After Carbon – Everything you need to know about Europe's changing energy market

Welcome to the 2023/2024 edition of the European Energy Handbook. This year's edition focuses on recent legal and commercial developments within these jurisdictions and covers issues such as the REPower EU strategy which, following Russia's invasion of Ukraine, was introduced with the aim of reducing the EU's dependence on Russian fossil fuels.

The handbook also covers other developments in EU energy policy and strategy. These include:

• The EU's adoption of the European Green Deal – a package of concrete policy initiatives aimed at achieving net zero greenhouse gas emissions in the EU by 2050.
• Fit for 55 – a set of proposals revising and updating EU legislation that aims to ensure the EU reaches its intermediate targets for 2030.
• The revision of the design of the EU electricity market.

Climate change, the energy transition and associated challenges continue to be strong themes in nearly all of the contributions of this edition, as each jurisdiction strives to meet its EU renewable energy obligations by 2030 and beyond. Other topics include the increasing importance of electricity storage in the energy mix; the more evident progress of privatisations in some jurisdictions; the development and construction of new electricity interconnectors and the emergence of multi-purpose interconnectors to enable multi-jurisdictional offshore wind projects; the growth of investment in alternative renewable sources such as hydrogen; and the growing importance of environmental, social and governance obligations.

If you would like to obtain a full copy of the guide or a specific chapter, fill out our download form.

In addition to contributions from the European Union, Belgium, France, Germany, Ireland, Italy, Spain, and the United Kingdom, other international collaborators include: Schönherr, Loloci & Associates, Georgiades & Pelides LLC, BOPA Law, Ellex Raidla, Roschier , Kyriakides Georgopoulos, BBA//Fjeldco, Meitar Liquornik Geva Leshem Tal Law Offices, Kinstellar, Cobalt, Arendt & Medernach, Zammit Pace Advocates, Houthoff, Karanovic & Partners, Arntzen de Besche Advokatfirma AS, WKB Wierciński, Kwieciński, Baehr, Campos Ferreira, Sá Carneiro & Associados, Setterwalls, Schellenberg Wittmer AG, Kolcuoğlu Demirkan Koçaklı, and Avellum.

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