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A silver lining from the energy crisis? : strengthening the delivery of the EU’s netzero goal, citizen welfare and energy security in responding to the energy crisis
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The State of the Union Conference; 2023; Building Europe in times of uncertainty; Institutional Programme
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ELDERSON, Frank, BUSOI, Cristian, BUTI, Marco, JØRGENSEN, Ditte Juul, moderated by PIEBALGS, Andris, SESINI, Marzia, A silver lining from the energy crisis? : strengthening the delivery of the EU’s netzero goal, citizen welfare and energy security in responding to the energy crisis, The State of the Union Conference, 2023, Building Europe in times of uncertainty, Institutional Programme - https://hdl.handle.net/1814/75666
Abstract
Europe is facing the most serious energy crisis in its history. Deliveries from Russia, previously the EU's largest gas supplier, have been reduced to a fraction of 2020 volumes. Europe’s energy security of supply is under threat and energy prices have skyrocketed. In response, the EU has adopted new legal acts at unprecedented speed and EU Member States are providing support to households and industry. But these necessary short-term reactions have also led to challenges – and opportunities – to decarbonisation goals. Accelerating delivery on the core measures – energy efficiency and massive investments in renewable energy – must be the foundation of the EU's response, as well as rapidly diversifying gas supplies away from Russia. How can Europe’s industrial competitiveness be maintained in the transitional phase, and how can we ensure that energy poverty across the whole EU is avoided?
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This contribution was delivered on 5 May 2023 on the occasion of the hybrid 2023 edition of EUI State of the Union on 'Building Europe in times of uncertainty'