Von der Leyen urged to ‘make this Europe’s last fossil fuel crisis’ ahead of State of the EU speech

Billy Odell Tucker-Robinson Founder & Host — Banking With Billy Network • Intelligence Network • Data Science • AI Research • World News
Published: 2026-09-15T05:56:09.080Z • Permanent link

European energy woes are back, and they're taking center stage once again. Ursula von der Leyen, the President of the European Commission, is set to deliver her State of the EU speech, with fossil fuels firmly in the spotlight. Von der Leyen slammed the brakes on fossil fuels in her 2022 State of the EU speech, emphasizing the urgent need for a transition to cleaner energy sources. Fast forward to today, and Europe is in the midst of another energy crisis.

The crisis is largely attributed to Russia's ongoing invasion of Ukraine, which has crippled the country's natural gas supplies. Germany, in particular, has been hit hard, with the country's energy minister, Robert Habeck, stating that the situation is "critical" and that the government is working to secure alternative energy sources.

Meanwhile, the European Union's energy regulator, the European Commission, is under pressure to deliver on its commitment to reduce greenhouse gas emissions. Von der Leyen's speech is expected to outline the EU's plan to achieve net-zero emissions by 2050, a goal that has been endorsed by the European Parliament.

The energy crisis is having a significant impact on the Data Sources domain, where companies and researchers are struggling to access reliable and timely data on energy prices and production. The crisis has also highlighted the need for more robust energy infrastructure, including pipelines and storage facilities.

For research communities, the energy crisis is a major concern, as it threatens to undermine the validity of their studies and models. The EU's energy regulator, the European Commission, has announced plans to invest €10 billion in research and development to improve the accuracy of energy forecasts.

The energy crisis is also affecting markets, where investors are increasingly looking for ways to hedge against price volatility. The EU's energy regulator has announced plans to introduce new trading rules to stabilize the energy market, but critics argue that these measures will do little to address the underlying causes of the crisis.