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International Energy Agency’s World Energy Outlook analysis of the implications of the European Union’s Energy Union on key energy sector indicators.

Project description

A closer look at the impact of the EU energy union

Secure, affordable and clean energy for EU citizens and businesses is the goal of the EU’s energy union. Since its launch in 2015, the union has strived to diversify energy sources and improve energy efficiency. The EU-funded WEO project will quantitatively analyse the impact of the EU energy union and highlight lessons learned for other parts of the world. The analysis will be carried out by the International Energy Agency’s World Energy Outlook team. The goal is to deepen understanding and stimulate policy discussion at both the EU level and in the Member States. The project will focus on the energy-climate nexus with more secure, affordable, competitive and sustainable energy in a coordinated and integrated way.

Objective

The objective of this project is to analyse quantitatively the impact of the European Union’s (EU) Energy Union and derive lessons for other parts of the world. The analysis will be carried out by the International Energy Agency’s (IEA) World Energy Outlook (WEO) team. A key channel of dissemination for this project will be the inclusion of the analysis of the EU’s Energy Union in relevant sections of the 2018 edition of the IEA’s flagship WEO publication, which will be launched in November 2018.
The intended outcome is to increase understanding and raise awareness about the implications the EU’s Energy Union can have on key energy sector indicators, in particular in relation to the Energy Union’s five fundamental dimensions: security, solidarity and trust; a fully integrated internal energy market; energy efficiency and moderation of demand; decarbonisation of economy; research, innovation and competitiveness. The insights from the proposed analysis are intended to stimulate policy discussion at both the EU level and in Member States themselves, but are also expected to contribute to the international energy and climate change debate.
Addressing the energy-climate nexus with more secure, affordable, competitive and sustainable energy, in a coordinated and integrated way, is at the heart of both the IEA’s WEO series and the EU’s Energy Union. The IEA is particularly well placed to address this topic in the WEO considering the publication is renowned globally for its capacity and aptitude in regards to in-depth scenario based modelling of energy and climate change, including detailed analysis of the European Union energy market.

Fields of science (EuroSciVoc)

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Topic(s)

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Funding Scheme

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CSA - Coordination and support action

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-IBA-SC3-IEA-2017

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Coordinator

ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 500 000,00
Address
RUE ANDRE PASCAL 2
75775 Paris
France

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Region
Ile-de-France Ile-de-France Paris
Activity type
Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments)
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 600 361,25
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