Dan Jørgensen faces EU energy competitiveness challenge

EU’s competitiveness in energy is behind that of the US and China, and Dan Jørgensen will work to reverse this as the new EU Energy Commissioner, according to Green Power Denmark’s EU chief, Jacob Klivager. The EU lacks growth levels comparable to the US and China and requires annual investments of 750 to 800 billion euros to change this. Investment needs span digitalization, innovation, and particularly green transition, areas where the EU aims to strengthen its industry with a ‘clean industrial deal.’ Jørgensen’s role is crucial in transitioning the energy sector, which relates to security policy and adapting to post-Ukraine invasion geopolitics and competition from China. He must also address practical challenges such as ensuring the infrastructure supports the flow of green electricity across Europe and that it can handle the increasing demands for electrification.