The image of the European Energy policy began taking its shape at Hampton Court in October 2005 at the informal European Summit and with that a basis for a secure, sustainable and competitive energy was established. The reasons for the definition of a new common Energy policy have been growing oil and gas prices, increasing Europe's energy dependency and the consequences of the climate change. Ambitious European energy and climate change objectives for 2020 were designed on the idea of setting up a "new global industrial revolution" to achieve global climate goals, among others, to limit global warming to no more than two degrees C compared to the period before the Industrial Revolution. Energy and energy related services in Europe have been always supposed to strengthen the European economy. But, global economic changes that began in 2008 caused a delay in European energy legislation implementation and thus Energy policy. European industries have become more than ever exposed to global competition and unpredicted conditions. Realization of European policies, as well as energy policy to achieve zero-carbon society by 2050 is becoming much more complex than it in the beginning seemed in the beginning. 

 

 

The European energy is governed with complex legislation in the field of energy management, renewable energy, energy markets and in the functioning of the energy actors involved. Most countries have adapted complex legislation that enables achieving the common European objectives. Day to day praxis indicates that the differences between countries and regions remain. Energy strategies of countries and regions are different, even in areas such as the internal energy market, although this should be completed by the year 2014. The impact of global economic recession extended on the European economy and with that the European energy.