Energy transition pathways in Central Europe will vary from one country to another depending on the energy-mix, local natural resources and financial capabilities. It will generate more costs due to the greater use of fossil fuels and more belated energy systems. These challenges could provoke a surge in energy prices and thus slow down economic development while also impeding social acceptance for climate policies.
The European Green Deal will create new challenges and opportunities. A symmetric distribution of both depends on the rules beneath the plan. Missing the balance by placing the greatest challenges upon the weaker and the greatest opportunities for stronger, would put in danger not only the unity of the EU but also delivering its ambitious emission reduction.
This CEEP Policy paper has been prepared for the 4th Central European Day of Energy. The event was organised in Brussels in November 2019 by CEEP in cooperation with DG Energy, European Commission.