Energy supply and security
European Parliament - EPRS Policy podcasts
European Parliament Webmaster
4.8 • 13 Ratings
🗓️ 7 December 2018
⏱️ 7 minutes
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Summary
https://www.europarl.europa.eu/RegData/etudes/BRIE/2018/630275/EPRS_BRI(2018)630275_EN.pdf
Source: © European Union - EP
Transcript
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| 0:00.0 | You're listening to the European Parliamentary Research Service podcast on energy supply and security in Europe. |
| 0:07.0 | Can you imagine modern life without electricity? It takes only a short blackout to realise just how much we depend on it. |
| 0:14.0 | This is why ensuring energy supply and security has become a top priority for the European Union, even if on energy matters both member |
| 0:21.4 | states and the EU has something to say. |
| 0:23.9 | Want to know more? |
| 0:24.7 | Stay with us. |
| 0:25.7 | Did you know that the EU imports more than half of all the energy it consumes? |
| 0:33.5 | Yes, and we're actually paying over one billion euros per day to import this energy, so it's |
| 0:38.4 | an expensive bill. |
| 0:40.5 | Dependency is particularly high for crude oil and natural gas, and many European countries |
| 0:45.0 | are heavily reliant on a single supplier, which leaves them vulnerable to supply disruptions, |
| 0:49.9 | whether caused by political or commercial disputes or infrastructure failure. Security of supply is guaranteed in the first instance by national authorities, |
| 0:58.0 | yet the interconnected nature of energy markets and supply routes |
| 1:01.0 | means that close coordination is necessary to prevent blackouts and sure security of supply. |
| 1:06.6 | This responsibility falls on the shoulders of the EU, |
| 1:09.1 | even if member states are still free |
| 1:11.1 | to decide on the structure of their energy supply and the sources they use. |
| 1:15.0 | The increasing interconnection of European energy markets brings many benefits for European |
| 1:19.1 | citizens. |
| 1:20.1 | For example, they are free to choose their energy supplier. |
| 1:22.7 | They share a common set of consumer rights and can benefit from lower prices and more |
| 1:26.6 | transparent and competitive markets. |
... |
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