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EU energy markets ride the wave of populism

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February 11, 2025

The rise of populism on both sides of the Atlantic is having an impact on Europe's energy sector and wholesale markets. After decades of integration and liberalisation in Europe, could the internal EU energy market be at risk? Elections loom for Germany in February, and  Norway in September with the politicisation of the energy transition at the heart of the debate.

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Hey, this is such a timely topic! The rise of populism really seems to be shaking things up across the Atlantic, and I hadn’t thought about how it might affect Europe’s energy sector until now. It’s a bit worrying to think that the internal EU energy market, which has been built on decades of integration and liberalization, could be at risk. I mean, the EU has made such huge strides toward a unified energy system—cross-border trading, shared renewable goals, all that stuff—so the idea of populism throwing a wrench into that is kind of unsettling. sprunki phase 5

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