Published on 30 March 2026
Overview
The recent attacks in the Middle East have shown, yet again, how vulnerable Europe’s energy system is to geopolitical shocks. Europe imports around 60% of the energy it consumes, and fossil fuel prices are surging again since the escalation in the Middle East, reaching their highest levels since 2023. Europe is simply too exposed to the volatility of fossil fuel imports. Europe’s energy security and competitiveness will rely on accelerating electrification, and ensuring we have the clean tech to deliver this domestic energy at scale and with speed. The Industrial Accelerator Act (IAA) rightly identifies wind energy as a critical clean technology to boost Europe’s economic resilience. But clear and simple policy framework will be critical to sustaining this industrial footprint. An overly complex framework would increase the cost of projects and slow down deployment, ultimately harming European competitiveness and energy security.
