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The European Union reveals details of its tech sovereignty package
The European Union reveals details of its tech sovereignty package New proposals will see the EU further invest in European startups and companies as it looks to strengthen its homegrown tech footprint. The European Commission has announced a new European Technological Sovereignty Package, designed to further reduce its reliance on foreign tech. The EU wants to focus on building out Europe's capacity in areas such as semiconductors, AI, cloud computing and open-source projects.
Explainer: What is electrification – and why is the EU betting its future on it?
Electrifying the European Union's transport and industry sectors largely depends on upgraded power grids and storage capacity. European Union leaders are increasingly championing electrification as the answer to some of the bloc's biggest challenges: high energy prices, industrial competitiveness and the transition away from fossil fuels. But achieving that goal will require massive investment in ageing power grids and energy storage systems, which many policymakers warn are not yet fit for...
A €100 billion queue: Why Europeans are waiting years for clean energy
Providing affordable clean energy to Europeans has become an “absolute obstacle course” due to the continent’s congested grid. More than €100 billion of renewables are stuck in Europe’s outdated energy grid, as communities across the continent wait years for solar panels and heat pumps. A new report by consulting group AFRY, commissioned by non-profit Beyond Fossil Fuels, found that a staggering 375 gigawatts (GW) of clean energy projects and 455 GW of battery storage projects are trapped in...
Europe unveils tech sovereignty package amid growing concerns over reliance on U.S. tech
The European Commission on Wednesday proposed a slew of new rules intended to bolster homegrown chips, AI and cloud services as the bloc scrambles to develop tech sovereignty amid huge reliance on products and services from the U.S. and China. The proposals, which must be approved by all 27 member states, include new actions to bolster advanced chip manufacturing and homegrown cloud computing. As geopolitical tensions across the globe have ramped up, there have been growing calls for Europe...
Public ownership of AI? US officials eye stake in tech revolution
From Washington to Brussels, the fight over who controls artificial intelligence is reaching a turning point, and history suggests the public has always had to wrestle essential technology from completely private control. What do AI mogul Sam Altman, Democratic Party firebrand Bernie Sanders and Donald Trump all have in common? All three want the public to have a stake in the AI boom.
Exclusive-EU cloud rules to curb Big Tech's access to strategic tenders, draft document shows
Exclusive-EU cloud rules to curb Big Tech's access to strategic tenders, draft document shows BRUSSELS/AMSTERDAM, June 1 : The European Union plans to propose strict criteria for cloud computing services in highly critical state tenders that could exclude Amazon, Microsoft and Google from such projects, according to documents seen by Reuters. The proposal is part of the European Commission's Cloud and AI Development Act, which EU tech chief Henna Virkkunen will unveil on Wednesday as part of...
EU chief diplomat eyes sanctions on Russian metals, adding to pressure on Irish refinery
DUBLIN — The European Union should target Russia’s ability to produce metals and refine oil in its next round of sanctions, EU top diplomat Kaja Kallas said Tuesday. Kallas was speaking on a visit to Dublin shortly after the EU published its 21st package of sanctions designed to increase pressure on Russia over its 2022 full-scale invasion of Ukraine. Her focus on metals poses a particularly awkward question for Dublin.
EU plots long game against US digital supremacy
BRUSSELS — The EU is moving to counter American dominance in technology by reaching for one of the oldest tools in its arsenal: industrial strategy. As the European Commission unveiled a plan Wednesday to reduce Europe’s reliance on the foreign technology providers that underpin the modern economy, it was careful to stress that it was not picking a fight with U.S. digital giants. Instead, the tech sovereignty package — motivated in no small part by U.S. President Donald Trump’s weaponization...
EU wants households to cut electricity use as demand from industry and AI soars
BRUSSELS — The European Commission wants households to use less energy at peak times in preparation for an explosion of power demand from artificial intelligence data centers and electrification of the economy. The EU executive said Wednesday it will propose a new law later this year to accelerate the roll out of AI-powered smart meters, which give consumers “greater control over when they use electricity, allowing them to shift consumption to cheaper hours and lower their...
EU plans energy standards for data centres amid concerns over soaring power use
EU plans energy standards for data centres amid concerns over soaring power use BRUSSELS, June 3 : The European Union will develop minimum energy-efficiency standards for data centres, it said on Wednesday, as concerns grow over their rapidly rising power use. EU data centre capacity is expected to more than double in the coming years, reaching 28 gigawatts by 2030 from 12 GW last year. That expansion will lift their share of EU electricity consumption beyond the current 2.5 per cent.