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European Energy Security Strategy

Geography
Year
2014
Document Type
Policy

Summary

The Commission adopted the Energy Security Strategy in response to the political crisis in Ukraine and the overall importance of a stable and abundant supply of energy.
 The strategy seeks to respond to the high dependence on energy imports (53% total energy consumed imported, including 88% of crude oil, 66% of natural gas, 42% of solid fuels such as coal, 95% of uranium).
 In the short-term, the strategy proposes launching energy security stress tests to simulate disruptions in the gas supply for the coming winter. Other emergency plans and back-up mechanisms may include:
  • Increasing gas stocks
  • Developing emergency infrastructure such as reverse flows
  • Reducing short-term energy demand
  • Switching to alternative fuels
  • Developing new solidarity mechanisms with international partners
 In addition, the strategy addresses medium and long-term security of supply. It proposes actions in five main areas, with the first two particularly relevant to energy efficiency:
  • Increasing energy efficiency (especially in the buildings and industry sectors) to reach the 2030 energy and climate goals; demand management through information and transparency (clear billing information, smart energy meters)
  • Completing the internal energy market and developing missing infrastructure links to quickly respond to supply disruptions
  • Increasing energy production in the EU and diversifying supplier countries and routes
  • Speaking with one voice in external energy policy, use the information exchange mechanism with the Commission about planned agreements with third countries which may affect security of supply
  • Strengthening emergency and solidarity mechanisms and protecting critical infrastructure

Documents

Document
Topics 
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About this policy

Year
2014
Most recent update
28/05/2014
Response areas
Mitigation
Sectors
Buildings, Energy, Industry
Topics
, ,

 Topics mentioned most in this policy  
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Group
Topics
Target
Policy instrument
Risk
Just transition
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector

Note

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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.