Over the past five years, geopolitical conflicts have twice triggered major increases in energy prices across Europe, exposing the EU\u2019s dependence on fossil fuels and the vulnerability of its energy system.<\/p>\n\n\n\n
According to European Commission President Ursula von der Leyen, the recent conflict in Iran is costing the European Union around \u20ac500 million per day. Rising oil and gas prices continue to impact households and businesses throughout Europe.<\/p>\n\n\n\n
For the European Commission, the answer is increasingly clear: producing more renewable energy at home.<\/p>\n\n\n\n