The Energy Union can further the process of opening up and integrating energy markets within the European Union. However, there is a risk that behind the proposal a new wave of regulation looms, both at national and EU levels. If Energy Union is really about increasing energy security, sustainability and competitiveness, the most efficient policy is to broaden the scope of competition by creating the conditions for more effective market integration and removing existing barriers.
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EPICENTER, the European Policy Information Center, is an independent initiative of six leading think tanks from across the European Union. It seeks to inform the EU policy debate and promote the principles of a free society by bringing together the economic expertise of its members.