2016 will be a critical year for energy policy in the EU and beyond. Most of the initiatives to be adopted as part of the EU’s Energy Union Strategy will happen this year and, finally, the EU legislature will have proposals to work on. The successful COP21 and resulting Paris agreement are yet to be ratified and implemented, but will rev up the race towards climate friendly technologies. Meanwhile, the low oil price is beginning to bear down ever more – on business, but also on politics and the global economy. With our first Energy Flash for 2016, we offer an overview of what we think qualify as the most important developments to look out for in 2016.
Arne Koeppel is Head of Research, Constantine Levoyannis is Senior Consultant and Mateusz Stankiewicz-Szynka is Consultant in FTI Consulting’s energy team in Brussels.