EU HRVP Blog: Europe’s energy security and EU-US cooperation

Excerpt

Together with the US and other partners, we oppose the use of energy supply as a weapon and geopolitical lever. The recent EU-US joint statement on energy security already places resilience to future price shocks and safeguards against geopolitical tensions at the centre of the transatlantic energy security agenda. We are committed to ensure the energy security of the EU and our neighbours, including Moldova, Ukraine and the Western Balkans.

The starting point of our strategy is the European Green Deal and the energy transition that we want to accelerate in light of the climate emergency.

In the end, reliable, affordable and secure energy will only come through a decarbonised energy system based largely on renewables. This is why we are also cooperating closely with the US on technology. Energy efficiency, renewables (such as wind power) and hydrogen are high on our common agenda.

The energy transition will continue to change geo-political balances, shifting power from those controlling fossil fuels to those developing clean energy technologies. This will require countries that now heavily rely on fossil fuel exports to diversify their economies and we need to be ready to help them take this big step forward. The net zero and just energy transition is vital to save our planet but will also have foreign policy benefits: a world run on clean energy will be a more stable and better world for all, although it will also create new dependencies because of the materials it requires. A new EU strategy on international energy will be published this spring, to set out in more detail our response to the wider challenges on this issue.

In cooperation with the US, the EU will continue to build a global energy transition that is socially just and takes care of the geopolitical challenges.

Full article in English: https://eeas.europa.eu/headquarters/headquarters-homepage/110574/europe%E2%80%99s-energy-security-and-eu-us-cooperation-%C2%A0_en