EU says on track for alternative energy sources
"Our aim in Europe is to explore energy resources that are diverse, renewable and does not put the environment at risk," said Loyola de Palacio, Vice President of the European Commission.
"EU is on the right track in pursuing an active policy in favor of renewable energy sources," she said.
Currently, half of the fuel in EU is imported which is set to increase to 70 percent in the next 30 years, according to a study published by the Commission in November.
The report said that while EU had limited scope to influence energy supply conditions, it can influence energy demand conditions by promoting energy saving in the buildings and transport sector.
Doubling the share of renewables from 6 percent to 12 percent and raising their part in electricity consumption from 14 percent to 22 percent by 2010 is an important objective, Palacio said.
The United States also is looking to increase domestic energy supplies to reduce its dependence on foreign oil, boost electricity generation and ensure enough energy to fuel the U.S. economy.
Earlier on Thursday, U.S. Democrats unveiled a broad energy plan to boost oil and renewable energy supplies which will increase domestic production of energy, reduce demand by improving energy efficiency and promote the use of clean renewable sources of energy.