In Spring 2022, the European Commission will present its International Energy Engagement strategy, which will undoubtedly reflect that the European Green Deal nowadays tops the Brussels agenda. From being a traditional buyer of fossil fuels, the EU is adapting to become an exporter of green energy solutions and, to some degree, an importer of green energy. At a time when energy prices are historically high and EU climate policy is accelerating, this policy brief analyses what a more pro-active EU green energy diplomacy could look like. In light of this shift, a review is made of which instruments the EU could deploy to support green energy transitions and discourage third countries from continuing extraction and production of fossil fuels. It recommends the EU takes a firm stance on phasing out fossil fuel and enter dialogue with some of its current fossil fuel suppliers on the implications of its own transition. The EU will need to establish new partnerships on green energy provision, technology and critical raw materials needed for the transition.
Read more here.