Europe: EU energy beyond 2010

Thursday, October 1st, 2009

Tony Doherty considers the way ahead in European energy policy and predicts that the Third Legislative Package should lead towards a more robust, sustainable market. During 2007, the almost relentless increase in the price of crude oil was followed by a dispute between the Ukraine and Russia over payments for gas which ultimately resulted in reduced flows and a gas crisis across Europe in early 2009. High energy prices and questions over security of supply were being debated at the highest levels. At...

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