Brussels - Capitals: Europe and the Arabs - Agencies
Since Spain assumed the current rotating presidency of the Union early last month, efforts continue to achieve priorities and face the challenges that the European bloc suffers because of it as a result of the Russian war on Ukraine. The last two, according to media reports
The European Union seeks to ensure energy security and reform its system after the unprecedented crisis that its countries faced more than a year ago, especially with the advent of the harsh winter in European countries. Therefore, European countries are working to promote reform of the electricity market, according to what was announced by the current Spanish presidency of the Council of the Union. Europe, which runs until the end of this year.
European reports confirm that the process of reforming the European electricity system will ensure stable and competitive prices for consumers, in contrast to relying on renewable energy sources, according to the Spanish newspaper Larathón. According to the site of the seventh day in Cairo
The priorities of the Spanish presidency of the European Council - which began on the first of last July and will continue for a period of six months - include addressing the development of electrical interconnection and promoting approval of the sixth list of projects of common interest in energy affairs, as well as taking the necessary measures to prepare the European Union for the upcoming winter 2023-2024.
And Spanish diplomatic sources stated that in order to face energy challenges, European countries have agreed on the need for strategic independence, which aims to improve self-sufficiency in Europe and its independence in key areas, and the European Union will push its efforts to pass a European raw materials law and a zero emissions industry law, with a long-term goal. It is based on the establishment of a regulatory framework that guarantees a local, sustainable and efficient supply of these raw materials and contributes to European industrial sovereignty.
The sources pointed out that the Spanish presidency will also work to strengthen the European Hydrogen Bank, to lead the future of green hydrogen.
These moves come as the European Union is currently working in full swing to integrate renewable energy sources into the electricity sector. Developing a competitive market for hydrogen and renewable gases.
According to informed European sources, member states face in this context the challenge of updating their integrated national plans for energy and climate to achieve a new, more efficient, renewable and flexible energy model that includes all economic sectors in the way energy is generated, transmitted and consumed.