Rabanal - Faculty of Economics, Dept of Economy,Spain

In many countries of the world energy sector is being reorganized in order to make markets more competitive and compatible with environment. The several rhythms of economic growth besides the changes in the dynamic of the markets, the endowment of productive factor and the technological change, have made of their study a complex task in which there are elements to keep in mind and numerous the points of view that could be adopted around their future. In the case of EU, its future depends on a secure, affordable and ecologically sustainable supply. But the energy supply, in this case has two dimensions: one external dimension and one internal dimension. Externally, European Union1 must fill a gap between domestic production and economic demands with the objective of managing external dependence. Internally, European Union needs to balance supply and demand with the consideration of environmental, social and safety dimension. The purpose of this paper is show some characteristics of the energy sector in European Union and study in deep the main lines of energy policy in this moment and for the future.

Energy Policy, European Union and Energy