As European leaders continue to work together on additional measures to tackle the energy crisis, energy prices remain volatile on the markets. Railways, as a largely electrified mode of transport, are significantly impacted by the high energy prices and face additional yearly costs estimated at €10 billion for the sector. This is causing major concern for the financial sustainability of railway operations. In view of the extraordinary Energy Council on 13 December, the Community of European Railway and Infrastructure Companies (CER) reiterates the need for low-carbon, energy-efficient rail to be supported if the EU is to achieve its climate and energy targets in 2030. (....)