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In February 2016, the European Commission proposed a new regulation on security of gas supply in order to develop a stronger collective response to future supply risks. Major innovations in the Commission proposal include a solidarity principle that prioritises households and essential social services during an emergency situation; mandatory regional preventive action and emergency plans based on new templates; fewer exemptions on bidirectional capacity, in order to facilitate reverse gas flows; ...

New rules on security of gas supply

At a Glance 05-09-2017

In February 2016, the Commission adopted a proposal to revise the 2010 regulation on security of gas supply. Trilogue negotiations in early 2017 produced an agreed text that was endorsed by the Industry, Research and Energy (ITRE) committee in May 2017. The Parliament is due to vote on this text during the September 2017 plenary.

In February 2016, the European Commission proposed a new regulation on security of gas supply as part of its sustainable energy security package, in order to develop a stronger collective response to future supply risks. Major innovations in the Commission proposal include a solidarity principle that prioritises households and essential social services during an emergency situation; mandatory regional preventive action and emergency plans based on new templates; fewer exemptions on bidirectional ...

On 16 February 2016 the European Commission proposed a new regulation on security of gas supply as part of its sustainable energy security package, in order to develop a stronger collective response to future supply risks. The Commission proposal would replace and repeal an existing regulation on the subject, in force since December 2010. The Commission proposal seeks to improve rather than overhaul the existing regulation, and keeps many of its key features intact. Major innovations include a solidarity ...

Recent Trends in Energy Prices

In-Depth Analysis 15-12-2015

After a dramatic fall in 2014, oil and fuel prices in euro terms increased in the first part of 2015, before decreasing again and since mid-2015 to record low levels, similar to early 2015. However, retail gas and electricity prices - which traditionally follow similar trends with some delay stabilized or in some cases even increased, in large part due to higher taxes. Large differences persist amongst EU Member States and commodities. Conversely, most experts claim that fossil fuel prices can be ...

Smart electricity grids feature in the European Commission's Energy Union package and constitute a priority for the EU in the energy field. Proponents of smart grids argue they can contribute to a more efficient use of energy, increasing the share of renewables in the energy mix, reducing the infrastructure required to supply electricity, and curbing overall energy consumption. Smart grids can also empower consumers, making them more aware of their energy use and able to adjust it in response to ...

The crisis in Ukraine has led to seven rounds of sanctions between Russia and the EU – and may well lead to more. Energy is the most alarming casualty in this clash, with the EU and Russia largely interdependent in the domain. The level of dependency among EU Member States varies greatly, as does their ability to respond to Russian warnings and actions. Ukraine's gas situation is also at stake. The Russian gas exporter Gazprom ceased exporting to Ukraine in June. In late September, gas cuts were ...

The study provides an overview of energy policies of South Mediterranean countries in and outside of the EU and describes the state of play regarding the development of energy routes and infrastructure. The study also offers recommendations on (external) energy policy and provides advice on fostering regional integration and the interconnection of energy networks of Mediterranean countries.

The Russian Economy More than Just Energy ?

In-Depth Analysis 29-01-2009

Executive summary Russia has enjoyed a decade of high economic growth because of the eventually successful market reforms in the 1990s but also an oil boom. For the last six years, however, the Russian economy has become increasingly dysfunctional because the authorities have done nothing to impede corruption. The energy sector has been a generator of corrupt revenues, and its renationalization has concentrated these corrupt incomes in the hands of the security police elite. Russia depends on the ...

This study seeks to give an overview on legislation on energy policy. The full legal text has not been reproduced, but only a selection of those elements which may be of use in daily parliament work. The full references, however, make it possible for the reader to consult the complete legal text without difficulty.