The European Commission recently published its State of the Energy Union Report 2024. The Commission says that the report “describes how the EU has managed unprecedented challenges in the energy policy landscape during this Commission’s mandate, equipping the EU with a regulatory framework for pursuing the clean energy transition and laying the foundations for renewed economic growth and competitiveness.”
One of the notable challenges the EU is facing at the moment, of course, is the continued Russia invasion of Ukraine. Having previously relied on an enormous amount of fossil gas (aka natural gas) from Russia, the EU has had to find ways to replace it. Part of that has been getting fossil gas from elsewhere (most notably, the US). However, part of that has involved simply cutting demand for fossil gas. Overall, it’s impressive how much the Union has been able to do that, as evidenced in the following chart:
Click here to read the full article
Source: Clean Technica
—
If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.