What is the solution for the EUs dependence on a few external gas suppliers?
An indispensable element of enhanced security of gas supply in the EU is the effective diversification of supply. Diversification of supply means exploring all possibilities to reduce the dependency on fossil fuels, such as gas for increased energy efficiency and investment into new alternative technologies. But it also means a diversification of supply regions, taking into account that gas will remain an important primary fuel for the years to come. The best way to achieve this diversification is through the establishment of a competitive internal market. Competition prompts innovative solutions to a range of supply constraints. It prompts investment in new infrastructure and research and development leading to new technologies. By harnessing these competitive forces the EU will reduce its dependence on any particular region for its gas supply.
