Europe may swap one energy dependency for another - LJucca -
The European Commission in March suggested accelerating the deployment of solar and wind power in the 27-nation European Union to reduce the bloc’s dependency on Russian gas.
The EU’s “Fit for 55” plan that aims to reduce greenhouse gas emissions by 55% foresees trebling the bloc’s solar and wind capacity by 2030 to replace 170 billion cubic metres of gas consumption. China controls 77% of the upstream production of polysilicon used for solar panels, manufactures 98% of solar panel wafers, 83% of solar panel cells and controls 75% of the manufacturing process to assemble cells, according to data from BloombergNEF.FILE PHOTO: A man views solar panels on a roof at Google headquarters in Mountain View, California, U.S., on June 18, 2007.
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