In this podcast, we look at the potential gains of more European action versus the costs of non-Europe in the area of energy, one of the 50 policy areas investigated in one of the latest studies from EPRS: “Increasing European added value in an age of global challenges: Mapping the cost of non-Europe (2022-2032)”. We analyse how closer EU cooperation in this area could bring substantial economic, social and environmental benefits.

EPRS podcast policy - Mapping the cost of non-Europe: Transformation of EU energy systems

Against the backdrop of the war in Ukraine, the disruption of Russian gas supplies has led to skyrocketing electricity prices and market volatility, leading the Commission and member states to consider new policy options such as capping prices or decoupling of gas and electricity prices. In recent months, Parliament and Council have adopted an&nbsp;emergency plan for filling gas reserves.

The Commission has also launched the&nbsp;RepowerEU&nbsp;plan to reduce the&nbsp;dependency from Russia, diversify gas supplies, speed up the roll-out of renewable gases and replace gas in heating and power generation as well as&nbsp;EU-wide gas consumption reduction measures.

This can&nbsp;reduce EU demand for Russian gas by two thirds before the end of the year. The EC came with proposals how to deal with the problem during the SOTEU speech of Ursula von der Leyen.

European Union countries agreed on 30th September on series of meeasures, including energy levies on windfall profits of energy companies or binding targets to reduce electricity consumption.

Energy prices

Employees walk into the Staudinger black coal power plant in Grosskrotzenburg, near Francfurt, Germany.

Transformation process of shale gas, chemical conditions and effects.

Valves of gas supply.

View of the Staudinger black coal power plant,smoking chimney, in Grosskrotzenburg, near Francfurt, Germany.

View of the Staudinger black coal power plant, coal stacks, in Grosskrotzenburg, near Francfurt, Germany.

View of the Staudinger black coal power plant, chimney, in Grosskrotzenburg, near Francfurt, Germany.

View of the Staudinger black coal power plant, worker, in Grosskrotzenburg, near Francfurt, Germany.

View of the Staudinger black coal power plant in Grosskrotzenburg, near Francfurt, Germany.

Hydrogen is expected to play a key role in a future climate-neutral economy, enabling emission-free transport, heating and industrial processes as well as inter-seasonal energy storage. Renewable hydrogen can sustainably contribute to achieving climate neutrality in the EU in the long term. This infoclip illustrates an Hydrogen Hybrid Power Plant in Prenzlau, Brandenburg, the exploitation of Hydrogen trucks in Belgium and hydrogen trains in Germany.

Infoclip: EU new energy strategy - hydrogen

This Infoclip illustrates private electricity production by the means of solar panels installed on the roof, the family produces more than it consumes and has therefore a financial benefit. The clip shows several solar panel installations in the region near Leuven, Belgium.

Infoclip: Renewable energy - Private producers

This infoclip illustrates the use of renewable energy in Europe : photovoltaic installation on a house in Belgium, photovoltaic park in Greece, wind energy park in Belgium, production of biomass in France, biogas production site in Germany and pellet production in Belgium.

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