European Union2022-10-18en
REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS State of the Energy Union 2022
Summary
The EU is grappling with an unprecedented energy crisis caused by Russia's war in Ukraine, leading to extreme price volatility and energy insecurity across its system. In response, the EU launched the REPowerEU Plan, an initiative focused on saving energy, diversifying supply, accelerating renewable energy deployment, and integrating strategic investments and reforms. Significant progress is underway, with gas storage levels exceeding 91% and Russian gas imports drastically reduced, demonstrating the Union's commitment to ending dependence on Russian energy.
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