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European Energy Union: Must Do Better!

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by Philipp Fink, Antoine Guillou and Robert Schachtschneider, 12 July 2017

 

 

 

As the EU goes through troubled times, there is a crucial need to identify core policies that affect every one of its citizens. Considering energy policy to have such potential, European Commission President Jean-Claude Juncker announced back in 2015 the Energy Union project, outlining the five dimensions it should focus on – (a) energy security, solidarity and trust; (b) full integration of the European energy market; (c) energy efficiency as a means to moderate demand; (d) decarbonisation of the economy; (e) research, innovation, and competitiveness.

 

Concrete legislative proposals, the Clean Energy Package, were released by the Commission in November 2016. The package aims at defining the key objectives of European energy policy for 2030, notably in terms of energy efficiency and renewables development, but also to further develop electricity market design. Indeed, even though the EU is on track to reach its 2020 goals, one can argue that much more profound changes have to be undertaken if the EU is to reach its objectives for 2030, and even further to fulfil its commitment made at COP 21 in Paris.

 

Despite the package’s impressive scope, whether the Commission’s proposals and above all, its overall strategy, are fit for purpose is open to question. The proposals follow a business as usual approach. Instead of building upon the dynamics in the current market that enable profound change towards decarbonisation, the Commission opted for only incremental improvements in the current regulatory framework (...)

 

 

You can find the full article at the SocialEurope website.