“The situation in the Crimea is a wake-up call to all of us,” Garrad said during his opening speech at the EWEA 2014 conference that started in Barcelona today.

“It demonstrates the vulnerability of our fossil fuel supply.”

Every EU citizen pays €2 ($2.77) a day for fossil fuels from outside the bloc, Garrad said, adding up to a daily bill of some €1bn for oil and gas imports.

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