Energy policies influence a variety of central public interests: economic prosperity, public health, national security, environmental sustainability, scientific advancement and more. In recent years, the United States, the European Union, and member states have instituted various policy initiatives and approaches in order to achieve energy security and also to promote various other public goals. These diverse policy initiatives have reflected varying models of balance of government policies and market forces. The EU and many member states have tended to link different policy goals to single energy policies. For instance, policy to promote use of renewable energy has been linked to climate change prevention policies. In addition, policies to promote market-based trade of energy within Europe have been linked to security of supply goals. In the United States, it seems that policy goals related to energy were less intertwined in enacted policies.
On both sides of the Atlantic, governments have also grappled with questions of regulatory authority to set energy policy: in the case of Europe, EU institutions versus member states and in the case of the United States, the federal government versus states.
This panel will explore the balance sheet of the varying energy policies enacted in the United States, Germany and Europe. It will explore the different impact of the policies on energy security as well as for other public interest goals such as prevention of climate change and promotion of use of renewable energy. The panel will discuss the different models of government regulation versus market forces in use as well as examine the lessons that can be learned by the United States and Germany from the different policy experiences.