harder to compete globally. Energy companies face several challenges: accessing and balancing investments in renewable energy and grid modernisation, with the need to ensure stable and affordable energy supplies.With the EU’s multiannual financial framework and the Clean Industrial Deal on the horizon, the newly appointed European Commission will face the challenge of harnessing these tools for Europe's energy transition, while addressing the pressure of global competition.Listen to this Euractiv Hybrid Conference to discuss the financing of the EU energy transition in the context of increasing global competition. Questions to be addressed include:- How can Europe remain an industrial leader while pursuing its climate objectives?- How can EU legislation be improved to provide a clear, long- term framework for the green transformation?- How can private and public sectors collaborate effectively to accelerate investments in renewable energy?