Governance of the EU Energy Union
On November 30, 2016, the European Commission released the “Clean Energy for all Europeans” package, which included a proposal on “Governance of the Energy Union”. In 2018, the proposal enters its decisive legislative phase, as the Parliament and Council must agree on a document that will shape the future of the Energy Union.
The Governance proposal promotes the coordination and integration of the policies adopted under the five pillars of the Energy Union: energy security, integrated energy market, energy efficiency, decarbonisation, and research, innovation and competitiveness.
In particular, it is designed to ensure that Member States set targets consistent with long-term EU climate objectives, and aims to enhance transparency and accountability of climate action by Member States.
The importance of the governance package cannot be overstated. Climate change policy governance is particularly important, as it can deliver the stability and predictability of the price signal required for low-carbon investments. An effective governance will therefore be key for the EU to deliver on its international decarbonisation commitments.
ERCST has worked on the Governance package since its release in 2016, and will continue to do so as the legislative process enters its decisive phase. In 2017, ERCST's last piece of research on the topic assessed the governance package as a tool to address policy overlaps.