Von der Leyen to brief EU lawmakers on impact of Iran war – Europe live

Commission president later due to meet new Hungarian leader who is seeking to unlock EU funds in return for reforms

Von der Leyen says that “every member state has a different energy mix,” so no blanket EU solution would work.

But she calls for more coordination not just on common procurement, but also on fuel reserves, “especially jet fuel and diesel, where markets are tightening.”

“ Let us use this to make the switch to electricity – not just in transport, but also in industry and heating. This is not only a matter of affordability and competitiveness; this is also a matter of economic security. Thus, speaking of European independence, this is the moment to electrify Europe.”

“This is the second energy crisis within four years, and the lesson should be very clear. Our overdependency on imported fossil fuels makes us vulnerable. … We must reduce our overdependency on imported fossil fuels and boost our home-grown, affordable, clean energy supply. From renewables to nuclear, in full respect of technology neutrality.”

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