Energy security is key for the strategic autonomy and economic resilience of the euro area.
Progress made over the last two decades has been curtailed by disruptions to energy markets caused by Russia's war in Ukraine and severe weather in 2022.
Geopolitical developments could hamper it further.
To enhance resilience to energy supply shocks, euro area members should continue increasing their use of domestically produced renewable energy, a priority on the European Union (EU) agenda. (...)
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