As gas prices rise, the European Union is pushing for greater energy freedom

Cooling towers at the Tristin Evolution nuclear power plant in France.

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Luxembourg – The European Union (EU) is pushing to reduce its dependence on foreign energy as gas prices rise on the continent.

The European Union (EU) has been battling high energy costs in recent weeks, prompting the governments of Spain, Italy, Greece and France to take drastic measures to reduce the impact on consumers.

According to the TTT in the Netherlands, pre-monthly gas prices on European standards have risen by about 400% since the beginning of the year. As winter approaches, energy experts are seeing more gas prices.

Eurozone finance ministers discussed the issue for the first time at a meeting in Luxembourg on Monday.

We do not want to be dependent on imports [countries], “French Finance Minister Bruno Le Mayer told reporters on Monday.

The European Union receives most of its natural gas supplies from Russia. A.D. By 2020, Moscow had 43.4% of the EU’s natural gas reserves, followed by Norway’s 20 percent.

Russia could supply more natural gas to the group after Gazprom recently completed the construction of a North Strait 2 pipeline in a politically charged project to supply more gas to the European Union through Germany. The Russian-owned energy giant began filling the pipeline with gas for experiments. Gapprom is awaiting approval from German regulators to open the pipeline.

In a letter to Maire last week, he said: “It is important to increase energy supply and reduce dependence on European gas exports.”

Asked about the EU’s dependence on Russia for gas, EU Commissioner Paolo Gentiloni said the issue would be “definitely” raised in the talks.

He also said that the debate between the eurozone finance ministers included: “How can we resolve it [and] Strengthen our independence, solve procurement costs [and] Various storage methods “

Some EU countries, such as Spain, have called for a European response to rising energy prices.

The European Commission (EU) has this week come up with new ideas for how the EU can tackle the problem. But this announcement has been postponed.

“We will take a little more time to work on it,” Dana Spintan, the commission’s deputy spokeswoman, told reporters in Brussels, Belgium. “It’s very important,” she said.

French model

According to Le Mayer, the EU should follow the French way of holding a large share of the market.

Thanks to the French model, we have more freedom, and this is the key – neutrality.

However, there is a great deal of debate in the 27-member group that nuclear power should be considered a clean source of energy. At the same time, there are fears that higher energy prices will hamper Europe’s green aspirations. This is because consumers are moving forward and paying higher energy bills, which could hurt their support for the rapid transition to climate neutrality.

“If anything, it only reinforces plans to extract fossil fuels,” said Valdis Dombrowski, European Trade Representative in Luxembourg.

Gentiloni added that the EU should coordinate its actions in this area, but that measures could not go against its climate plans.

The EU is working to reduce greenhouse gas emissions by 2030 and to be climate-neutral by 2050.


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