Skip to content

EU Targets Clean Power, LNG in Plan to Cut Russia Dependence

  • Bloc wants to raise renewables target to 45% of energy needs
  • European Commission unveils details of 210 billion-euro plan
Updated on

The European Union unveiled a raft of measures ranging from boosting renewables and LNG imports to lowering energy demand in its quest to cut dependence on Russian supplies.

The 210 billion-euro ($221 billion) plan announced by the European Commission on Wednesday centers on cutting red tape for wind and solar farms, paving the way for renewables to make up an increased target of 45% of the bloc’s energy needs by 2030. It also agreed on EU-wide emergency rules in the event of a broad supply disruption.