International Energy Agency Director Fatih Birol said in a joint interview with EU Energy Commissioner Dan Jorgensen that Europe's failure to reduce its dependence on fossil fuels is a major mistake. Birol pointed out that the EU's low electrification rate of about 23% is dragging down the EU's overall competitiveness. He said that the EU should follow the example of countries with electrification rates above 30%. According to a draft report, the EU Energy Commission will announce a plan next week requiring member states to lower electricity taxes and increase subsidies to help households popularize green energy technology. Birol revealed that the 600 gigawatt renewable energy project has now been completed and is waiting in line to be connected to the grid.

International Energy Agency Director Fatih Birol said in a joint interview with EU Energy Commissioner Dan Jorgensen that Europe's failure to reduce its dependence on fossil fuels is a major mistake. Birol pointed out that the EU's low electrification rate of about 23% is dragging down the EU's overall competitiveness. He said that the EU should follow the example of countries with electrification rates above 30%. According to a draft report, the EU Energy Commission will announce a plan next week requiring member states to lower electricity taxes and increase subsidies to help households popularize green energy technology. Birol revealed that the 600 gigawatt renewable energy project has now been completed and is waiting in line to be connected to the grid.