According to the study, “the EU economy has grown by around 67% in the same period.”
“The EU has managed unprecedented challenges in the energy policy landscape during this Commission's mandate, equipping the EU with a regulatory framework for pursuing the clean energy transition and laying the foundations for renewed economic growth and competitiveness,” the commissions website said.
At the same time, the EU has reduced its dependency on Russian gas, as its share in EU imports “dropped from 45% in 2021 to 18% by June 2024, while imports from trusted partners like Norway and the US have increased.”
The demand for gas has also been reduced in the bloc by 138 billion cubic meters between August 2022, and May 2024, and energy prices “are more stable and remain significantly below the peak levels of the energy crisis of 2022.”
(tf)
Source: ec.europa.eu