Currently, the European Union has energy rules set at the European level, but in practice it has 28 national regulatory frameworks. An integrated energy market is needed to create more competition, lead to greater market efficiency through better use of energy generation facilities across the EU and to produce affordable prices for consumers.
Post date: 15 May 2015
The goal of a resilient Energy Union with an ambitious climate policy at its core is to give European Union consumers - households and businesses - secure, sustainable, competitive and affordable energy. Achieving this goal will require a fundamental transformation of Europe's energy system. The Energy Union strategy has five mutually-reinforcing and closely interrelated dimensions, designed to bring greater energy security, sustainability and competitiveness:
Post date: 6 Apr 2015
On 25 February 2015, the European Commission officially adopted the European Energy Union Package and presented the first deliverables:
(a) a Communication on the Framework Strategy for a Resilient Energy Union with a Forward-Looking Climate Change Policy,
(b) a Communication on the EU position for the climate negotiations in Paris in December 2015 and
(c) a Communication on how to bring the EU's electricity interconnection level to 10% by 2020.
The European Council will discuss the Energy Union at its meeting in March 2015.
Post date: 25 Feb 2015
On 4 February 2015, the European Commission launched work on the Energy Union, a fundamental step towards the completion of a single energy market and reforming how Europe produces, transports and consumes energy. The work begun under this commission is right on time in accordance with some of the inherent energy issues of the European Union. The EU imports 55% of its energy. 90%of the housing stock in Europe is energy inefficient, the EU energy infrastracture is ageing and the internal energy makret is far from complete.
Post date: 9 Feb 2015