Gray means disconnected. If your port is connected and working well you may have run into a UI bug.
Energy Efficient Ethernet is described here:
https://en.wikipedia.org/wiki/Energy-Efficient_Ethernet
I see the port speed of my desktop PC and my NAS go to 10mbps when they're turned off, the IPMI and WOL features make it do that. I've never seen a port go to orange because of that though.
It may very well be a cable issue (interference, bad contact, too long, ...).