The Baltic states connected to electricity supplied via Finland, Sweden and Poland after disconnecting from Russia, which had supplied them electricity for decades.

Author: Euronews
Published on: 12/02/2025 | 00:00:00

AI Summary:
Europe will channel €200 billion into AI investments in a bid to catch up with the thriving tech ecosystems in the US and China. The price of gas has reached a record high of the last couple of years on the Dutch TTF but is expected to fall. From €126 per MWh last week, the new average electricity price will be €191. The EU was one of the first powers to enshrine comprehensive regulations around AI. But this strict regulatory environment will simply slow down any form of cooperation with the EU. The US and the UK have notably refused to sign the summit’s declaration.

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