This article was updated on 17 July to include budget documents that were uploaded at a later stage.
The EU on 16 July unveiled proposals for a beefed-up budget, totalling €1.98 trillion over the seven years from 2028.
With hundreds of billions potentially available, it’s a big deal for the energy sector, as the bloc faces up to multiple climate and competitiveness challenges.
The package proposed by the European Commission represents 1.26% of the bloc’s gross national income — a…
