• среда, 22 јануари 2025

EU's von der Leyen announces plan for affordable energy in Europe

EU's von der Leyen announces plan for affordable energy in Europe

Strasbourg, 22 January 2025 (dpa/MIA) - Reducing energy prices in the European Union is a top priority and measures to achieve this would be revealed next month, European Commission President Ursula von der Leyen said on Wednesday.

"Energy prices in Europe are still structurally higher than in the United States and in China, and they vary significantly within the European Union," von der Leyen said.

"We must bring them down while we complete the phase-out of Russian fossil fuels."

Diversifying energy suppliers and investing in "next generation clean energy technologies" were key to lowering prices in the bloc, she said, listing fusion, enhanced geothermal and solid-state batteries as examples.

Geothermal energy uses heat from deeper layers of bedrock to generate energy. In fusion, unlike in the reactors of conventional nuclear power plants, atomic nuclei are fused at extreme temperatures instead of being split.

The EU also needed to attract more private capital to modernize electricity grids and storage infrastructure and better connect low carbon energy systems.

Von der Leyen said she is planning to present a plan for affordable energy in February.

The commission sees the comparatively high energy prices in the EU as one of the main obstacles to the reviving a weakening economy and the competitiveness of the bloc.

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