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Fortnightly Magazine - February 2004

Europe Rewired: A Giant Awakens

EU nations are taking slow steps toward an integrated energy market, but they are many paces ahead of U.S. efforts.
Arthur J. O'Donnell

EU nations are taking slow steps toward an integrated energy market, but they are many paces ahead of U.S. efforts.

Despite recent setbacks in establishing an acceptable balance of voting power among member nations, a new constitution for the European Union (EU) is expected to bring together dozens of separate nations into a single economic and political superpower and lead to an interconnected energy market throughout the European continent-one that will eventually stretch from Portugal to the Baltic Sea and from Ireland to Greece and perhaps beyond.

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