Skip to content
Edit post

EU makes progress in shift away from Russian energy

by Nate Ostiller October 25, 2023 11:55 AM 2 min read
Workers inspect an oil pumping jack at a pumping site operated by the Russian energy company Rosneft near Nizhnevartovsk, Russia, on March 22, 2017. (Andrey Rudakov/Bloomberg/ Getty Images)
This audio is created with AI assistance

The European Union is largely on track to break its dependence on Russian fossil fuels by 2030, according to a European Commission report published on Oct. 24.

The EU has reduced coal imports from Russia by 90%, but more importantly, Russian gas imports have dropped by almost 75% from 2021 to 2023.

After Russia weaponized Europe's dependency on energy imports during the winter of 2022-2023, the EU has put significant effort into preparing for the upcoming winter.  

Almost 99% of gas storage facilities are full, providing breathing room against possible supply shocks, price hikes, or renewed attempts by Russia to weaponize their supply.

The EU has also made progress towards its goal of transitioning to renewable energy by 2030- in 2022, 39% of electricity came from renewable sources.

The "worst effects of the energy crisis may now be behind us," the report said, but there is "no room for complacency."

There could still be unexpectedly high price increases, and the pace of transition must be sped up if the EU is to reach its 2030 goals.

In March 2022, the European Commission released the 'REPowerEU' plan to become completely independent of Russian energy by 2030. "We simply cannot rely on a supplier who explicitly threatens us," European Commission President Ursula von der Leyen said.

Russia's full-scale invasion of Ukraine provided the EU with a much-needed impetus to shift towards renewable energy, the plan said, and an opportunity to finally break from Russia's toxic weaponization of its energy supply to Europe.

Svitlana Romanko: UN climate summit offers chance to confront Russian fossil fuels, climate crisis
As world leaders gather for meetings at the UN’s Climate Ambition Summit, the urgency of addressing the climate crisis cannot be overstated. At the same time, we must confront Russia’s ongoing war in Ukraine, where innocent lives are being lost daily. Over-dependence on Russian fossil fuels has alr…
Support independent journalism in Ukraine. Join us in this fight.
Freedom can be costly. Both Ukraine and its journalists are paying a high price for their independence. Support independent journalism in its darkest hour. Support us for as little as $1, and it only takes a minute.
visa masterCard americanExpress

News Feed

Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.