cover image: Reducing European Dependence on Russian Gas: Challenges and New

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Reducing European Dependence on Russian Gas: Challenges and New

17 Mar 2022

Gas imports of EU from countries Source: Eurostat Database (Comext) and Eurostat Estimates According to data from the International Energy Agency, the European Union imported 155 billion cubic meters of natural gas from Russia last year, accounting for almost 45 percent of total EU gas imports and close to 40 percent of overall consumption.1011 In 2020, gross inland natural gas consumption in the. [...] In 2004, the EU received 8.5% of its total energy consumption from renewable energy sources, but in 2019 this figure rose to 19.7%.28 According to the EU's energy strategy for 2020 and 2030, the share of renewable energy resources was expected to increase to 20% and 27%, respectively. [...] Thus, for the first time in the history of the EU, the share of renewable energy sources in electricity production last year exceeded hydrocarbon sources. [...] The main reason for this is the doubling of the capacity of solar and coal power plants within the Union in the last 5 years. [...] 1) Finding alternative energy sources to expand in a new market that is not traditional 2) Provide technical assistance to participating countries to increase the capacity of the Southern Gas Corridor 3) Intensification of negotiations in Brussels and Astana for Turkmenistan's accession to the Southern Gas Corridor 4) Ensuring the supply of more gas to the European market under the tripartite Swap.

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Pages
18
Published in
Azerbaijan