ETNERGY specializes in providing innovative solutions to “Public and Private” stakeholders in Europe. Founded in 2024, in response to the “European Energy Crisis” arising from the Ukrainian-Russian conflict, ETNERGY aims to support sustainable, resilient and affordable solutions.
Since 2020, the European Union has faced numerous challenges that have effectively highlighted the importance of a strategic “Energy Policy”. served as a precursor to the European Energy Crisis, underscoring the vital importance of European sovereignty in essential economic sectors. In contrast to other regions of the world, Europe is relatively “resource poor” and heavily dependent on imports from nations such as the United States, China and others. In response to the COVID-19 Pandemic, the European Union, through the NextGeneration Fund, launched several initiatives : the EU Solar Strategy, the European Green Deal and many more, aimed at reducing its reliance on external imports.
The urgency of achieving sovereignty in various sectors of the economy was further amplified with the onset of the Russian-Ukrainian war in 2022, which brought Europe’s vulnerabilities into sharper focus. For instance, countries such as Germany, Poland and others, became extremely reliant on Russia, who decided to retaliate on European sanctions by effectively cutting down the supply of cheap natural gas. This drove European nations to accelerate their transitions towards more sovereign, and simultaneously more sustainable energy sources.
Simultaneously, millions of Europeans struggled to pay their utility bills as natural gas prices skyrocketed, leading to a corresponding surge in electricity costs, measured in euros (€) per kilowatt-hour (€/kWh). The situation was particularly severe in countries, such as Germany, the Netherlands, United Kingdom and others, that were and still are heavily dependent on natural gas for electrical generation, where in some cases, electricity costs increased more than fivefold, approaching nearly € 1 per kWh. To overcome these significant challenges, countries in the European Union implemented various short-term policies ranging from Fiscal Policies (e.x. VAT Reductions from 21 % to 6 %) to Government Funded Subsidies (e.x. Boulcier Tarifaire), in an uncoordinated manner.
Energy extends far beyond providing comfort in our homes; it is a pivotal factor in determining the competitiveness of firms (e.g., Volkswagen, Duralex, and others) in the global export market against other rivals. This further highlights the critical importance of a strategic “Energy Policy” in protecting industrial expertise, economic resilience, and global competitiveness.
ETNERGY 