Press conference by European Commission Executive Vice-President Teresa RIBERA and Commissioners Wopke HOEKSTRA and Dan JØRGENSEN on the ETS review and the Energy package

17 juillet 2026

European Commission Commission européenne

00:01 - 00:03
Intervenant 1
Thank you, Commissioner Jørgensen. 
00:03 - 01:53
Intervenant 2
Thank you.  Since the closure of the Strait of Hormuz, we've paid in Europe more than 50 billion euros more for our energy.  That's more than 50 billion euros extra without receiving any extra energy, not one single molecule extra.  This shows us just how vulnerable we are.  It shows us just how economically unsustainable it is to be dependent on outside energy. 

We need our own homegrown energy.  We need that also to be leaders in the fight against climate change.  We're experiencing one of the hottest summers, if not the hottest summer ever.  People are actually dying from the heatwaves.  And we need it for competitiveness reasons. 

We need to replace the black, expensive, polluting molecules with cheap, clean, homegrown electrons.  And for that, it's not enough to just produce more renewables and more nuclear.  That is certainly necessary, but it's not enough.  We also need those electrons to actually be used in our economies, to heat our homes, our buildings, to drive our cars, to produce in our industry.  So this is why we are today proposing to double the electrification rate in Europe. 

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