How can the EU create a future with energy security?
Summary
The European Commission emphasizes that EU energy security depends on reducing overdependence on specific fuels and suppliers. Key strategies include the Energy Union's Strategy and the Security of Energy Supply package, focusing on the internal energy market, the Southern Gas Corridor, liquid gas hubs, and the CESEC initiative. The author advocates for treating energy efficiency as a primary energy source and modernizing electricity market regulations by the end of 2016 to integrate renewables and demand-side response.
Key insights
- The European Union's energy security is threatened by a reliance on imports from unstable regions and the overdependence of certain Member States on specific suppliers, as illustrated by the total halt of gas supply to Slovakia in the winter of 2009.
- The primary drivers for achieving high energy security are the completion of the internal energy market and more efficient energy consumption, supported by the Energy Union’s Strategy (February 2015) and the Security of Energy Supply package.
- Diversification of energy sources, suppliers, and routes is essential for resilience, with specific projects including the Southern Gas Corridor, liquid gas hubs in the north, and the CESEC initiative for interconnectors in south-east Europe.
- The European Commission plans to propose a modernized regulatory framework for electricity market design by the end of 2016 to accommodate the growing share of renewable energy and ensure energy efficiency and demand-side response can compete with generation capacity.
Cite the original document
- APA
- Šefčovič, M. (2016). How can the EU create a future with energy security? World Economic Forum. https://www.weforum.org/stories/energy-transition/how-is-the-eu-dealing-with-energy-security/
- Chicago
- Šefčovič, Maroš. How can the EU create a future with energy security? World Economic Forum, 2016. https://www.weforum.org/stories/energy-transition/how-is-the-eu-dealing-with-energy-security/.
- Wikipedia
- {{cite press release |last1=Šefčovič |first1=Maroš |title=How can the EU create a future with energy security? |publisher=World Economic Forum |date=7 March 2016 |url=https://www.weforum.org/stories/energy-transition/how-is-the-eu-dealing-with-energy-security/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{efovi2016how, author = {Šefčovič, Maroš}, title = {{How can the EU create a future with energy security?}}, publisher = {World Economic Forum}, year = {2016}, month = mar, url = {https://www.weforum.org/stories/energy-transition/how-is-the-eu-dealing-with-energy-security/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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