The Commission on 8 March 2006 issued a 'Green Paper' listing a number of options to achieve "sustainable, competitive and secure" energy supplies in the EU.
The paper - along with input from individual EU countries and the forthcoming spring summit in March - will form the basis for discussions among member states over the shape and direction of the EU's future energy policy. The Commission Green Paper proposes six priority areas:
- completing the internal energy market for gas and electricity (see related EurActiv LinksDossier). A European Energy Regulator could be appointed to look at cross-border electricity issues and decide over a common grid code.
- stepping up solidarity among EU member states in case of supply disruptions, with the creation of gas stocks along the existing compulsory oil stocks required under EU legislation. The paper proposes to establish a European Energy Observatory to enhance transparency of demand and supply Commissioner Piebalgs said he would launch legal action against those countries which have not yet built the required oil stock levels
- diversifying the EU's energy mix yet respecting diverging national choices on energy policy. A regular 'Strategic EU Energy Review' would analyse the impact of national energy policies on other EU countries, a process which could in turn lead to action at community level should conflicts arise
- to address global warming, a new road map for renewable energy is proposed, including targets for 2020 and beyond. An energy efficiency Action Plan, originally due out in March/April will be proposed later in the year (see LinksDossier on energy efficiency and renewables)
- a strategic energy technology plan to "prevent overlaps in national technology and research programs" and ensure EU industries lead the multi-billion market for new energy technologies (see LinksDossier on climate technologies)
- a common external energy policy to co-ordinate relations with external suppliers such as Russia and OPEC countries (see Geopolitics of EU energy supply LinksDossier). The policy would include a list of new pipelines and Liquefied Natural Gas (LNG) terminals to improve security of supply. A revamped EU-Russia energy dialogue would include the prompt signature by Russia of the Energy Charter Treaty, an international agreement which came under the spotlight with the Ukraine-Russia gas dispute in January (see LinksDossier on EU-Russia energy dialogue).



