Europe’s Twin Imperative: Securing Energy Supply While Advancing Climate Goals

Recent shocks – Russia’s attack against Ukraine in 2022 and the disruption to oil and liquefied natural gas flows via the Strait of Hormuz in 2026 – expose how fragile today’s supply structure remains and how directly this fragility weighs on industrial competitiveness and macroeconomic performance. This article argues that resilience and decarbonisation are not mutually exclusive and that the only durable response to both imperatives is a consistent, cost-efficient clean energy transformation – pursued with urgency and coordinated at European scale.