Three Seas Initiative Faces Pressure to Shift Toward Renewables

The Three Seas Initiative (3SI) has established a framework for regional energy, transport, and digital infrastructure, significantly reducing EU reliance on Russian gas from 160 billion cubic meters in 2021 to under 40 billion in 2025. Despite these achievements, the focus has primarily been on gas, with five of nine flagship projects related to this sector, demonstrating a need for a strategic shift toward renewables.

The newly launched 'fund of funds' targets at least €2 billion for infrastructure, emphasizing investments in clean energy, hydrogen, and grid modernization. This fund, which exceeds the previous fund's value, could enhance energy security and reduce fossil fuel dependence, but requires a commitment to prioritize renewables over gas projects for long-term sustainability.