<p>The energy union strategy aims at building an energy union that gives EU consumers - households and businesses - secure, sustainable, competitive and affordable energy.&nbsp;The five pillars of the Energy Union are:&nbsp;accelerating decarbonisation with the EU Emission Trading System (ETS) and renewables at is core; scaling up energy efficiency; enhancing energy security and safety; strengthening the internal market; research, innovation and competitiveness.&nbsp; Since 2021, Europe has experienced a hike in energy prices that is part of a global surge. The&nbsp;Russian invasion of Ukraine&nbsp;in 2022 has further affected the energy markets, causing new increases of energy prices and concerns over the EU’s ability to secure its energy supply. &nbsp;</p>

renewable energy (T)

energy union (T)

Energy union

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