Home News The EU plans to replace two-thirds of the Russian gas used by...

The EU plans to replace two-thirds of the Russian gas used by the end of the year

41
0

“The EU has called on all major gas suppliers to help the EU bloc replace Russian gas with alternatives, and the plan is to replace the use of gas with renewable energy or, where possible, with energy savings,” he said. European, informs Agerpres.

Last week, European Economy Commissioner Paolo Gentiloni announced that the EU aims to reduce its dependence on Russian oil and gas by two-thirds by the end of the year and to zero by the end of 2027.

Even though the EU bloc has promised to stop using Russian fuels in 2027, in the short term it will remain dependent on Russia for 26% of its oil and 40% of its gas needs, given that last year the EU imported 155 billion cubic meters of natural gas from Russia.

European officials announced in early March a plan to reduce Russian gas imports by two-thirds this year and said the EU would end its dependence on Russian gas “long before 2030” in response to Ukraine’s invasion. Financial Times.

Read:   How the largest gas producer in Europe benefits from the sanctions imposed on Russia

The European Union executive said it would switch to alternative sources and expand clean energy faster than originally planned, and national governments would be largely responsible for implementation.

Frans Timmermans, vice-president of the European Commission, said at the time that the bloc could import more liquefied natural gas and stimulate the generation of renewable energy.

According to the EC, liquefied gas and natural gas from countries such as the United States and Qatar could replace more than a third this year, 60 billion cubic meters (bcm), of the 155 billion cubic meters that Europe receives annually. of Russia. By 2030, increased use of biomethane and hydrogen could also help.

The source also announced that new wind and solar projects could replace 20 billion cubic meters of gas this year, while tripling capacity by 2030, adding 480 GW of wind energy and 420 GW of solar energy, would could save 170 billion cubic meters a year.

Read:   The price of natural gas has reached a new all-time high on the European market. What were the causes and what value was reached

A 1 ° C drop in home temperatures could save another 10 billion cubic meters this year, while replacing gas-fired power plants with 30 million heat pumps by 2030 could save 35 billion meters cubes, the Commission added.

Countries can tax the profits of energy companies from high gas prices to offset higher electricity bills, the EC said. In turn, representatives of the International Energy Agency said that such taxes could raise about 200 billion euros this year.

If you like this article, we look forward to joining the community of readers on our Facebook page, with a Like below:

Previous articleGreece will build a liquefied gas plant. When it could be ready and how much it would cost
Next articlePfizer maintains sales forecast for Covid-19 pandemic products in 2022