Completing the Energy Union to Maintain Competitiveness
European energy businesses are concerned about the EU's global competitiveness, questioning the current state of the EU's energy union.
Europe is facing significant geopolitical, economic, environmental, and technological pressures that threaten its strategic landscape. The war in Ukraine has exposed Europe's energy vulnerabilities, while competition from the US and China is highlighting weaknesses in Europe's industrial and digital sectors.
A recent conference, the PKEE Energy Day, brought together policymakers, industry leaders, and energy stakeholders to discuss the challenges and potential solutions.
Europe finds itself at a critical juncture, besieged by a convergence of geopolitical, economic, environmental, and technological pressures that threaten to reshape its strategic landscape.
- Russia's war on Ukraine has exposed Europe's energy fragilities
- Intensifying competition from the US and China is exposing vulnerabilities in Europe's industrial and digital foundations
Author's summary: EU energy union is crucial for competitiveness.
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