EU needs to diversify energy mix: IEA chief

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The European Union should make more progress in diversifying its energy mix, the head of the International Energy Agency said on Monday.
Claude Mandil told a conference in Paris that Europe was increasingly dependent on imported energy supplies but that this was not in itself a cause for concern.
“I am not sure if dependence on imports is in itself a serious problem,” he said adding that Europe should import more biofuels and more coal, noting that its transport services sector was practically completely dependent on oil products.
“The real problem for the security of supply is diversity — that is, not to put all your eggs in the same basket,” he added.
In this respect “Europe is not in a very satisfying situation,” Mandil added.
He added that the issue of diversity was all the more important given the international context of tightening energy markets.

Copyright Reuters, 2006