Tech Updates

The EU is replacing Russian oil with solar energy

. This week has been a big one in the EU, with the European Commission going all-in on renewable energy and, in particular,solar. 

In March 2022, following the invasion of Ukraine by Russia, the European Union committed to entirely phase out its dependency on Russian gas, oil, and coal imports. It asked the European Commission to develop a plan on how to do so by the end of May 2022. The REPowerEU plan is the result.

An intensive commitment to renewables

The plan commits to partnerships with renewable businesses and a rapid rollout of solar and wind energy projects, combined with renewable hydrogen deployment in the short term. This includes approval for the first EU-wide hydrogen projects by the summer.

Additionally, a hydrogen accelerator is planned to build 17.5 gigawatts (GW) of electrolyzers. This would fuel the EU industry with 10 million tonnes of renewable hydrogen by 2025. Also in development is a modern regulatory framework for hydrogen.

Going all-in on a solar-powered future