Soaring Energy Prices Top Agenda at EU Summit

The video discusses the energy crisis in Europe, highlighting the complexity and fragmentation of the energy market. It covers the EU's attempts at collective action, such as joint procurement of gas, and the political and economic challenges involved. Comparisons are made with the EU's vaccine procurement strategy, emphasizing the difficulties in replicating this approach in the energy sector due to varying dependencies on gas and nuclear energy across countries. The video concludes with the challenges of executing joint procurement and transitioning to greener energy.

In what ways do different energy dependencies among countries complicate the transition to greener energy?

What lessons can be learned from the vaccine campaign in Europe that could be applied to energy procurement?