EU doubles down on renewables in response to gas price shock

Ramping up renewable energy capacity is “the best insurance” against future price surges, the European Commission has said as it launched on Wednesday a toolbox of measures to support member states grappling with the rising cost of gas.

by Simon Pickstone
Energy commissioner Kadri Simson at a press conference on Wednesday: “Gas has a role in the transition, but at the same time its contribution is bound to change in the long term.” Photo: Jennifer Jacquemart / EC
Energy commissioner Kadri Simson at a press conference on Wednesday: “Gas has a role in the transition, but at the same time its contribution is bound to change in the long term.” Photo: Jennifer Jacquemart / EC

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