EU Energy Policy

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Security of energy supply, competitively priced energy and reducing the environmental impact of energy generation are key public policy goals for any country. Electricity imported into the United Kingdom from the EU makes a valuable contribution to the UK’s security of supply. There are already existing connections to France, the Netherlands and Ireland and a further seven interconnectors - to France, Belgium, Norway, Denmark and Ireland - are planned by 2022. By that stage, interconnected electricity could potentially supply around 20% of the UK’s peak energy demand. While the EU and its Member States recognise the value of interconnection, each Member State remains ultimately responsible for security of energy supply to its citizens, and for deciding on the most appropriate energy mix. As EU Member States develop the internal energy market, so the global approach to energy is fundamentally changing, with an increasing reliance on renewable energy. The Commission has accordingly proposed a “Clean Energy” Package. It aims “to keep the European Union competitive as the clean energy transition is changing the global
energy markets.” The proposals have three main goals: a) putting energy efficiency first; b) achieving global leadership in renewable energies; and c) providing a fair deal for consumers. The package consists of eight legislative proposals relating to energy efficiency, renewable energy, electricity market design and governance, as well as a number of non-legislative documents. In this Report, we assess the UK Government approach to the legislative proposals and summarise some of the supporting documentation. At the heart of the proposals is a new approach to electricity market design, designed to ensure a more effective internal energy market that promotes the secure supply of efficient, clean and affordable energy. The Commission also proposes a new overarching energy governance structure with a view to ensuring that the EU delivers on its energy and climate change commitments. Given the interconnection between the United Kingdom and the wider EU energy market, we are concerned to explore the extent to which this legislation will apply to, or impact upon, the United Kingdom once it has withdrawn from the European Union.
Keywords: 
Efficiency, Market, Security of Electricity Supply, Security of Gas Supply, Energy Interconnexions, Renewable Energy, Climate Change, Brexit
Country of publication: 
United Kingdom
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Author: 
Publication date: 
Friday, January 27, 2017
Number of pages: 
55
Title Original Language: 
EU Energy Policy
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