Challenges in the Face of Crisis
The security of commodity supplies is of fundamental importance for the proper functioning of the EU energy market; alongside competitiveness and sustainable development, it is one of the three pillars of EU energy policy.
The current energy crisis triggered by the actions of Russia and Gazprom has made EU leaders acutely aware of the importance of the security pillar. In the face of Russia’s aggression against Ukraine and Russia’s use of energy commodities as a political weapon, the causes of the current crisis and the threats posed by gas supplies from Russia are now clear for all to see. The European Union has realised that it is necessary to take decisive action to ensure safe and secure gas supplies from diversified sources independent of the Russian supplier.
To achieve this, we need the right political decisions and consistent action over the long term. With its recent proposals, the European Commission is moving in this direction. It is key that measures taken in the European Union are consistently deployed in the Member States and that EU institutions work actively towards their implementation.
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