Energy UnionWill the EU wait for a wholesale energy crisis before a binding process to decarbonise its energy supplies?
The EU must soon decide on Energy Union governance: a non-binding inter-governmental process – or binding commitments enforced by Commission and capable of litigation by third parties?
Right now – late 2015 and 2016 – EU energy policy is being transferred into Energy Union from the European Semester governance process. In place since 2011, the European Semester focuses primarily on ensuring macro-economic stability.
A weakness of the Semester is that it has binding and non-binding aspects (largely depending on the macro-economic conditions of the Member State). It’s a governance mistake that should not be repeated in designing Energy Union.
The EU must get Energy Union governance right from the beginning – and not wait for an energy crisis before developing enforceable rules.