Completing the Energy Union to Maintain Competitiveness
European energy businesses are concerned about the EU's global competitiveness, questioning the current state of the EU's energy union.
Europe is at a critical juncture, facing geopolitical, economic, environmental, and technological pressures that threaten its strategic landscape.
- Russia's war on Ukraine has exposed Europe's energy vulnerabilities.
- Intensifying competition from the US and China is affecting Europe's industrial and digital foundations.
The mood across boardrooms and ministries is increasingly apprehensive.
Policymakers, industry leaders, and energy stakeholders met at the PKEE Energy Day to discuss the issues and find a way forward.
Author's summary: Europe must complete its energy union to stay competitive.
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