EU Law: Deterring Energy Investments and a Source of Friction
Article from: OGEL 3 (2015), in Renewable Energy Disputes
Overview
The European Union ("EU") considers ensuring safe, secure, sustainable and affordable energy as key to our continued prosperity. Investments of more than € 1 trillion are needed by 2020 to modernise and expand Europe's energy infrastructure, provide for increasing and changing demand, interconnect networks across borders and integrate electricity from renewable sources. Much of that investment will need to come from outside the EU. This article examines three key ways in which EU energy law undermines much - needed investment in the energy sector and why it is fast becoming a source of ...