New EU-US Energy Council launched

A new EU-US Energy Council, which aims to deepen transatlantic dialogue on strategic energy issues, has been launched. The Energy Council will study diversification of energy sources, such as through increased use of liquefied natural gas (LNG), solar power, wind power and biofuels, and the use of nuclear power. It will also discuss how to effectively promote global energy security on the basis of transparent, stable and non-discriminatory global energy markets and diversified energy sources. The work of the Council will be structured through working groups of senior officials from both sides that will focus on three specific areas: Energy Policies, Global Energy Security and Global Markets and Energy Technologies Research Cooperation. The Council plans to meet annually.

A declaration from November’s EU-US Summit, which announced the launch of the EU-US Energy Council, can befound here:

http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/er/110929.pdf