The EU is facing a number of challenges including increasing import dependency; high and volatile energy prices; growing global energy demand; security risks affecting producing and transit countries; growing threats of climate change; slow progress in energy efficiency; challenges posed by the increasing share of renewables; the need for increased transparency, further integration and interconnection in energy markets. The EU energy policy therefore has a wide range of measures in place aiming to achieve an integrated energy market, security of energy supply and a sustainable energy sector.
To ensure that unnecessary costs are removed and rules are as effective and efficient as possible, since 2015 under REFIT, 4 initiatives have been adopted and 3 initiatives are pending adoption. Moreover, 4 evaluations have been finalised.