Von der Leyen to brief EU lawmakers on impact of Iran war – Europe live

EU needs to reduce its overdependency on imported fossil fuels, and focus on clean energy supply, von der Leyen says On the Middle East, von der Leyen says that the EU “want the ceasefires in Iran and Lebanon to hold,” with urgent need to “re-establish peace and stability through diplomatic means.” But she warns that “the consequences of this conflict may echo for months or even years to come.” “This is the second energy crisis within four years, and the lesson should be very clear. Our overdependency on imported fossil fuels makes us vulnerable. … We must reduce our overdependency on imported fossil fuels and boost our home-grown, affordable, clean energy supply. From renewables to nuclear, in full respect of technology neutrality.” Key events Show key events only Please turn on JavaScript to use this feature EU needs to coordinate more on fuel reserves, focus on electrifying Europe, von der Leyen says Von der Leyen says that “every member state has a different energy mix,” so no blanket EU solution would work. But she calls for more coordination not just on common procurement, but also on fuel reserves, “especially jet fuel and diesel, where markets are tightening.” She adds that the EU needs to “protect consumers and businesses,” but targeting “the most vulnerable households and industries only.” Von der Leyen says that previously too much money was spent on “untargeted” interventions, and this needs to change. …