European Commission plans to get rid of dependence on Russian gas supplies by the end of 2020s Reuters With reference to the EC declaration.
According to Brussels, Russia’s gas imports to the EU will drop to 40-45 billion cubic meters this year, compared to 155 billion cubic meters in 2021. The reduction in supply is offset by greater solar energy use as well as imports from Norway and the USA. However, according to Brussels, EU countries are not yet actively expanding renewable energy to reach the 42.5% target by 2030.
European Commission Vice President Maros Šefčović at the beginning of September named Completely cutting off Russian gas “is an almost impossible task.” The IEA predicts that prices will remain high in Europe despite full storage capacity. Additionally, the agency predicts that Russia will be will lose About half of the global market share due to diversification of global supply chains.
Formerly president of the IEA guess The end of the “golden age” of gas.