Security of Supply
The EU imports more than half of all the energy it consumes and it is particularly dependent on imports for crude oil (more than 90%) and natural gas (66%). Many European countries heavily rely on single suppliers in difficult and politically unstable States, making the EU vulnerable to external energy shocks. Heat pumps provide competitive, decarbonised and efficient solutions that employ European resources and contribute to decreasing Europe’s exposure to external shocks in the energy sector. They can help increasing energy security by providing a real alternative to the EU’s dependency on fossil fuel imports. Thus, a significant increase in the number of heat pumps installed in Europe could raise the level of efficiency and renewable share in the EU’s energy sector and, for instance, put an end to the need for Russian gas imports.
In May 2014, the European Commission issued its Energy Security Strategy, setting out concrete measures to strengthen Europe’s resilience and reduce its energy import dependency. It was followed in 2016 by a Commission proposal for a new Regulation concerning measures to safeguard the security of gas supply, which was formally adopted in October 2017.