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Europe’s Energy Transition by Manuel Welsch

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Chapter 6

European Energy Policy Objectives

Aurélie Faure-Schuyer1, Manuel Welsch2 and Steve Pye3,    1Institut Français des Relations Internationales (IFRI), Brussels, Belgium,    2KTH Royal Institute of Technology, Stockholm, Sweden,    3University College London (UCL), London, United Kingdom

Abstract

Europe is on track to achieve the targets it set out for 2020 in terms of share of renewables, greenhouse gas emission reductions, and energy-efficiency efforts. Apart from a decline in consumption due to the 2007–12 financial crises, this apparent success relies on national interventions such as feed-in tariff support schemes. With the decision of the antitrust authorities to move from regulated support to market-based remuneration schemes, ...

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