The liberalisation of European gas markets is widely recognised as a major success by industry analysts. But EU politicians are reluctant to celebrate it because liberalisation on its own has failed to deliver on another key objective – supply diversification. Ironically, Europe is now more dependent on Russian gas than ever.
As Britain looks set to leave the EU's Single Market, business consultants have attempted to map out the numerous challenges facing the energy sector after Brexit, making the case for a transition phase to smooth the exit path.
Britain should seek to remain in the European Union's energy market and carbon trading scheme in a transition period if a Brexit deal is not reached in two years, a report by think tank Chatham House said on Wednesday (10 May).
EXCLUSIVE: EU leaders will not agree on 2030 targets for exchanging energy through electricity interconnectors, because of a long-running row between Spain, Portugal and France, according to documents obtained by EURACTIV.
The European Commission published a study on Monday (13 October) providing the first full dataset on energy costs and subsidies for the 28 member countries across the different power generation technologies, revealing that the largest share of public intervention in the energy sector has been in favour of solar and on-shore wind energy.