European Union Archives • Page 8 of 13 • Eyes on Europe

The American alternative: lobbying in a billion-worth market

9 March 2023 Energy Security International

The war in Ukraine has jeopardised and reshaped the European energy sector, of which almost half is dependent on Russian gas imports. In this regard, it is of vital relevance to highlight the fact that fourteen Member States rely on Russia for more than 50% on its gas imports, which entails a high percentage of financing for Putin’s war within the neighbouring country. In this sense, the dilemma on this political agenda is evident considering that Russia is the largest gas exporter in the world. In the heat of the events in Ukraine, Europe questioned whether it should continue buying Russian gas to guarantee consumption or block its arrival, putting the energy security of the twenty-seven at risk.

Can Nuclear Energy be considered green?

6 March 2023 Environment European Politics

Daniele Bogani 10 min

The debate whether nuclear energy can be considered a green energy has been ongoing for decades, and both sides – those who agree and those that don’t – seem to be entrenched in their positions. However, the topic of nuclear energy has re-surged once again. The reason for this is the current energy crisis taking place in the EU and the urgent need to find alternative energy sources and lower the European energy market’s dependency on Russian supplies.

The future of energy in Europe between COP27 and Russia’s invasion of Ukraine: an interview with Suzana Carp

20 February 2023 Energy Security European Politics

Riccardo Rossi 8 min

This year (2022) has represented an important upheaval in energy matters in Europe, in terms of energy (in)dependence, transition to renewables, supplies and prices, both due to the increasingly worrying climate crisis and following Russia’s unprovoked invasion of Ukraine. The European Union (EU) has proved to be still too dependent on other countries, such as Russia, when it comes to energy supplies and still too reliant on gas rather than on renewable energy sources.

Ukraine’s perspective in green energy substitution for the European market and European divestment from the Russian fossil fuels

9 February 2023 Energy Security European Politics

Lev Zinchenko 6 min

The Russian war in Ukraine has highlighted the European States’ dependency on Russian fossil fuel production. In fact, it led to the ongoing energy crisis which asserted its impact throughout the continent and extended even beyond. This current scenario has led to several discussions concerning the European energy market, and whether there is an existing solution to the substitution of the ramped-up fossil fuel production (to lower the prices) with green initiatives. On 17th November 2022, Ukrainian president Volodymyr Zelenskyi reaffirmed that at the end of the Russo-Ukrainian war, Ukraine “is capable of becoming a key partner of the European Union for the purposes of decarbonization”. Thus, Ukraine has a lot of potential in the advancement of renewable energy, a solution that seems to be feasible and meets every involved actor’s needs.

EIB, sustainable finance, and the role of green bonds, interview with Aldo Romani

2 February 2023 European institutions

Luka Krauss 10 min

This year, the European Investment Bank (EIB) celebrates the 15th anniversary of its Climate Awareness Bond (CAB), the world’s first green bond. What exactly is a green bond? What makes […]

Energy crisis cracks down EU, between a choice of immobility and solidarity at stake

26 January 2023 Energy Security European Politics

Alessandro D'Augusta Perna 6 min

Following the prompt, under the Next Gen EU, to answer to the economic downturn due to the pandemic crisis, once again the European Union Member States find themselves at a turning point: whether to choose a solidarity or a self-centered approach to respond to the energy breakdown.