Will the Ethereum 2.0 update reduce high gas fees?

Will the Ethereum 2.0 update reduce high gas fees?

From cointelegraph.com

What is the Ethereum 2.0 update? Also called Eth2 and Serenity, Ethereum 2.0 is an upgrade to the Ethereum network that promises to bring several improvements. Slated improvements to the network include reduced transaction fees, improved speed and better scalability. The update is currently in development and is expected to be rolled out in stages over the next few years. One of the key features of Ethereum 2.0 is sharding, a way of splitting up the workload so that transaction requests can be processed in parallel. In addition, the Ethereum 2.0 update will make use of proof-of-stake (PoS) rather than proof-of-work ... (full story)

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