EU Vows No Return to Russian Gas: Renewable Energy Push Faces Headwinds
The European Commission has proposed a complete phase-out of Russian fossil fuel imports by 2028, citing Russia’s weaponization of energy supplies against the EU. This ban, encompassing gas and oil, will remain in effect regardless of the situation in Ukraine, with existing contracts to be terminated by 2026 or 2028. While facing opposition from Hungary, Slovakia, and Austria, the plan is expected to become EU law. The proposal aims to reduce reliance on Russian energy, currently at 13% for gas imports in 2025, while addressing concerns about circumventing the ban through re-flagging of imports.
John Q. Hosedrinker