The European Commission revealed its Clean Industrial Deal on February 26, 2025, setting out a plan to reduce foreign fuel purchases and speed up the shift to clean energy across Europe. The plan targets savings of 45 billion euros on fuel imports in 2025, potentially growing to 130 billion euros yearly by 2030. “Renewable energy projects need investment, but doing nothing is also expensive,” said EU Energy Commissioner Dan Jorgensen. “We save money when we stop buying fuel from outside.” This plan arrives when Europe is still feeling the effects of recent energy troubles. In 2022, the EU spent a … Continue reading EU’s Clean Industrial Deal Targets €130B Annual Fuel Savings by 2030