DeHavilland EU’s Senior Policy Consultant Christina Kouremenou and Policy Consultant Ilias Bafounis have provided an overview of the EU’s response since the energy crisis began in a Policy Note.
Following Russia’s invasion of Ukraine, the EU has changed many of their strategies for the energy sector, with the key objective of accelerating goals to reduce dependency on Russia for gas and oil.
The Policy Note shares the timeline of the EU’s responses, from February to July 2022, including:
Rounds of sanctions
Policy and legislative Initiatives
Steps to anticipate the upcoming months
Included in this overview are the responses of key stakeholders in the EU energy space including specialists, experts and politicians to some of the policy and legislative initiatives, which include the REPowerEU plan.
ITRE Committee Chair, Mr Cristian Bușoi MEP (EPP, Romania) noted that “by acting together we will manage to rid ourselves of the energy dependence on Russia. At the same time, we must ensure that we do not create a chasm with citizens for whom rising energy prices have a considerable impact on their standard of living”.
Additionally, The Coalition for Energy Savings said that the new target for energy efficiency is still below the full cost-effective energy savings potential. With these suggestions being thrown into the mix, it’s invaluable to have a summary of the exact movements and developments across EU policy and legislation.
Download our Policy Note to find out more information here.