How Europe Can Achieve Energy Independence From Russia

How Europe Can Achieve Energy Independence From Russia

The ongoing Russian invasion of Ukraine has brought renewed focus to the fact that European countries are heavily reliant on Russia for their energy needs, importing huge amounts of natural gas from the country.

The European Union buys around 40 percent of its natural gas needs from Russia, along with 27 percent of its oil and 46 percent of its coal, but the bloc has announced intentions to end its dependence on Russia.

On Tuesday, EU officials said the bloc would implement a plan to gain energy independence from Moscow "well before 2030" and cut gas imports from Russia by two-thirds this year.