Infrastructures are the backbone of any economy, and energy is vital to a society's way of life. Electricity transmission, gas and oil pipelines, smart grids, storage of energy, and, later on, CO2 transport are essential elements of present and future energy systems. The energy and climate policies conducted by the European Union since 2007 have led to: the third energy package governing the internal electricity and gas markets; the directive setting the target of 20% of renewable sources of energy by 2020; the energy efficiency directive; and, most recently, the regulation establishing the...

This book examines the latest developments of the European Union's energy policy and particularly the way security of energy supply is taken into account and handled. As one of the three objectives of the EU energy policy, security of supply emerged as a central element of the policy, after the January 2009 gas crisis and now with the consequences of the Fukushima events. The contributions to this book are from the most informed people on the various. It analyses the extensive developments of the concept toward energy security, the impact of the third internal market package on its...