Speaking at the International Forum on Energy Policy 2025 organised by the Financial Times, European Energy Commissioner Dan Jørgensen said that there will be “no turning back” from the EU’s green transition.
“Affordability and competitiveness go hand in hand with decarbonisation. It’s not for ideological reasons, but for logical reasons. (...) The advantages are obvious. Between 2021 and 2023, electricity consumers in the EU will have saved around €100 billion thanks to solar and wind capacity”, he said.
Faced with persistently high energy prices for citizens and businesses, the Commissioner reiterated that he will be presenting an action plan for affordable energy prices as part of the Clean Industrial Deal, expected on 26 February.
This action plan will include measures to reduce energy prices in the short term (encouraging decarbonisation instruments, dealing with the non-energy parts of energy bills, improving supervision and competition on the gas market), but also more structural decisions “that prepare us for the future”.
He indicated that average annual investment requirements for the energy sector could amount to 574 billion euros over this decade and 694 billion euros over the next few decades, with 91 billion euros earmarked exclusively for networks. (Original version in French by Pauline Denys)