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 facing significant geopolitical, economic, environmental, and technological pressures that threaten its strategic landscape. The war in Ukraine has exposed Europe's energy vulnerabilities, while competition from the US and China is affecting its industrial and digital foundations.
The mood across boardrooms and ministries is increasingly apprehensive.
Industry leaders and policymakers met at the PKEE Energy Day to discuss the issues and find a way forward.
Author's summary: EU's energy union is crucial for competitiveness.