Energy Union, the EU and the energy sector

Energy Union, the EU and the energy sector

A conference on EU Energy Policy and Competitiveness, organised in Brussels on the 17th of November, exposed the discrepancies between the still theoretical concept of Energy Union and the actual fragile reality on the energy ground. The event attracted high-level representatives of national and European institutions, authorities, industry, research centres, academics and civil society who analysed and discussed the crucial and sensitive components of an EU Energy Union – a body that is able to contribute to boosting European industrial competitiveness. After the 2014 Ukraine crisis and the appointment of the new European Commission, a new political momentum has emerged in the EU regarding the need to create a truly European energy policy, with both the new President of the EU Council, Mr. Donald Tusk, and the new EU Commission calling for the creation of an EU Energy Union. Let us not forget Prof. Jerzy Buzek, Chair of the ITRE Committee in the European Parliament, one of the most fervent and original supporters of the project. During this high-level conference, the newly named Vice-President for Energy Union, Maroš Šefčovič, stressed that we are facing new realities when it comes to energy markets and that the actual situation is fragile. In his vision, the Energy Union should be built, putting in place a more holistic approach across energy policy structures in order to speed up the process. Furthermore, he stressed the fact that a lot has already been done, an energy security strategy has already been approved by the Council, whilst the 3rd Energy Package is already in existence and should be implemented. The Vice-President for Energy Union offered a [...]

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