Achieving a secure energy supply at reasonable cost remains one of Europe’s great strategic challenges. <br /><br />The Ukraine crisis is driving the EU to rethink its energy policy. An EU report has called for more domestic production and to fast-track an EU energy market. <br /><br />Energy Commissioner Guenther Oettinger says the EU “must avoid falling victim to political and commercial blackmail”. But at what cost does energy independence come?<br /><br />European businesses wants cost-effective solutions to keep industry competitive. Energy prices in Europe are already sky-high compared to other parts of the world.<br /><br />The European Commission wants a mix of renewables, nuclear and “sustainable production of competitive fossil fuels” (read shale gas). <br /><br />These are the pressing issues getting the treatment in this edition of The Network, debate from Brussels hosted by Chris Burns. Joining the discussion are: Ska Keller, German Greens MEP, Markus Beyrer, BusinessEurope’s Director General, who represents business federations in 35 countries and Klaus-Dieter Borchardt, the European Commission’s Director of the Internal Energy Market.<br /><br />Watch the video to find out how they see the region’s energy future.
