Page 6 - European Energy Innovation - Summer 2016 publication
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6 Summer 2016 European Energy Innovation

Building the Energy Union in a
fast evolving energy landscape

By Dominique Ristori, Director-General for Energy, European Commission

                 The world’s energy landscape
                                                                                                                                    is rapidly changing and
                                                                                                                                    Europeans face two major
                                                                                                                                    challenges: We have to
                                                                                                                       respond to the pressing climate
                                                                                                                       challenge of keeping the increase in
                                                                                                                       global average temperature below
                                                                                                                       2°C with the aim to limit the increase
                                                                                                                       to 1.5°C but also to find answers to
                                                                                                                       geopolitical challenges that have major
                                                                                                                       impacts on European citizens and

                                                                                                                       For the first challenge, two years ago,
                                                                                                                       the European Council agreed on
                                                                                                                       a 2030 Framework for energy and
                                                                                                                       climate setting EU-wide targets by 2030
                                                                                                                       to reduce emissions by at least 40%
                                                                                                                       compared to 1990; to be at least 27%
                                                                                                                       more energy efficient and to have at
                                                                                                                       least 27% of renewable energy sources
                                                                                                                       in our final energy consumption.

                                                                                                                       Secondly, geopolitical challenges over
                                                                                                                       the past years have highlighted to all
                                                                                                                       Europeans that diversifying energy
                                                                                                                       sources and suppliers as well as
                                                                                                                       adapting the energy system are crucial
                                                                                                                       for our energy security. In that context,
                                                                                                                       the Commission adopted on 25
                                                                                                                       February 2015 a Framework Strategy
                                                                                                                       for a Resilient Energy Union with a
                                                                                                                       forward looking climate change policy.
                                                                                                                       It is one of the most strategic priorities
                                                                                                                       for the EU for the coming years. It has
                                                                                                                       created a new momentum for the
                                                                                                                       transition towards a low-carbon, secure
                                                                                                                       and competitive economy. The success
                                                                                                                       of the Paris climate conference further
                                                                                                                       underpins this strategy.

                                                                                                                       In this context, one of the top political

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