EU Commission proposes to enhance governance regulation to meet the energy targets
by Alessandra Lazzari (January 13, 2017)
The proposal came in accordance with the development of other initiatives regarding renewable energy, energy efficiency, and the design of a domestic electricity market. As a matter of fact, a transparent, and more than this, an efficient governance regulation results essential while drafting and implementing policies, both at the European and at the national level, in order to avoid waste of time and resources, and getting stuck on bureaucracy.
The proposal is to be considered within the wider pattern of the 2030 Climate and Energy Policy Framework. Actually, in order to reach the settled energy goals for 2030, the EU must cut greenhouse gas emissions by at least 40% compared to 1990 levels, achieve a renewable energy share growth of at least 27%, and register an improvement in energy efficiency of 27% minimum, as it has been set in the Climate and Energy Policy Framework for 2030. Within this structure, transparent governance could turn out decisive in sustaining developments in the energy sector and decarbonisation as well.
Consequently, the intent of the European Commission through this regulation would be, basically, to ensure that coherent energy and climate national plans will be assessed following an integrated and inclusive process, where member states could discuss together and comment each other’s plans. By the way, it also would work for harmonizing national plans together with the European one.
Firstly, it must be understood that the EU Commission provided the proposal for this improvement in regulation with the intent of upgrading the coherence and effort of all the member states, since only actions undertaken by the whole of the Union would have effective impacts. Coordination results fundamental at the EU level, as well as at the national one, since policies need to be not only integrated, but also complementary, to function significantly; here transparent governance can play a role boosting actions by member states, and checks over operations too. Moreover, transparency can work benefiting the cooperation, as it can lead to a reduction in administrative burdens, and this could mean saving resources to be deployed elsewhere, and better invested.
In addition, together with policy coherence, the proposed regulation tries to bolster investment in the renewable energy sector, by giving more certainty to this field. Set national plans for energy up to 2030 (to say, on a medium-term period) would grant certainty for investments, that are estimated to grow as a consequence.
Anyway, not only financing is concerned; household, as well as businesses are meant to be sustained through this new legislative development: transparency can, actually, provide access to a secure, affordable, and, most important, sustainable energy market for these actors, objective which is pivotal to the EU energy policies.
Furthermore, to support and enhance the principle of transparency, the submitted measure contains an integrative set of requirements to be added to the already existing ones, regarding the planning, the monitoring, and the reporting in both the energy and climate fields.
Lastly, the Governance Regulation, other than reaching the Energy Union aims, will affect climate and energy plans and policies, bolstering the cooperation to meet even the Paris Agreement goals. The European Commission, in fact, has drafted the Governance Regulation to integrate many additional measures concerning emissions reduction, transports, buildings, forests, etc., showing a strong and constant commitment in favour of a greener and more sustainable society.
Alessandra Lazzari is Junior Policy Analyst at Bridging Europe
bridging europe services
Want to learn more? Click here
bridging europe membership
Want to learn more? Click here
bridging europe infographics & polls
Want to find our more? Click here