EU Seeks Energy Security Solutions to Russian Gas Challenge

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On May 28, the European Commission released its comprehensive energy security strategy. Although the immediate goal is to avert another winter energy crisis such as those Europe experienced in 2006 and 2009, the long-term objective is to reduce European Union reliance on vulnerable foreign energy supplies, especially from Russia. The European Council, comprised of the member states’ heads of state or government, will discuss the proposed plan at its June 26-27 session. Europe’s core challenge is that its energy demand will rise by an estimated 27 percent by 2030, while EU domestic energy production is falling. EU countries already rely […]

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