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Energy Technology Policy in Europe

In: Innovation, Employment and Growth Policy Issues in the EU and the US

Author

Listed:
  • Jochen Hierl

    (European Investment Bank)

  • Peter Palinkas

    (European Parliament)

Abstract

High fuel prices, the growing concern about global climate change and not least price disputes concerning natural gas supplies from Russia during the years 2005/06 and 2006/07 have highlighted energy policy in European capitals and European Union (EU) decision-making bodies in Brussels. Several political leaders in the EU have called for a common European energy policy – something that national governments have so far resisted in order to preserve their sovereignty over their energy fuel mix, the way in and level at which they choose to tax energy supply and usage, and over their oil and gas stocks (mainly natural gas storage) in order to follow their own energy security, economic and environment/climate change policy targets. Whereas the European Parliament and the European Commission have been calling for a common European energy policy for a long time, powerful national governments have resisted this so far, and even the infamous draft European Constitution does not contain new powers for the EU in this area. But the sentiment in the capitals of Europe has changed and several governments have stressed the need for more common action.

Suggested Citation

  • Jochen Hierl & Peter Palinkas, 2009. "Energy Technology Policy in Europe," Springer Books, in: Paul J.J. Welfens & John T. Addison (ed.), Innovation, Employment and Growth Policy Issues in the EU and the US, chapter 0, pages 273-293, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-00631-9_14
    DOI: 10.1007/978-3-642-00631-9_14
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