Article in Journal
Key Post-Crisis Challenges and Lessons for EU Energy Policy
Frédéric Gonand, Pedro Linares, Andreas Löschel, David Newbery, Karen Pittel, Julio Saavedra, Georg Zachmann
CESifo, Munich, 2024
EconPol Forum 25 (3), 10-14
CESifo, Munich, 2024
EconPol Forum 25 (3), 10-14
- Only by decarbonizing its economy and reducing energy and raw-material dependencies can the EU safeguard its competitiveness in the global markets
- Postponing policies to decarbonize the energy system will increase long-run welfare losses
- Decarbonization offers great potential for improving energy security, if pursued systematically
- EU energy policy must be better coordinated and provide long-run price signals
- To strengthen resilience, systematic risk assessments and improved data infrastructure are essential