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Alexey Grivach about challenges of the EU common energy system in the "Expert's Opinion" show

"Disconnection of Switzerland from the EU electric power system will seriously harm the whole project of the European Union. All countires, this way or another, will have to invest additional funds into the energy capacities. Thus, it can challenge the actual existence of such alliance as the European Union, and the Swiss energy case can become a very hard blow", believes journalist, political scientist and Deputy CEO of the National Energy Security Foundation Alexey Grivach. The expert told about consequences of disconnection of any country form the EU electricity system today, on June 22, during the "Expert's Opinion" show.

"The birth injury of renewable energy is its instability and very low efficiency. It has certain advantages due to the fact that no fuel needs to be burnt, but that advantage is disguised. In order to build those generators and the infrastructure, a manyfold increase in utilization of rare-earth metals is needed, and they are also fossils and quite rare resources. Thus, we are talking about substituting one dependency from fuel resources with a new one", said Grivach.

When answering a question whether it was beneficial for someone to make European countries dependent on third-party energy suppliers, the expert said that the process had been initiated by the actual leadership of the European Union.

"The EU put a stake on that kind of transformation: raising the climate agenda in order to support its competitive ability and be eligible for global leadership based on new values and climate protection. Thus, to create such a system where all other countires will have to pay for that EU policy, which is extremely costly. It is difficult to have a competitive power while incurring such expenses", mentioned the expert.

"The European energy policy remains quite disparate even with all the effort made to unify it, and energy balances of the EU member countries are significantly different. Unification is progressing very slowly and has big problems. And those measures aimed at providing subsidies, which larger countries can afford, smaller countries, which view that process more rationally, cannot afford and try to lobby for help. The EU, from the point of view of development of the energy industry and the economy, will experience difficult times. It is necessary to align its ambitious goals with actual abilities", concluded Alexey Grivach.

A recording of the event is available on the YouTube channel of the Gorchakov Fund.