European Fee and Worldwide Power Company in a typical bid to cut back EU reliance on Russian fossil fuels – Information – IEA – IEA
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The European Fee and the Worldwide Power Company are becoming a member of forces to assist EU international locations cut back their reliance on Russian fossil fuels.
By strengthening investments in clear power and power effectivity, the mission goals to mitigate the influence of Russia’s invasion of Ukraine on the EU power sector.
Within the framework of this widespread endeavour, the Fee is providing assist to Member States to cut back their dependence on Russian fossil fuels via the Technical Support Instrument. 17 EU international locations have already joined the mission. This assist is according to the REPowerEU Plan introduced by the Fee on 18 Might, outlining the way to part out EU dependence on Russian fossil fuels and speed up the clear power transition.
The cooperation with the IEA will cowl seven areas: provide and diversification of liquefied pure gasoline; manufacturing of biomethane; stepping up worldwide commerce in hydrogen; acceleration of rooftop photo voltaic and warmth pumps roll-out; demand-side measures and power effectivity; sooner allowing of renewable tasks; modern hydrogen and renewables options for trade.
It would embody workshops, conferences, evaluation, and knowledge monitoring by the Worldwide Power Company.
The first workshop, on 24 Might, centered on supporting the uptake of demand-side and power effectivity measures. The workshop was attended by representatives of the Member States taking part within the mission, the Fee, IEA and by trade stakeholders.
Fatih Birol, the IEA Government Director, mentioned: “The sense of willpower throughout Europe to maneuver quickly away from Russian fossil fuels is spectacular and galvanizing. Clear power applied sciences supply the most effective options to cope with the power affordability and safety crises we’re witnessing in the present day whereas additionally making progress within the combat in opposition to local weather change. The IEA may be very happy to be working with the European Fee and EU Member States to assist them speed up the shift to a safer and sustainable power future.”
Mario Nava, Director-Basic for Structural Reform Help, mentioned: “Assembly the goal of chopping our power reliance on third international locations’ fossil fuels requires to mobilise all obtainable means. Member States can depend on the Fee’s assist via the Technical Help instrument and we’re very happy to work with a educated companion such because the Worldwide Power Company to succeed in that vital aim.”
Ditte Juul-Jørgensen, Director-Basic for Power, mentioned: “The not too long ago adopted REPowerEU plan brings actions and assets to shed EU dependence on Russian fossil gasoline imports as rapidly as attainable, by advancing our clear power transition and turning into extra environment friendly in the best way we eat power, boosting our European Inexperienced Deal efforts. Supported by investments and reforms, we’ve a strong roadmap to observe. Member States’ engagement, solidarity and cooperation are essential within the course of.”
Within the aftermath of Russia’s invasion of Ukraine, the European Fee and the IEA have maintained an in depth dialogue surrounding the power market turmoil and power safety.
On 21 March 2022, within the aftermath of Russia’s aggression to Ukraine, the Fee launched a dedicated call inviting Member States to specific their curiosity in receiving technical assist.
In April 2022, the Fee and the IEA revealed a joint Report ‘Enjoying my half’ to lift European residents’ consciousness of the advantages of power financial savings and the significance of placing power effectivity on the coronary heart of planning and funding. In line with this joint report, by actively finishing up these sensible steps each at residence and within the office, EU residents can contribute to saving 220 million barrels of oil a yr, and round 17 billion cubic metres of gasoline.
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