• Natural Gas News

    FT: Energy Policy – Europe takes power

    old

Summary

Challenges to European energy include subsidies given to companies which use large amounts of energy, the UK's attempt to develop new nuclear and shale gas.

by:

Posted in:

Press Notes

FT: Energy Policy – Europe takes power

Is energy policy made in Brussels? The obvious answer would be no. The EU may have an energy commissioner but he has little real authority. Energy policy is still under the control of individual national governments and as a result there are 28 very different approaches and outcomes. France is supplied by nuclear power. Germany by contrast is phasing out nuclear in favour of renewables. Much of Eastern Europe still depends on coal. There is cross border trade, of course, but most countries have their own distinct energy market.  

A series of announcements over the last few weeks, however, suggests that the European Commission which is in its last year in office wants to assert its authority over energy issues by indirect means, using environmental and competition policy to create a de facto Common Energy Policy. A Commission policy statement on energy will be published before the end of January. The issue promises to become more visible and part of the continuing debate about the balance of power between Brussels and the member states. MORE