For European space missions the importance of electric propulsion is strongly growing and has recently experienced a real burst in the telecom market. The initial drivers of this development were programs of the European Space Agency and projects of the European national space agencies. In addition, electric propulsion is now on the priority list of European commercial satellite manufacturers. Actual programs target orbit raising and station keeping with full electric propulsion for telecom satellites. European space industry, represented by individual companies, has developed specific and generic solutions for the electronics dedicated to powering and controlling electric propulsion systems. The European Space Agency and the European Commission providing support for enabling technology related to Power Processing Units (PPUs) and increasing competitiveness.