The European Commission will present next week the draft “Repower EU” plan, which analyzes alternatives to Russian fossil energy and emphasizes solar photovoltaics and geothermal energy as key.
The European Commission (EC) believes that the European Union will have to invest €195 billion until 2027 to accelerate the move away from Russian fossil fuels, mainly through the deployment of renewable energy sources, greater energy efficiency and sustainable development of hydrogen.
“The model looks at all fossil fuel imports from Russia, with the natural gas the hardest eliminate it,” the Commission says in the draft “Repower EU” plan it will present next week.
The document, alleged by the French portal contextestimates that the EU could save €80 billion a year on gas imports, €12 billion on oil and €1.7 billion on coal.
Separation of Russian energy products requires commitment “on a large scale” from generation renewableincrease the import of liquefied natural gas, make joint purchases, develop the hydrogen industry and reduce the consumption of hydrocarbons in transport, industry and buildings.
Solar energy, the “fastest”
It will be necessary, the Commission adds, to increase industrial capacity and bet on “key technologies such as solar and wind energy, heat pumps and electrolysers”.
With regard to solar photovoltaics, he assures it is “one of the fastest technologies to deploy” and urges states to double solar energy capacity installed in the EU, up to 300 gigawatts (GW) by 2028. For example, it will promote the “decentralised” installation of solar panels on the roofs of residential, public, commercial and industrial buildings.
Similarly, Brussels proposes to Member States to accelerate the integration of large-scale heat pumps and geothermal and solar thermal, with an emphasis on the development and modernization of heating systems “that can replace fossil fuels” in individual heating systems “particularly in densely populated areas and cities “.
In the field of wind energy, he argues for a “drastic” accelerated deployment of wind energy.
The Commission estimates that it will also be necessary to invest some €29 billion extra so that the electricity grid can absorb the increase in generation and consumption.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
