The European Council agrees on 30 May night that the sixth package of sanctions against Russia will cover crude oil, as well as petroleum products, delivered from Russia into Member States, with a temporary exception for crude oil delivered by pipeline.
On 18 May 2022 the European Commission presented the REPowerEU Plan, already announced in March. The Plan was discussed last night by the 27 European Leaders.
This plan is a sort of response to the energy problems facing Europe. The need to give more courage to the ambitions already expressed for 2030 and 2050 in the energy field and that the war in Ukraine has made more urgent.
This means that there is a double urgency to transform Europe's energy system:
The European Commission thinks that "by acting as a Union, Europe can phase out the dependency on Russian fossil fuels faster" through:
The current European energy structure
The European energy structure is the same as in the last 30 years, even if the use of coal has decreased in favour of gas and oil and the supply of renewable sources is constantly increasing.
We see in this graph the amount of consumption in Europe between the different energy sources nel 2020.
Today, renewable energies cover only 18% of Europe's annual energy needs. Knowing that increasing supply from nuclear power plants takes many years (and the consent of the population),
it is understood that Europe must undergo a horse cure if it is to replace all the coal that is still burning, and all the Russian gas and oil, by starting towards the objectives set for 2030 and 2050.
And the distribution of energy sources in final consumption also depends from country to country, therefore a European policy of transition towards a different energy structure must also deal with the difficulty of not having a homogeneous starting situation.
In this case, attention must be paid above all to the relative values and not only the absolute ones of the sources used by each country.
This explains why while for some countries giving up a source or supplier is not too complicated, for other countries it can be a very difficult choice to make in a short time.
What is Europe's progress towards the 2030 and 2050 goals?
Europe has seen a continuous evolution of the spectrum of primary energy sources, with a progressive replacement of coal with other fossil sources and a part of these replaced by renewable sources.
It is not always a linear trend, because in the absence of public policies, the energy transition is due to market conditions, or to the initiative of pressure groups.
How much does each source imported into Europe weigh on final consumption?
Oil always has a dominant share, both as an imported source and as a resource used: for transport, in industry and for the production of electricity. However, it represents about 1/3 of final consumption, such as gas and electricity.
The European objective is to expand the share of electricity at the expense of gas and oil, but by producing it from renewable sources and hydrogen.
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