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How the European Union is preparing the "Third Industrial Revolution" with an innovative energy policy
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1028-3625
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EUI RSCAS; 2009/11; Loyola de Palacio Programme on Energy Policy
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PIEBALGS, Andris, How the European Union is preparing the ‘Third Industrial Revolution’ with an innovative energy policy, EUI RSCAS, 2009/11, Loyola de Palacio Programme on Energy Policy - https://hdl.handle.net/1814/10747
Abstract
It is clear that we are at the beginning of what has correctly been called the "third industrial revolution" - the rapid development of an entirely new energy system. We can expect a massive shift towards a carbon-free electricity system, huge pressure to reduce energy consumption and transport on the basis of renewable electricity. To make this shift in a manner that maintains, and in fact increases the EU's competitiveness, means that stimulating rapid technological development in these areas has to be a central part of the EU's energy policy. Indeed, this is at the heart of the question: how can the EU turn the challenges of climate change and energy security into an opportunity?