2030 Commitments 2050 Vision and Beyond
UPEI, Europe’s Independent Fuels Suppliers Association, published in 2019 its Vision for 2050. Now, the major shocks that have affected the global energy system over the last three years, particularly the COVID 19 pandemic and the Russian invasion of Ukraine, combined with the fact that no improvement has been measured yet on the climate evolution, required an even more coordinated approach to promote the energy transition towards a more sustainable, resilient, and affordable energy system. Keeping this idea in mind, UPEI reviewed its 2050 Vision, highlighting the major contribution which our sector of the energy supply chain can and will make to support the Europeans to operate in the carbon-neutral economy and society.
Our infrastructure is ready to deliver many alternative fuels to all consumers at affordable prices. To do so, a major condition to attract public and private investment, is to promote the support of policymakers, particularly at EU-level, making sure technology neutrality is guaranteed by further supporting hydrogen, encouraging existing infrastructures, ensuring legislative clarity, establishing a smart energy taxation system, and integrating the social dimension in the transition. We need therefore to understand first:
- What has changed since 2019?
- How the European Independent Fuel Suppliers can contribute to solving the challenges posed by these new developments?
- What UPEI Members expect from the EU and Member States policy makers?
All these elements are developed in our reviewed 2050 Vision, which we hope you will find interesting.
