The European Commission proposes to develop a special plan for the European Union, which could reduce the demand for Russian gas by two-thirds as early as this year, the commission said Tuesday in a statement.
“The European Commission has today proposed an outline of a plan to make Europe independent from Russian fossil fuels well before 2030, starting with gas, in light of Russia’s invasion of Ukraine,” the statement read.
“REPowerEU will seek to diversify gas supplies, speed up the roll-out of renewable gases and replace gas in heating and power generation. This can reduce EU demand for Russian gas by two-thirds before the end of the year,” the commission added.
The full implementation of earlier proposals by the EC, which aim to reduce EU emissions by at least 55% by 2030, will reduce annual fossil gas consumption by 30%, equivalent to 100 billion cubic meters, according to the Commission.
“With the measures in the REPowerEU plan, we could gradually remove at least 155 bcm of fossil gas use, which is equivalent to the volume imported from Russia in 2021. Nearly two-thirds of that reduction can be achieved within a year, ending the EU’s overdependence on a single supplier,” according to the same source.
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