Energy policy in the EU
Energy policy in the European Union is based on the basic principles of sustainability, competitiveness and security of supply. The EU’s energy policy objectives are congruent with Finland’s national objectives.
The aim of the EU’s common energy policy is to ensure secure, affordable and climate-friendly energy.
Since the first treaties laying the foundations for the European project, energy has been a driver of integration and subject to regulation. However, the Lisbon Treaty that entered into force in 2009 was the first treaty to include a chapter on energy, defining the competences of the EU and its Member States in the field of energy policy.
EU countries are still responsible for deciding their own energy mix, but according to Article 194 of the Treaty on the Functioning of the European Union (TFEU), the EU policy on energy aims to:
- ensure the functioning of the energy market
- ensure security of energy supply
- promote energy efficiency and energy saving and the development of renewable forms of energy
- promote the interconnection of energy networks.
The energy matters discussed at the Transport, Telecommunications and Energy Council (TTE) fall within the remit of the Ministry of Economic Affairs and Employment (MEAE). European energy ministers meet at the TTE Council approximately three times a year. In addition, each Member State holding the Presidency of the EU Council organises one informal meeting for energy ministers during the six-month Presidency. At the Council meetings, all matters related to EU energy policy are discussed. The only exception is nuclear energy matters, which are covered by a separate treaty (Euratom Treaty) and are adopted by the General Affairs Council.