We are an advocacy campaign set up to promote the key goals of the European Union in the energy field: sustainability, security and stability of supply, diversified resources and open and unified markets.
These objectives, first set out by the EU over a decade ago, are more vital than ever. The world has become more uncertain and even more unstable since the financial crisis of 2008. The benefits of globalisation and free trade are increasingly put at risk by a new wave of protectionism. And energy supply is more politicised than ever before.
The EU’s Energy Union is a key element of Europe’s response to these growing challenges and threats. It embraces five key policy dimensions in pursuing secure, affordable and climate-friendly energy, reaffirming above all the need to end over-dependence on external supplies. Fair energy fully supports the Energy Union’s endeavours towards a rich variety of independent energy sources, including a growing share of renewables.
In this context, we oppose projects which impact supply security such as Nord Stream 2, the huge new gas pipeline owned and operated by Russian quasi-monopoly Gazprom, and OPAL which connects the Nord Stream pipeline with the Central-European Russian gas transit system. We also want companies like Gazprom to fulfil their legal obligations under the Energy Union.
These projects flatly contradicts the EU’s objectives within the energy union and are in breach of its Third Energy Package designed to liberalise the market, not leave it to a foreign dominant player.
Increasing the EU’s dependence on gas directly imported from Russia where Gazprom’s share of the market already stands at 34% – and more than 50% in Germany alone is dangerous. That makes the EU more vulnerable to unpredictable external events, including arbitrary price hikes and politically-motivated disruptions to supply.
We believe in fair market opportunity for others, fair pricing and clear rule of law applied uniformly inside the Energy Union.