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
- social sciencespolitical sciencespolitical policiescivil societynongovernmental organizations
- engineering and technologyelectrical engineering, electronic engineering, information engineeringelectrical engineeringpower engineeringelectric power generation
- engineering and technologyenvironmental engineeringenergy and fuelsfossil energynatural gas
- engineering and technologyenvironmental engineeringenergy and fuelsrenewable energywind power
- natural sciencesearth and related environmental sciencesatmospheric sciencesclimatologyclimatic changes