How the EU can progress towards an “Energy Union”

The International Energy Agency (IEA) review praises bloc’s low-carbon leadership but notes that deeper market integration is essential to manage costs of clean-energy shift.

The EU transition to a low-carbon system remains challenging, as electricity and transport sectors rely heavily on fossil fuels. The study shows that to achieve its 2020 and 2030 climate and energy targets, the EU must reform the EU Emissions Trading Scheme (EU ETS) and allow support mechanisms to encourage investment in low-carbon technologies including nuclear.

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