Dark Mode
Saturday, 04 May 2024
Logo
EU seeks to reduce dependency on Russian gas, oil and coal
Ursula von der Leyen/Facebook page

The Xinhua reported, President of the European Commission Ursula von der Leyen said Monday that the European Union (EU) is looking at ways to reduce its dependency on Russian gas, oil and coal.

von der Leyen said when meeting with Italian Prime Minister Mario Draghi that to meet this end, the EU will accelerate its Green Deal, a roadmap for making the EU's economy sustainable.

She said that the EU will work on improving its energy efficiency.

Russian, Ukrainian FMs to meet in Turkey on Thursday

As to the protection of consumers from the price spike amid the COVID-19 pandemic and the Russia-Ukraine conflict, the president said in the long term the EU will also have to look into its energy market composition, especially as renewables are set to represent a bigger share in the future.

Source: xinhua