
From: New Voice of Ukraine 🇺🇦
The European Commission will unveil a new energy plan in February to reduce reliance on Russian resources and lower energy prices, European Commission President Ursula von der Leyen announced at the World Economic Forum in Davos.
She highlighted that prior to Russia’s full-scale invasion of Ukraine, Europe was heavily dependent on Russian energy.
“This energy seemed cheap, but it made us vulnerable to blackmail,” von der Leyen said.
The EU plans to reduce electricity costs through renewable energy sources and nuclear power. Wind and solar energy now generate more electricity than all fossil fuels combined, von der Leyen noted.
“Today, our competitiveness relies on returning to low and stable energy prices. Clean energy is the mid-term solution because it is affordable, creates quality jobs domestically, and strengthens our energy independence,” she said.
“We must not only continue diversifying our energy sources and expanding clean renewable production but also invest in new green energy technologies, such as nuclear fusion, advanced geothermal energy, and solid-state batteries,” von der Leyen added.