OMV Chief Says Renewables Won’t Push Out Gas in EU Any Time Soon

Bloomberg Technology•Monday, September 22, 2025 at 11:17:47 AM

OMV AG's chief has stated that Europe will continue to depend on imported natural gas for many years, as the shift to renewable energy sources like solar and wind is taking longer than expected. This insight is significant because it highlights the ongoing challenges in the energy transition, suggesting that while renewables are essential for a sustainable future, the current reliance on gas will persist, impacting energy policies and economic strategies across the continent.

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