How the European Union is preparing the 'Third Industrial Revolution' with an innovative energy policy

Andris Piebalgs

No 11, EUI-RSCAS Working Papers from European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS)

Abstract: It is clear that we are at the beginning of what has correctly been called the 'third industrial revolution' - the rapid development of an entirely new energy system. We can expect a massive shift towards a carbon-free electricity system, huge pressure to reduce energy consumption and transport on the basis of renewable electricity. To make this shift in a manner that maintains, and in fact increases the EU's competitiveness, means that stimulating rapid technological development in these areas has to be a central part of the EU's energy policy. Indeed, this is at the heart of the question: how can the EU turn the challenges of climate change and energy security into an opportunity?

Keywords: energy policy; electricity; electricity (search for similar items in EconPapers)
Date: 2009-03-15
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