: :inin Kyiv (EET)

EU shifts power sourcing away from Russia and towards renewable energy

After Russia’s invasion of Ukraine in February 2022, the European economy, particularly the energy sector, suffered as Russia steeply cut the supply of natural gas and prices rose dramatically. Since then, with the additional urgency from climate change, environmentalists teamed up with national security hawks to try to free Europe from dependence on Russian oil and natural gas.
The European Union’s power supply changed significantly in the year following the onset of Russia’s war on Ukraine, while new measures to conserve energy and reduce reliance on Russia have furthered the continent’s… …read more

Source:: Peterson Institute for International Economics

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