- Press Releases
March 25 (Renewables Now) - The EU and the US are strengthening their energy cooperation, announcing today the creation of a joint Task Force on Energy Security to reduce Europe’s dependence on Russian fossil fuels, with efforts to include cooperation in offshore wind and hydrogen.
Work will revolve around diversifying liquefied natural gas (LNG) supplies and reducing demand for natural gas.
The US will aim to ensure, including working with international partners, at least 15 billion cubic metres extra LNG for the EU market in 2022 with these volumes expected to be increased in the future.
There will be efforts to reduce the greenhouse gas intensity of new LNG infrastructure, including through the use of clean energy to power onsite operations and the construction of clean and renewable hydrogen ready infrastructure.
A joint statement between the European Commission (EC) and the US affirms a joint resolve to end EU dependence on Russian fossil fuels by 2027.
Earlier in March, the EC unveiled its REPowerEU plan which seeks to make Europe independent of Russian fossil fuels “well before” 2030 in response to Russia’s invasion of Ukraine.
Efforts to reduce natural gas demand will include accelerating clean energy technologies such as demand response devices and heat pumps. The plans also envisage expediting planning and approval for renewable energy projects and strategic energy cooperation including in offshore wind technologies.
The EU and the US will further collaborate to advance the production and use of clean and renewable hydrogen.
The EC stated it is working to reduce gas consumption by maximising renewable energy generation and use, including by limiting curtailment rates.
The task force will be chaired by a representative from the White House and a representative of the President of the EC.