European Commissioner: Putin's attempts to blackmail Europe with energy have failed

European Commissioner: Putin's attempts to blackmail Europe with energy have failed

"Thanks to Russian aggression, Europeans have made huge investments in renewable energy sources

European Commissioner: Putin's attempts to blackmail Europe with energy have failed

The Mediterranean region has played a key role in helping 27 EU countries to overcome an extraordinary year of energy crisis and difficulties caused by Russia's invasion of Ukraine. This was stated by European Commissioner for Energy Kadri Simson, speaking at a meeting of EU Mediterranean energy ministers in Malta.

The EU launched the REPowerEU plan in May 2022 in response to the market disruption caused by Russia's invasion of Ukraine, with the aim of saving energy, increasing clean energy production and diversifying energy supplies.

"One year later, we can say that Putin's attempt to blackmail Europe with energy has failed, and more importantly for the long term, we have made huge investments in renewable energy," Simson said.

"We are still coming out of the energy crisis, and next year will still be challenging. Europe needs to do a better job of developing its own industry for a clean transition and meet its renewable energy targets to make better use of Europe's energy independence," the Commissioner emphasized.

Background. As reported, OPEC has decided to cut oil production, which will accelerate the world's transition to green energy.

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