Regarding the fossil fuels, it should be noted that the recent substantial increase in gas and gasbased energy prices clearly demonstrates the need to urgently invest in renewable energy as a way to reduce the dependency on fossil fuels and external energy suppliers. Green energy is the key to energy autonomy of Lithuania and the European Union as a whole.
If Europe becomes self-sufficient in terms of green energy, the influence of oil and gas will diminish. At the same time, their impact on fluctuations in consumer prices would also weaken, contributing to the overall price stability.