The European Union wants countries to accelerate the energy transition to guarantee a reinforcement of energy independence “until winter”, so that countries such as Germany, the Czech Republic or Poland do not face energy problems in the coldest months, since they are of the most dependent on Russian energy. In addition, the EU wants to reinforce the joint purchase of energy.
António Costa was speaking to journalists in Brussels, at the end of the European Council, and says that it is “very difficult to anticipate on the horizon to what extent the war will continue to have an impact on the increase in inflation”. “Portugal has had a high inflation rate, but compared to the euro zone, it is the sixth lowest. This is due to the incorporation of renewables in our mixture energy”, explained António Costa, noting that there are EU countries with “20% inflation”.
“What is orientation? [da UE] This accelerate the transition to new forms of energy production, reinforce the mechanisms of Joint purchase and interconnections and that we all collaborate in the logistics operation so that the most dependent find solutions. In the Portuguese case, “renewable energy consumption is expected to increase until winter”.
According to Costa, the European leaders also leave Brussels with the guarantee that there may be “certain flexibility in the months of execution without prejudice to the execution of the Recovery and Resilience Plan” to reschedule investments so as not to contract when prices are too high. . leading to economic losses.
In Brussels, according to the head of the Portuguese Executive, there was also “tranquility” in relation to the “stability of the financial markets”.
Source: Observadora
