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    Forbes: The Role Of The New European Energy Union

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Summary

Forbes' James Conca ponders, if the EU develops a single energy market, how might its goals and ideals be enforced in individual countries?

by: Erica Mills

Posted in:

Press Notes

Forbes: The Role Of The New European Energy Union

The European Commission has launched an initiative to create a European Energy Union to “reform how Europe produces, transports and consumes energy.”

On February 4th, the European Commission began debate on the aims of this Energy Union (World Nuclear News) which are:

- diversifying of energy sources currently available to the Member States,

- helping EU countries become less dependent on energy imports, and

- making the EU the world number one in renewable energy and leading the fight against global warming.

EU energy ministers met on Friday in Riga, Latvia, to discuss the creation of their Energy Union and its five goals:

1) ensuring security of supply

2) building a single internal energy market

3) raising energy efficiency

4) decarbonizing national economies, and

5) promoting research and innovation.

But you better watch out for the second and fourth goals on this list! Building a single internal energy market sounds like it will include enforcement, and decarbonizing everyone’s economies might not sit well if you have a definition of decarbonizing that differs from Germany’s.

Read the full article HERE.