Prime Minister Robert Abela pledged to keep Malta’s energy prices stable at the ninth European Political Community summit in Dublin. The meeting brought together EU and non-EU partners to discuss energy, competitiveness, Russia’s war against Ukraine and European security.
Abela said a more secure energy supply would help keep prices affordable for households and businesses. He said Malta was working with Italy on a subsea electricity interconnector and exploring a separate link to North Africa to import renewable energy.
He said affordability was important for both competitiveness and the transition to clean energy. Abela argued that Malta stood apart because government subsidies shielded households and businesses from higher energy and fuel costs. He said oil prices had begun to show signs of stabilising and reaffirmed the government’s pledge to keep prices stable.
On artificial intelligence, Abela called for investment in training and said Malta would update its national AI strategy. He also said air and sea links should remain affordable and reliable as work to cut emissions continues, particularly for island countries with few alternatives.
Abela said Malta was investing in skills, technology and infrastructure to improve living standards and that European partnerships could improve access to information and markets. The summit also covered diplomacy in Ukraine. The Office of the Prime Minister said Malta would also take part in the informal European Council meeting on Friday, 13 November.
