European Energy Policy and the Transition to a Low-Carbon Economy: = Politique énergétique européenne et le passage à une économie sobre en carbone
European energy policy faces a number of interrelated challenges, including making the transition to a low-carbon economy, increasing cross-border competition in electricity and gas markets and diversifying Europe's energy supply. The EU has developed a comprehensive strategy in all of these ar...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2010
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| Schriftenreihe: | OECD Economics Department Working Papers
no.779 |
| Schlagworte: | |
| Online-Zugang: | DE-862 DE-863 |
| Zusammenfassung: | European energy policy faces a number of interrelated challenges, including making the transition to a low-carbon economy, increasing cross-border competition in electricity and gas markets and diversifying Europe's energy supply. The EU has developed a comprehensive strategy in all of these areas, encapsulated in 2020 targets for reducing greenhouse gas emissions, raising renewable energy and increasing energy efficiency. These targets are underpinned by an Emissions Trading Scheme, legally binding reduction commitments by member states for the emissions not covered by the trading scheme, the third energy liberalisation package and the Energy Security and Solidarity Plan. The steps the EU have taken are worthwhile but there is also room for improvement. To ensure that the transition to a low-carbon economy is achieved at a low cost, the EU should seriously consider including all transport sectors in the Emissions Trading Scheme when practical and appropriate, and ensure that only sectors rigorously identified as being at genuine risk of carbon leakage should continue to receive free allowances until 2020. Consideration should be given to making use of an EU-wide market instrument to deliver the EU's renewable energy target, and it will be important to ensure that the 10% renewable transport fuel target efficiently achieves its objectives of sustainability and security of supply given the high cost of many renewable transport fuels. Measures to raise energy efficiency will have to be designed carefully so that the overall cost of mitigation is not raised. The Commission's third energy market liberalisation package should be strengthened by requiring full ownership unbundling of transmission service operators and ensuring the powers of the proposed Agency for Co-operation of Energy Regulators are broad enough to contribute effectively to a truly single European energy market. This Working Paper relates to the 2010 Economic Survey of the European Union. (www.oecd.org/eco/surveys/EuropeanUnion) |
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| spelling | Lawson, Jeremy VerfasserIn aut European Energy Policy and the Transition to a Low-Carbon Economy = Politique énergétique européenne et le passage à une économie sobre en carbone Jeremy, Lawson Politique énergétique européenne et le passage à une économie sobre en carbone Paris OECD Publishing 2010 1 Online-Ressource (45 Seiten) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.779 European energy policy faces a number of interrelated challenges, including making the transition to a low-carbon economy, increasing cross-border competition in electricity and gas markets and diversifying Europe's energy supply. The EU has developed a comprehensive strategy in all of these areas, encapsulated in 2020 targets for reducing greenhouse gas emissions, raising renewable energy and increasing energy efficiency. These targets are underpinned by an Emissions Trading Scheme, legally binding reduction commitments by member states for the emissions not covered by the trading scheme, the third energy liberalisation package and the Energy Security and Solidarity Plan. The steps the EU have taken are worthwhile but there is also room for improvement. To ensure that the transition to a low-carbon economy is achieved at a low cost, the EU should seriously consider including all transport sectors in the Emissions Trading Scheme when practical and appropriate, and ensure that only sectors rigorously identified as being at genuine risk of carbon leakage should continue to receive free allowances until 2020. Consideration should be given to making use of an EU-wide market instrument to deliver the EU's renewable energy target, and it will be important to ensure that the 10% renewable transport fuel target efficiently achieves its objectives of sustainability and security of supply given the high cost of many renewable transport fuels. Measures to raise energy efficiency will have to be designed carefully so that the overall cost of mitigation is not raised. The Commission's third energy market liberalisation package should be strengthened by requiring full ownership unbundling of transmission service operators and ensuring the powers of the proposed Agency for Co-operation of Energy Regulators are broad enough to contribute effectively to a truly single European energy market. This Working Paper relates to the 2010 Economic Survey of the European Union. (www.oecd.org/eco/surveys/EuropeanUnion) Economics European Union |
| spellingShingle | Lawson, Jeremy European Energy Policy and the Transition to a Low-Carbon Economy = Politique énergétique européenne et le passage à une économie sobre en carbone Economics European Union |
| title | European Energy Policy and the Transition to a Low-Carbon Economy = Politique énergétique européenne et le passage à une économie sobre en carbone |
| title_alt | Politique énergétique européenne et le passage à une économie sobre en carbone |
| title_auth | European Energy Policy and the Transition to a Low-Carbon Economy = Politique énergétique européenne et le passage à une économie sobre en carbone |
| title_exact_search | European Energy Policy and the Transition to a Low-Carbon Economy = Politique énergétique européenne et le passage à une économie sobre en carbone |
| title_full | European Energy Policy and the Transition to a Low-Carbon Economy = Politique énergétique européenne et le passage à une économie sobre en carbone Jeremy, Lawson |
| title_fullStr | European Energy Policy and the Transition to a Low-Carbon Economy = Politique énergétique européenne et le passage à une économie sobre en carbone Jeremy, Lawson |
| title_full_unstemmed | European Energy Policy and the Transition to a Low-Carbon Economy = Politique énergétique européenne et le passage à une économie sobre en carbone Jeremy, Lawson |
| title_short | European Energy Policy and the Transition to a Low-Carbon Economy |
| title_sort | european energy policy and the transition to a low carbon economy politique energetique europeenne et le passage a une economie sobre en carbone |
| title_sub | = Politique énergétique européenne et le passage à une économie sobre en carbone |
| topic | Economics European Union |
| topic_facet | Economics European Union |
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