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The New EU Energy Security Strategy

The European Commission recently presented a new energy security strategy for the EU along with a comprehensive study on the issue. Proposed measures aim to reduce energy dependency e.g. by diversifying supply, developing the internal energy market, improving energy efficiency as well as supporting indigenous renewable resources. The strategy has been criticised for the emphasis on traditional solutions like investing in natural gas infrastructure and for its lack of vision. At the Brussels summit in June 2014, the G7 states also reiterated their commitment to a low-carbon economy, climate action and reducing energy vulnerabilities.