EU Energy Strategy

The current energy policy for the EU is based on the 2006 Green Paper on “A European Strategy for Sustainable, Competitive and Secure Energy Supply” (European Commission), which opened a wide debate on an independent energy policy of the European Union. The energy strategy seeks to combat climate change, reduce fossil fuel usage and imports, and to promote employment and economic growth through competitive energy supply.

Pursuant to the entry into force of the Treaty of Lisbon, energy policy acts are usually based either on Article 95 of the EC Treaty (internal market) or Article 175 of the EC Treaty (environmental policy).

January 2007 Strategic Energy Review I. The strategy is to be reviewed approximately every two years.

It has 3 simultaneous targets:

  • 1. Combat climate change,
  • 2. Reduce dependence on fossil fuel imports,
  • 3. Promote growth and employment through a competitive energy supply.
These are also known as the three pillars: energy security, sustainability and competitiveness.

The Commission’s energy strategy for 2010 was set with long-term targets for 2050, with an Energy Action Plan for 2011-2020. This draft covers the topics of the energy market, energy efficiency, consumer protection, research and development, and the external energy relations of the EU. The CO2 emissions should be reduced by 80-95% compared to the level in 1990.

The Energy Union is designed to reduce Europe’s dependence on fossil raw material imports, to increase energy efficiency, and to make Europe the world’s leading force in the expansion of renewable energies.

There are five areas in the energy strategy adopted by the European Council in March 2007 to help meet the three long-term energy policy objectives: the natural gas and electricity market, energy security, energy efficiency and renewables, energy technologies, and external energy policy.

Energy Union Strategy

Passed in October, 2014, this is an integrated climate and energy policy framework, setting out a coordinated approach to the 2030 targets for EU member states. It covers energy security, a fully integrated European energy market, energy efficiency and lowering of demand, decarbonisation of the economy, and research and innovation to maintain competitiveness.