The European Union is experiencing troubled times in regard to the current energy prices (and winter yet has not come). Some would argue that this situation we are facing (high energy prices, dependency on unreliable partners for energy supply) was just revealed by the war in Ukraine and the moral impossibility (at least in political discourses) to buy from Russia, and that it was a low-hanging fruit because the EU had not done the necessary efforts to emancipate itself from energy imports, therefore relying on others’ willingness’s amongst other factors.
What has been the EU’s answer so far? How did the EU heads of State and MEPs, with the European Commission, react to this shock?
CERRE Research Fellow Catherine Banet discussed the REPower EU Plan, the latest national and European measures taken to tackle this phenomenon and our report on the wholesale electricity market.
Listen here.