EU’s Energy-related Strategies 2008-2009

2009/10/29

The European Union is putting in place an ambitious energy policy – covering the full range of energy sources from fossil fuels (oil, gas and coal) to nuclear energy and renewables (solar, wind, biomass, geothermal, hydro-electric and tidal) – in a bid to spark a new industrial revolution that will deliver a low-energy economy, whilst making the energy we do consume more secure, competitive and sustainable.

Second Strategic Energy Review – Securing our Energy Future (follow-up)

July 2009

Following the proposals made by the European Commission in its Second Strategic Energy Review tabled in November 2008 and their endorsement by the Energy Council in January and February, the European Parliament and the Spring European Council the Commission has elaborated new rules to improve security of gas supplies in the framework of the internal gas market. The proposed Regulation strengthens the existing system and ensures that all Member States and their gas market participants take well in advance effective action to prevent and mitigate the consequences of potential disruptions to gas supplies. It also creates mechanisms for Member States to work together, in a spirit of solidarity, to deal effectively with any major gas disruptions which might arise.

The Commission prepared a proposal for a Regulation concerning the security of gas supply and repealing the current Directive 2004/67/EC based on Article 95 of the Treaty and encompassing the following principles:

  • Allow the market players, i.e. gas suppliers and transmission system operators to deal with the disruption for as long as possible before any State intervention is taken;
  • As shown in January, this requires sufficient infrastructure to transport the gas, market transparency to allow the players to know the situation and demand management particularly with industrial customers;
  • If market is unable to solve the disruption, to ensure that the right measures are taken by the competent authorities of the Member States, in a coordinated way at regional and EU levels.

In addition the Commission proposed greater transparency on the likely evolution of energy infrastructure in main energy sectors such as oil (including biofuels), electricity and gas, but also in related areas such as the transport and storage of carbon related to energy production. Transparency on planned and ongoing investment projects will help to assess whether there is a risk of infrastructure gaps over the coming years and will contribute to shaping a favourable climate for investment.

Second Strategic Energy Review – Securing our Energy Future

November 2008

Europe has agreed a forward-looking political agenda to achieve its core energy objectives of sustainability, competitiveness and security of supply. This agenda means substantial change in Europe’s energy system over the next years, with public authorities, energy regulators, infrastructure operators, the energy industry and citizens all actively involved. It means choices and investments during a time of much change in global energy markets and international relations. The European Commission has therefore proposed a wide-ranging energy package which gives a new boost to energy security in Europe, i.e.

  • putting forward a new strategy to build up energy solidarity among Member States and a new policy on energy networks to stimulate investment in more efficient, low-carbon energy networks.
  • proposing a Energy Security and Solidarity Action Plan to secure sustainable energy supplies in the EU and looking at the challenges that Europe will face between 2020 and 2050. adopting a package of energy efficiency proposals aims to make energy savings in key areas, such as reinforcing energy efficiency legislation on buildings and energy-using products.

Climate Action – Energy for a Changing world

January 2008

On 23 January 2008 the European Commission put forth an integrated proposal for Climate Action. This package of proposals demonstrates that the EU’s climate change targets, which were agreed by EU leaders in 2007, are not only attainable but represent a major economic opportunity for Europe. The document lays out a strategy by which Member States will be able to slash their collective greenhouse gas emissions by at least 20% and boost the share of renewable energy to 20% of total consumption by 2020.

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